H&M (Hennes and Mauritz)
Also known as: H&M (Hennes and Mauritz)
LeaveRussia detail: Exit Completed
H&M (Hennes and Mauritz) is a Swedish company and Europe's largest clothing retailer.
Business in Russia
Swedish retailer H&M, which has been operating in Russia since 2009, confirmed the closure of all Russian stores.
Decision trail
Decision date 18/06/2024 · Reference ↗
Halt sales (170 locations). H&M is selling its business in Russia. The brand's stores were temporarily open to sell off leftovers. The main legal entity of the Swedish retailer H&M has started the process of liquidation of its Russian branch. Swedish clothing chain H&M has announced that it has no plans to return to Russia. The company left the country's market in 2022 amid a "special operation". 20.05.2025: The legal entity H&M LLC was liquidated.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — exited · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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