17 May 2021

Swedish fashion retailer H&M (HMb.ST) said [...] it was gradually beginning to place new orders again with its suppliers in Myanmar after a temporary pause following the military coup in the country in February.

"With our decision we want to avoid the imminent risk of our suppliers having to close their factories which would inevitably result in unemployment for tens of thousands of garment workers," it said in an emailed statement.

H&M said that after due diligence, it had concluded the company had no direct links with the military in Myanmar. "We are now looking for legal guidance on how to handle any potential indirect links international companies may have."

The world's second-biggest fashion retailer in March said it was shocked by the use of deadly force against protesters in Myanmar and that it had paused placing orders in the country.

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