H&M Group, one of the biggest sellers of clothing in the world, said on Wednesday that it was temporarily pausing all sales in Russia, joining a growing list of companies rethinking their ties to the country after its invasion of Ukraine.
“H&M Group is deeply concerned about the tragic developments in Ukraine and stand with all the people who are suffering,” the company said in a statement. It added that it “cares for all colleagues and joins all those around the world who are calling for peace.”
H&M, which is headquartered in Stockholm, said that it had already temporarily closed its Ukraine stores for the safety of shoppers and employees. The company did not immediately respond to a request about its store count in Russia or when it began selling products there.
The announcement came a day after Apple said it paused sales of its products in Russia. Oil companies, including BP, Exxon Mobil and Shell have announced they would exit the country, and two Hollywood studios — the Walt Disney Company and Warner Bros. — have said they would pause the release of films in Russia.
