Swedish apparel brand H&M temporarily pauses sales in Russia

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Swedish apparel brand H&M Group has decided to temporarily pause all sales in Russia. The company has said that it is deeply concerned about the tragic developments in Ukraine and stands with all the people who are suffering. The stores in Ukraine have already been temporarily closed due to the safety of customers and colleagues.

The situation is continuously monitored and evaluated. Representatives of the company are in dialogue with all relevant stakeholders, H&M said in a media release.

“H&M Group cares for all colleagues and joins all those around the world who are calling for peace. Clothes and other necessities are donated by the company. H&M Foundation has also made donations to Save the Children and to UNHCR,” the release added.

Swedish apparel brand H&M Group has decided to temporarily pause all sales in Russia. The company has said that it is deeply concerned about the tragic developments in Ukraine and stand with all the people who are suffering. The stores in Ukraine have already been temporarily closed due to the safety of customers and colleagues, the company added.

Fibre2Fashion News Desk (KD)



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