Coronavirus: H&M to close 250 stores worldwide

Coronavirus: H&M to close 250 stores worldwide

Image copyright Getty Images Image caption An H&M store in Moscow

The world’s second biggest fashion retailer, Sweden’s H&M, says it plans to cut 250 of its stores globally.

The closures will come next year after the firm said the Covid-19 pandemic had moved more shoppers online.

Although it said sales had continued to recover in September, they were still 5% lower than the same month in…

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