Will H&M expansion plans ultimate mean a market battle with LPP?

Swedish clothing producer Hennes & Mauritz (H&M) long term plans include opening 50 shops across the country. Yesterday the firm launched its second shop and by the end of the year H&M wants have at least six shops operating. However, as the best high street sites are now very hard to come by, the Swedish concern does not exclude taking over an already existing network. "We have the possibility of investing a large amount of money here and our current investments have already exceeded zł. 10 million," said H&M's director for Poland and Germany Hans Andersson. H&M's expansion is being monitored by Gdańsk-based clothing manufacturer LPP, owner of the Reserved brand, which sees the Swedish company as its most serious competitor. (Puls Biznesu, p. 11) A.Z.