Get unlimited access to our best features
Subscribe now

H&M Closes Shanghai Flagship Store

Summary
H&M shut down its flagship store in Shanghai, the latest sign of the impact of Beijing’s strict zero-COVID policy on the business of international fast-fashion retailers. After two months of lockdown, the epicenter of Shanghai finally reopened; however, traffic in the city’s shopping centers remained low.
1 month ago·Beijing, China

News Articles

More Filters
All
Left
Center
Right
The Epoch Times

H&M Closes Shanghai Flagship Store

H&M shut down its flagship store in Shanghai, the latest sign of the impact of Beijing’s strict zero-COVID policy on the business of international fast-fashion retailers. After two months of lockdown, the epicenter of Shanghai finally reopened; however, traffic in the city’s shopping centers remained low. The store was opened earlier this month, but now, this three-story store in downtown Shanghai is boarded up, and its H&M sign is gone, accordi…

1 month ago·New York, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

100% of the sources lean Right
The Epoch Times
R 100%
See less detail