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H&M to cut 1,500 jobs as retailers face slowing sales and rising costs | H&M

David Castro 2 years ago
H&M to cut 1,500 jobs as retailers face slowing sales and rising costs | H&M

The Swedish rapid-fashion chain H&M is to minimize 1,500 work opportunities across its world-wide operations as element of initiatives to preserve 2bn Swedish Kroner (£158m) a year, amid slowing profits and climbing expenses for clothing merchants. The group, which operates much more than 4,600 shops in 70 nations around the […]

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