Swedish fast fashion retailer H&M has disclosed the group's expansion plans for 2015, which include the opening of around 400 new stores, most of them in China and the US. Coinciding with the full-year report 2014 release, the company has made public further growth details in comparison with the information revealed last November that we published here.

In terms of new markets, the retail chain will open for the first time in Taiwan, Peru, Macau, South Africa and India throughout this year. The roll-out of H&M’s online store also continues with nine new online markets in Belgium, Bulgaria, the Czech Republic, Hungary, Poland, Portugal, Romania, Slovakia and Switzerland.

No concrete number of openings has been given for the group’s other brands COS, Monki, Weekday, Cheap Monday and & Other stories, but the company points out that the main focus of expansion will be on COS and & Other Stories, which will open more shops in 2015 compared to 2014 –twenty-nine and nine retail spaces added last year respectively-.

Autumn 2015 will see the launch of H&M Beauty, the company’s new concept for make-up, body- and hair care products that will replace the actual own-brand cosmetics. H&M Beauty will be released in around 900 H&M shops in approximately 40 markets as well as online.