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H&M's furloughed staff in Sweden can return to work in July

May 28, 2020 17:50 IST

In some positive news, Swedish fashion retailer H&M has announced that it will allow 2,500 furloughed staffers at its headquarters in Sweden to return to work by July. A spokesperson confirmed to Reuters that the fast-fashion giant will not seek to extend the furlough period for its staff for the July-October period. The brand reported a 57 per cent drop in sales in the first quarter of 2020, earlier this month. While some of its stores including the ones in India have started to open, many still remain shut due to the pandemic. 

Fashion