H&M plans to wind down its business in the country, citing ‘operational challenges’ Multinational clothing and home decor company H&M has announced that it is leaving Russia amid mounting sanctions against the country. “Given current operational challenges and an unpredictable future, the company today announces that it has decided to initiate a process of winding down the business in the country,” said a statement published on the retailer’s website on Monday. As part of the winding-down process, the clothing giant will “temporarily reopen physical stores for a limited period of time to sell remaining inventory,”
Hence then, the article about clothing retail giant to leave russia was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Clothing retail giant to leave Russia )