---
title: "H&M's first store in mainland China is set to reopen? Investing 128 million yuan to lease nearly 6,000 square meters of retail space in a prime location in Shanghai"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/223754877.md"
description: "H&M's first store in mainland China is located at 651 Huaihai Middle Road, Shanghai, and was closed in June 2022. After two and a half years, H&M's operator, H&M Hennes & Mauritz, will lease the Jialidu Commercial Building under YIMIN GROUP for a term of 5 years, with an annual rent of 25.5 million yuan, planning to reopen. This commercial building is the original address of H&M's first store in China"
datetime: "2025-01-02T04:26:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/223754877.md)
  - [en](https://longbridge.com/en/news/223754877.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/223754877.md)
generator: "portal-rs"
---

# H&M's first store in mainland China is set to reopen? Investing 128 million yuan to lease nearly 6,000 square meters of retail space in a prime location in Shanghai

In June 2022, the globally renowned chain clothing retailer H&M quietly closed its store located at 651 Huaihai Middle Road in Shanghai. This store was H&M's first outlet in the mainland Chinese market and had been in operation for 15 years. Journalists noted that after a gap of two and a half years, this store seems to be reopening. Recently, the A-share listed company YIMIN GROUP disclosed that Haines Morris will lease the Jialidu Commercial Building located at 645-659 Huaihai Middle Road in Shanghai, with a lease term of 5 years and an annual rent of 25.5 million yuan. Haines Morris is the operator of the H&M brand in China, and the Jialidu Commercial Building is the original address of the brand's first store in mainland China. (Securities Times)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**