H & M closed China's first store for 15 years

China Well -off News on the 28th, the H & M shop at No. 651 Huaihai Middle Road, Shanghai Traditional Commercial Street has quietly withdrawn the store recently.The store is the first store opened by the H & M brand in the Mainland of China, with a total opening time for 15 years.

In response, H & M customer service responded that the stores on Huaihai Middle Road really closed the store last week, and consumers can go to other stores nearby.At present, the company is preparing to operate normally in other places and is still in the process of relocation.

Since the second half of last year, H & M has been closing in domestic densely.H & M's financial report shows that as of the end of last year, H & M had closed 60 stores in China, accounting for 12%of the total number of stores.

(China Xiaokang.com Comprehensive Daily Economic News, etc.)

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