H&M confirmed Monday that its third Colorado store will open at the Cherry Creek Shopping Center on Sept. 13, 13 months after plans for the store were announced, Dennis Huspeni at the DBJ reported yesterday.
It is the third Colorado location for the Swedish fashion retailer officially named Hennes & Mauritz AB founded in 1947. The brand is created with a broad and diverse range of fashion for men, women, youth and children. In addition to the clothes, cosmetics, accessories and home textile products are all part of what H&M offering. Even though H&M is rapidly growing in popularity around the world, big box retailer has seen controversies such as allegedly taking unsold clothing and other items in one New York City store and cut them up before being discarded to prevent resale or use. In August 2011, nearly 300 supply workers passed out from fumes, chemicals, poor ventilation and malnutrition at Cambodian factory. The minimum wage in Cambodia is the equivalent of just $66 a month, a level that human rights groups say is almost half that required to meet basic needs. With the Versace for H&M black men’s duffel bag starting at $429, we’d hope they do this right thing by taking care of their workers / suppliers. On 24 January 2012, H&M was reported to have stolen an artist’s work, using it on multiple items without compensating the artist. This has happened at other large fashion brands and frankly it just plain needs to stop. Whether you dislike the company or its practices, the fact remains that the company has forged ahead in Eco-consciousness by becoming the largest buyer of organic cotton in the fall of 2011, a business move that will continue to advance the retailer in the eyes of the consumer, ahead of the competition. Forever 21 is a comparable example which continually comes out with trendy colorful and affordable fashions, but its sustainability record just isn’t there. H & M is opening its CC store in an interior space between Neiman’s and Macy’s, not in the Saks space as everyone suspected. Our sources tell us that the Mall operator Taubman is considering tearing down the (Saks) building (it’s separate) and reconfiguring the space to become the new gateway to the Mall to match up the entrance with the recently opened, $18.5 million “ New North” (Cherry Creek North) renovation project, Fillmore Street Plaza. The plan would modify the existing 90,000 square feet of space. Instead of a large anchor tenant, it would include a redesigned entry with a lot of smaller glitzy shops and possible additional restaurants in addition to California Pizza Kitchen and Kona Grill. We can always use more, right? Remember the ill-fated Rattlesnake Grille, Roy’s and Blackhawk Steak House. This alignment would create a more intuitive and natural walking connection between Cherry Creek North and the Mall as Fillmore Street can be closed off throughout the year for numerous events including the Cherry Creek Arts Festival, Sidewalk Sale, Cherry Creek North Food & Wine, and other Cherry Creek North events. In our opinion, a good move by all.
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