Aug
22

H&M to Open in Derry

Around 50 new retail jobs are on their way to Derry with confirmation that fashion retailer and TDK client H&M is coming to Foyleside.

H&M, which last week announced profits for a third consecutive month, will fill around 20,000sq ft in the Derry shopping centre. And its arrival means the city centre shopping complex is now fully let.

Foyleside manager Fergal Rafferty says he is delighted by H&M’s arrival.

“This reinforces Foyleside as the regional shopping destination in the North West and with the recent expansion of TopShop/Top Man and new arrivals Hoi Polloi, Jane Norman and Vogue leaves the centre currently fully let. These investments reflect over £5m investment since the beginning of 2012 and underpin the confidence that these tenants have in selecting Foyleside as their preferred location in a challenging retail climate.”

Mark Thallon Head of Retail Property at TDK who negotiated the acquisition on behalf of H&M said

“H&M are due to open their new department store in early October and will stock a full compliment of merchandise of ladies fashion, menswear, children’s wear and homeware.

“The opening is just in time for their busy autumn/winter season and complements their other recent Store openings in both Northern and Southern Ireland.”

H&M has around 2,600 stores spanning a total of 44 countries.

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