Swedish clothing retailer Hennes and Mauritz (H&M) plans to reduce several of its upcoming store sizes in India by nearly half due to expensive real estate and space crunch in leading malls and multiple sources. Many of the new stores will be in the range of about 15,000-17,000 sq ft, one of the smallest globally for the fast fashion giant that otherwise operates sprawling outlets spread over 25,000 to 50,000…
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