Disclosure
H&M statement
Please find below our reply.
We at H&M Group are deeply concerned about the tragic developments in Ukraine/Russia and our thoughts are with the millions of people affected. From H&M Group, donations have been made to date of 1,5 million Euros, the H&M Foundation has donated 200 000 USD and the Erling Persson Foundation has made a donation of 150 million SEK to contribute towards urgent needs. We have paused our operations in Russia and Belarus, as well as in the Ukraine. The safety and well-being of our colleagues are of course a top priority, and we have taken several initiatives to ensure that their urgent needs are being met.