H&M has opened most of the stores in Russia to sell the remaining goods

H&M has opened most of the stores in Russia to sell the remaining goods

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Sweden’s H&M opened 118 of its roughly 120 stores to sell stock in Russia ahead of its exit. informs TASS with reference to the press service of the company.

“At the moment, 118 stores are open, this is the majority of the existing stores in Russia,” the retailer’s press service said. Of these, H&M opened 98 points, among subsidiaries Monki opened 11 points, Cos – 4, Other Stories – 3, Weekday – 2.

H&M has suspended work in Russia after the start of a Russian special operation in Ukraine. July 18 company announced about the final withdrawal from the country. July 28 Kommersant found outthat H&M is looking for buyers for its business in Russia. This information was also confirmed by the Ministry of Industry and Trade.

August 2, company stores started his work in the shopping centers “Aviapark” and “Metropolis”. The cost of clothes remained within the limits of the previous prices. The spring and summer collections have become available to customers. Despite the company’s concerns about hype, the store did not see a large number of visitors.

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