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H&M coming to Budapest

Europe's largest clothing retail chain Hennes & Mauritz (H&M) is going to open its first store in Hungary in September, business daily Világgazdaság said. The 300 sqm shop is to be located in Váci Street. The second, 2,000 sqm store will be opened at Vörösmarty Square next year. The Swedish company has 1,121 shops worldwide.