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H&M’s 30 Store Closures in Spain Seen Cutting 1,100 Jobs

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

H&M Group is planning to close 30 Spanish stores in a move that would eliminate roughly 1,100 jobs. The Swedish retail giant’s decision to shutter 27 H&M-branded stores and 3 Cos locations in Spain is part of a global restructuring that will slightly offset 350 planned closures worldwide with 100 new brick-and-mortar outposts through 2022….

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