All H&M stores closed in Russia
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Swedish retailer H&M, which has been operating in Russia since 2009, has confirmed the closure of all Russian stores. Previously, the company’s outlets in Russia temporarily opened for the sale of the remaining goods.
“We confirm that all H&M Group stores in Russia are closed,” the retailer’s press service told RIA Novosti.
November 25 at H&M reported on the closure of 114 out of 146 stores in Russia. In early March, the company suspended sales in the Russian Federation, and later announced plans to stop business in the country “due to restrictions hindering operations and the unpredictability of the future.”
About the departure of H&M from Russia – in the material “Kommersant” “H&M leaves like an actor”.
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