H & M Temporarily Closed In Russia

[tiggerblue10]

https://www.bbc.co.uk/news/business-60593988

Maybe other global retailers should follow suit.

[Atheist]

What's H & M?

[rockyracoon]

Clothing store

[ladybirder]

Thought it was Harry & Meghan!

[237SJ]

Says Russian only accounts for 4% of their business though so not sure it will make much difference.

[237SJ]

*Russia*

[Unsureme]

The answer is in the Link,Atheist,if you read it.

[tiggerblue10]

If I typed in H&M in the title it would show a lower case M: H&m

That's why I said that maybe others should follow suit, 237SJ. I retailer isn't going to touch the sides.

[tiggerblue10]

*1 (not I)

[Atheist]

Unsure; thank you. I see it's a retailer and I think it is a fashion retailer.

[Atheist]

I'm not sure that many retailers would stop selling in a certain market. They are bound to make profits for their shareholders and also bound to outdo their competitors. Morals is not really their raison d'etre.

[tomus42]

I didn't know it was a Swedish company, but it makes sense given Putin's threat towards Sweden.

[jno]

World Taekwondo has revoked Putin's honorary black belt. It would be nice if this meant his trousers fell down, but I don't suppose.

[jno]

oh, and "Ukraine authorities say seized Russian tanks don’t need to be declared on tax form"

Obviously there are all sort of economic weapons to utilise against the invaders. A pity HMRC isn't as understanding.

https://www.theguardian.com/world/2022/mar/03/ukraine-authorities-say-seized-russian-tanks-dont-need-to-be-declared-on-tax-form

[tiggerblue10]

Looks like more firms have ceased trading in Russia.

https://www.bbc.co.uk/news/uk-60631835

[dannyk13]

Ikea have closed their shops in Moscow.

[naomi24]

Unemployment will be rising then. Discontent at home won’t endear the natives to their leader.