First Look: H&M opens new store concept in NYC
Located at 591 Broadway, the store was designed by H&M’s in-house architecture team and has a modern, industrial feel that’s in keeping with the neighborhood. The interior boasts a staging area for fashion shows and other events and two LED screens for fashion videos. There is also a pickup area with lockers for in-store pickup of online orders.
“This new location marks our return to SoHo, a neighborhood which continues to be an epicenter of fashion and style," said Carlos Duarte, president of H&M Americas. "We've been testing new store concepts in NYC, such as our recent H&M Williamsburg store experience, with the aim of building the best, elevated shopping experience for our customers. We're excited to bring H&M SoHo to life through curated, trend driven products as well as a new secondhand offering, all in a sleek and inspiring store that fits seamlessly into the fabric of the neighborhood."
Last week, H&M Group reported that its fourth-quarter sales fell 1% (in local currencies), following two successive quarters of flat sales. Sales in December and January were down 4% compared to the previous year. The company also said that Daniel Ervér had taken the reins as CEO. He succeeds Helena Helmersson, who stepped down in a surprise move.