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Business

H&M decided to leave Belarus too

Alex Marshal
Last updated: 2022/09/17 at 8:11 PM
By Alex Marshal 6 months ago
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Stores of the Swedish retailer H&M will sell their leftovers in Belarus, after which the company will leave the country. This was reported on September 17 by the portal Onliner with reference to the press service.

“We will temporarily re-open our three stores to sell the remaining items and keep them open for a limited period of time,” the company said.

The publication notes that initially closed in March, H&M stores wanted to reopen in August, but this did not happen. The new date is September 19th.

Fontanka wrote that the largest shopping malls in St. Petersburg have not yet received notification from the Swedish retailer H&M about the complete closure in December.

In July, H&M announced that it had decided to wind down its business in Russia. Before closing, the company held a sale. She started at the beginning of August.

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Posted by Alex Marshal
Alex Marshal is a journalist with Asia Times Now, California.
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