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H&M Closes All Stores In The United States And Germany
According to the news, H&M announced that it would temporarily close all its 460 stores in Germany and all 590 stores in the United States to contain the spread of the new crown virus. Germany and the United States are respectively the first and second largest markets of the company.
The company also said it would close all stores in Canada, Portugal and Belgium. In the past week, H&M has closed all stores in Italy, Poland, Czech, Bulgaria, Australia, Luxemburg, Bosnia and Herzegovina, Slovenia and Kazakhstan, and some Greek stores.
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