Stockholm - Swedish clothing retail giant Hennes & Mauritz (H&M) plans to add South Korea to the list of countries it operates in, the group said Wednesday.
The company said it has inked a deal to open a store in the South Korean capital Seoul during the spring of 2010.
"We look forward to establishing in South Korea. We have positive experiences from our establishments in Japan, Hong Kong and China and see South Korea as a natural consecutive step," H&M chief executive Rolf Eriksen said in a statement.
This year, H&M is planning to open 225 stores worldwide, mainly in Britain, the United States, Spain, France, Germany and Italy. The company's first stores were also due to open in Moscow and Beijing.
H&M currently operates over 1,700 stores in 33 countries. (dpa)