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Retail News - What’s happening at Hema?

What’s happening at Hema?

It was the discount retailer-most-likely-to if the hype from 2014 was to be believed. But with a second round of losses and the departure of its finance chief, is Hema set to burn out before it’s even begun? Walk down a major thoroughfare in a Dutch or Belgian city, and Hema will likely be at the centre of it. Founded in 1926 and owned by Lion Capital since 2007 (Jimmy Choo, AllSaints and wagamama are stablemates), Hema now operates more than 660 outlets across Europe, including three in London.

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