H&M to wind down operations in Russia

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STOCKHOLM, July 18 — Swedish fashion retailer H&M said today it had decided to wind down operations in Russia having paused all sales there since March following Moscow’s...

STOCKHOLM, July 18 — Swedish fashion retailer H&M said today it had decided to wind down operations in Russia having paused all sales there since March following Moscow’s invasion of Ukraine.

“We are deeply saddened about the impact this will have on our colleagues and very grateful for all their hard work and dedication,” she added.

 

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