H&M closes its Shanghai flagship store due to lockdowns and customer discontent

hm closes its shanghai flagship store due to lockdowns and customer discontent

Sumary of H&M closes its Shanghai flagship store due to lockdowns and customer discontent:

  • As of early 2021, it had more than 500 stores in mainland China, but its website currently only lists 376, including the landmark store in Shanghai.
  • Hernandez Sebastian Hernandez Sebastian H&M has lowered the blinds of its flagship store in Shanghai (China), where demand has fallen due to closures due to outbreaks of Covid-19 and consumer discontent over the company’s position regarding cotton.
  • A passerby walks past the closed H&M flagship store in Shanghai – Photo: Reuters Although it was open earlier this month, the three-storey store in central Shanghai was boarded up on Friday, while H&M signs were removed .

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