H&M Franchise

Are you are searching for a Global fashion outfit franchise? Do you have a retail clothing store and not happy with benefit and client footfall? If given the chance, will you be prepared to take up a style retail franchise in your city? Did your deep research on fashion retail business have landed you on this page?

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If yes then this article is perfectly for you. If you want to enter the fashion retail business, then taking H&M franchise can be a good choice. In this article we shall try to cover all required information about H&M and its franchise. Beginning with a short introduction on H&M, the process and how to get H&M franchise, the cost and profit margin, eligibility and answer a few normal questions regarding H&M.

H&M Franchise Wiki

H&M is stands for Hennes and Mauritz, established in 1947 by Erling Persson (A Swedish Business owner). H&M is one of the leading, well established, and rapidly developing Swedish multinational clothing retail company that offer an extensive variety of outfit, accessories, and beauty care products for men, women, youngsters, and kids.

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Since its commencement, H&M has expanded its areas to more than 4900 stores in 74 countries that made them one of the world’s biggest fashion retailers. The company has helped the chain to occupy a significant place of market in the clothing business all over the world.

{H&M is planning to grow its business across India, various regions of South America, Albania. H&M maintains its general expansion strategy all over the world. The company does not provide franchise except few regions where the company is working with franchise partner due to some regulatory norms. The company managed directly in most of the regions.

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H&M Franchise Benefits

• Brand Recognition
• Low Cost of Entry
• Support from an Expert Team
• Reduced Risk for Startups
• A Vibrant And Growing Industry

H&M Franchise Financial Assistance

The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.

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H&M Franchise Cost/ Investment / Price / Fee

H&M managed its outlet itself; there is no franchise model or system offered by the company except few regions. It is actually difficult to tell you exact investment and how much does H&M franchise cost? The cost depends upon the size of the store, area, location. A store in shopping mall can cost approx. $1 million or more than that.

If you want to start is in India then you have to invest 50 Lakh -1 crore INR for 1000 square feet for the store. In this investment the store setup, furniture, IT support and online platforms, AC, CCTV surveillance, initial stocks are included.

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H&M Franchise Requirements

• Legal to work in the India
• Ability to speak and understand English
• Have all Legal documents
• No criminal record

Eligibility for H&M franchise

Before applying for the franchise you have to keep in mind the following things-

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• The franchisor’s age must be 21 or above.
• Should have prior business experience.
• He/She should have graduation degree or similar academic qualifications.

*Must have the following documents-

• Franchise agreement
• Proprietor’s Aadhar card copy
• Proprietor’s photo
• Proprietor/Business PAN card copy
• Business TAN copy
• GST registration certificate
• Proprietor/ Business Aadhar proof.
• Shop address proof
• NOC of shop

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Space Required for H&M Franchise

Space and area of any store is very important to develop a business. If you want to start H&M outlet in your city then you must have 1000-1500 square feet area where you have to make products display area, trial room, billing counter. The area should be in the prime location of your city.

How Much Money Can I Make With A H&M Franchise 

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

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The profit margin of H&M store or some other franchise might depend upon few factors like-city, normal customer’s engagement at the store, and area and location. In present time there is huge growth in the fashion and garment industry.

In H&M the cost of the products are in premium range, the investment is moderate, varieties of options, Global presence, best promotion and marketing technique and excellent customer service gain a good profit margin.

The franchise system is based on the profit sharing and commission with 96% going to the franchise and 4% going to the company on total sale. The return on investment is 1 year from the opening of the store.

Franchise Support by H&M

H&M is an International brand known for its quality products and fashion sense. H&M is very supportive for its business associates and partners. Following are some vital support provided by H&M to its franchise-

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• The company helps in selection of the location and analyses the site for new outlet.
• It helps to make a standard layout for the store.
• The company provides centralize billing system and helps in install the required software in the PC of the store and provides other IT supports.
• The company always brings innovations in their products and sends those products to their stores as soon as possible.
• H&M helps in quality checking and inventory management of its stores.
• The company provides management and staffs training often to run the business smoothly and maintain the company standard.
• The company takes care of its entire marketing and promotional work globally.
• The concern team will schedule online and offline meetings with its business partners and associates to know the update of the business.
• The company helps in all types of promotional activities on pre and during the new launch of the store as per the location.

How to Apply For H&M Franchise 

H&M does not focus on franchise so; it is quite difficult to take franchise in India. There are some regions where they collaborate with some investors and run the business with them as franchise partner. If you visit the official site of H&M you can see there is no specific option to apply for the franchise.

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But you can contact to the concern team to give your business proposal. You can draft a mail where you have to mention your business idea, and explain the business opportunity and market survey report in the mail. After completion of the main you have to attach some required documents then send the mail to following mail ID’s. If your proposal is accepted by the company then the H&M team will contact you.

info@hm.com

Product Regulatory Compliance

Contact for authorities

productcompliance@hm.com

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Contact details

Website

hm.com

Conclusion

So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you

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FAQ (Frequently Asked Question)

Is H&M Franchise profitable or not?

Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.

How much does it cost to open H&M Franchise?

H&M managed its outlet itself; there is no franchise model or system offered by the company except few regions. It is actually difficult to tell you exact investment and how much does H&M franchise cost? The cost depends upon the size of the store, area, location.

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A store in shopping mall can cost approx. $1 million or more than that. If you want to start is in India then you have to invest 50 Lakh -1 crore INR for 1000 square feet for the store. In this investment the store setup, furniture, IT support and online platforms, AC, CCTV surveillance, initial stocks are included.

 Is H&M provides franchise ?

No, H&M does not provide franchise. All H&M stores are owned and operated by the company itself, but in certain region it provides franchise. The company expands its business normally in country level and has full control on the outlets. H&M can give an opportunity to any investor if he has an outstanding business proposal.

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Can I open a H&M store as a franchisee ?

No, H&M does not offer franchise opportunities. The company owns and operates all H&M stores.

How much investment is required to open H&M outlet in India ?

 The initial investment is required to start H&M franchise is 50 lakh -2 crore.

Is H&M franchise profitable ?

Of course it is a leading brand and has global recognition. It is growing its business every year and the franchisee gain a handsome profit.

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How can I become a supplier for H&M ?

 You can visit the H&M Group website and fill out the supplier registration form. The company will then review your application and contact you if there are any opportunities for collaboration.

Is there any career opportunity in H&M except franchising ?

Except franchise option for a career the company often hire fashion designer, sales people, sales consultant, assistants, visual display person and store managers. These positions are very good for the career.

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What are the 8 type brands of H&M ?

There are 8 brands are included in H&M groups, they are- H&M, COS, Monki, Weekday, & Other stories, Cheap Monday, H&M Home and ARKET.

Can I sell H&M products in my own store ?

No, you cannot sell H&M products in your own store unless you are an authorized H&M retailer. H&M only sells its products through its own stores and website.

How can I contact H&M about franchise opportunities ?

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Since H&M does not offer franchise opportunities, there is no contact information specifically for franchising inquiries. However, you can contact H&M’s customer service team for general inquiries or visit their website for more information.

Does H&M provide training and support for its suppliers ?

Yes, H&M provides training and support for its suppliers to help them meet the company’s standards for ethical and sustainable production.

Does H&M offer any other opportunities for collaboration ?

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Yes, H&M works with various partners and organizations on sustainability initiatives, social responsibility programs, and other projects. You can visit the H&M Group website for more information on their collaborations and partnerships.

Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.

If you need any help from our team then please fill the contact form our team will contact you soon. And if you like this post then please share this post.

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