H&M to launch upmarket fashion brand Arket with opening of London store

Retail group H&M is to launch its eighth fashion brand, with plans to open a store in London under the new banner Arket, which means "sheet of paper" in Swedish.

H&M: Oxfrord Circus store, London
H&M: Oxfrord Circus store, London

According to the BBC, the company will position Arket at a higher price bracket than the core H&M retail business, with clothing using "simple, timeless and functional designs" for adults and children. The store will also sell homeware.

The Swedish group’s London store, which will open later this year, will mark Arket’s debut, with shops in Brussels, Copenhagen and Munich planned subsequently. The Arket brand will also have an online presence in 18 European countries.

The new stores will sell own-brand as well as other brand goods, while in-store cafes will offer customers Scandinavian-style food.

The move comes as H&M, among other retailers, sees sales hit on the high street.

Ulrika Bernhardtz, H&M’s creative director, said: "It both relates to our origin in the Nordic tradition of functional, long-lasting design and symbolises the blank sheet, the sense of optimism and possibility we felt creating this new brand."

Subscribe to Campaign from just £37 a quarter 

Get the very latest news and insight from  Campaign with unlimited access to Campaignlive.co.uk

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Job description: Digital marketing executive
Shares0
Share

1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).

Just published

More