![Hennes & Mauritz (H&M) CEO Karl-Johan Persson (R), accompanied by other managers, cuts the ribbon to inaugurate the first H&M store in Peru, at the Jockey Plaza mall in Lima, May 9, Hennes & Mauritz (H&M) CEO Karl-Johan Persson (R), accompanied by other managers, cuts the ribbon to inaugurate the first H&M store in Peru, at the Jockey Plaza mall in Lima, May 9,](https://l450v.alamy.com/450v/2e62mfn/hennes-mauritz-hm-ceo-karl-johan-persson-stands-at-the-newly-opened-hennes-mauritz-hm-store-in-peru-at-the-jockey-plaza-mall-in-lima-may-9-2015-swedish-fashion-giant-hm-one-of-the-worlds-biggest-clothing-retailer-opened-its-first-peruvian-store-in-lima-on-saturday-reutersmariana-bazo-2e62mfn.jpg)
Hennes & Mauritz (H&M) CEO Karl-Johan Persson (R), accompanied by other managers, cuts the ribbon to inaugurate the first H&M store in Peru, at the Jockey Plaza mall in Lima, May 9,
![Hennes & Mauritz (H&M) CEO Karl-Johan Persson (R), accompanied by other managers, cuts the ribbon to inaugurate the first H&M store in Peru, at the Jockey Plaza mall in Lima, May 9, Hennes & Mauritz (H&M) CEO Karl-Johan Persson (R), accompanied by other managers, cuts the ribbon to inaugurate the first H&M store in Peru, at the Jockey Plaza mall in Lima, May 9,](https://c8.alamy.com/comp/2CXYEN2/hennes-mauritz-hm-ceo-karl-johan-persson-r-accompanied-by-other-managers-cuts-the-ribbon-to-inaugurate-the-first-hm-store-in-peru-at-the-jockey-plaza-mall-in-lima-may-9-2015-swedish-fashion-giant-hm-one-of-the-worlds-biggest-clothing-retailer-opened-its-first-peruvian-store-in-lima-on-saturday-reutersmariana-bazo-2CXYEN2.jpg)
Hennes & Mauritz (H&M) CEO Karl-Johan Persson (R), accompanied by other managers, cuts the ribbon to inaugurate the first H&M store in Peru, at the Jockey Plaza mall in Lima, May 9,
![A shopper carries shopping bag as he exit the newly opened Hennes & Mauritz (H&M) store in Peru, at the Jockey Plaza mall in Lima, May 9, 2015. Swedish fashion giant H&M, A shopper carries shopping bag as he exit the newly opened Hennes & Mauritz (H&M) store in Peru, at the Jockey Plaza mall in Lima, May 9, 2015. Swedish fashion giant H&M,](https://c8.alamy.com/comp/2CYBB2C/a-shopper-carries-shopping-bag-as-he-exit-the-newly-opened-hennes-mauritz-hm-store-in-peru-at-the-jockey-plaza-mall-in-lima-may-9-2015-swedish-fashion-giant-hm-one-of-the-worlds-biggest-clothing-retailer-opened-its-first-peruvian-store-in-lima-on-saturday-reutersmariana-bazo-2CYBB2C.jpg)
A shopper carries shopping bag as he exit the newly opened Hennes & Mauritz (H&M) store in Peru, at the Jockey Plaza mall in Lima, May 9, 2015. Swedish fashion giant H&M,
![H&M Home store, Hennes och Mauritz, in Stockholm, Sweden, during Saturday evening Stock Photo - Alamy H&M Home store, Hennes och Mauritz, in Stockholm, Sweden, during Saturday evening Stock Photo - Alamy](https://c8.alamy.com/comp/2H3EAB6/hm-home-store-hennes-och-mauritz-in-stockholm-sweden-during-saturday-evening-2H3EAB6.jpg)