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H&M CLOSES THREE STORES IN AUSTRALIA AS PANDEMIC TAKES TOLL

Sue MitchellSenior reporter
Feb 10, 2021 – 7.38am
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Fast fashion retailer H&M will close three stores in Australia this year but has
denied reports it plans to shut about 15 per cent of its network after a drop in
sales during the pandemic.

An H&M spokeswoman said the global retailer planned to close another two of its
49 Australian stores in March – H&M Townsville and H&M Rockhampton – after it
closed its Chatswood store in January. She denied that as many as seven stores
could close.

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