H&M clothing chain store severely affected by epidemic

Swedish Aftonbladet reported on November 25 that due to the spread of the new coronavirus around the world, various countries have implemented restrictive measures. So far, more than 1/5 of the H&M clothing chain stores are still closed. The company said 1,100 stores are currently closed, a slight increase from the same time last week (more than 1,000). H&M pointed out that the current situation means that the numbers can change every day. The increasing spread of infections in Western Europe and the United States has led to strict restrictions in several countries, such as Germany, one of H&M’s most important markets, where daily deaths are setting new records. It is reported that when several countries were completely shut down this spring, about 4,000 of H&M’s 5,000 stores were closed.