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First Hungarian H&M store opens today

Swedish clothing chain Hennes & Mauritz (H&M) is opening its first store in Hungary today, business daily Világgazdaság reported. The first unit of Europe?s largest low-cost clothing chain is located in Váci utca, replacing the Clara-Liska store that closed back in May. H&M, which operates 1,121 stores worldwide, will open a second, 2,000 sqm unit next year in an office-retail complex currently under construction in Vörösmarty tér.