• Tue. Aug 9th, 2022

H&M exits Russia citing its invasion of Ukraine

H&M exits Russia citing its invasion of Ukraine

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Swedish fashion retailer H&M said on July 18, 2022, that it would permanently close its stores in Russia, after already suspending sales there in March following Moscow’s invasion of Ukraine. The company cited "current operational challenges and an unpredictable future" as the basis for the decision. H&M had about 6,000 employees in Russia and has operated in the country since 2009. Support us: https://subscribe.scmp.com Follow us on: Website: https://www.scmp.com Facebook: https://facebook.com/scmp Twitter: https://twitter.com/scmpnews Instagram: https://instagram.com/scmpnews Linkedin: https://www.linkedin.com/company/south-china-morning-post/ #scmp #Business #Ukrainewar

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