At the end of 2023, H&M had approximately 130 stores in Spain; a slight increase compared to the previous year. However, recent news indicate that a downward trend is to be expected in 2024. The Swedish fashion giant made public earlier this year the proposal to close 28 stores within the country.
Annual number of establishments of the H&M brand in Spain from 2010 to 2024
Data prior to 2022 was retrieved from the company's annual reports.
*Data for 2024 is an estimate taking into account the projected closure of 28 stores announced by the company in January 2024, more information about which can be found in the following article.
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H&M. (February 28, 2024). Annual number of establishments of the H&M brand in Spain from 2010 to 2024 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/765358/number-from-stores-from-h-and-m-in-spain/
H&M. "Annual number of establishments of the H&M brand in Spain from 2010 to 2024." Chart. February 28, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/765358/number-from-stores-from-h-and-m-in-spain/
H&M. (2024). Annual number of establishments of the H&M brand in Spain from 2010 to 2024. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/765358/number-from-stores-from-h-and-m-in-spain/
H&M. "Annual Number of Establishments of The H&m Brand in Spain from 2010 to 2024." Statista, Statista Inc., 28 Feb 2024, https://www.statista.com/statistics/765358/number-from-stores-from-h-and-m-in-spain/
H&M, Annual number of establishments of the H&M brand in Spain from 2010 to 2024 Statista, https://www.statista.com/statistics/765358/number-from-stores-from-h-and-m-in-spain/ (last visited December 22, 2024)
Annual number of establishments of the H&M brand in Spain from 2010 to 2024 [Graph], H&M, February 28, 2024. [Online]. Available: https://www.statista.com/statistics/765358/number-from-stores-from-h-and-m-in-spain/