![]() Choose from a wide range of H&M sweaters in various types like cardigan, longline, poncho & more at Myntra. Regardless of whether H&M wins back the public’s trust, recent events can serve as a lesson for all brands. Explore from the latest H&M sweater collection online for kids, women & men in India. H&M couldn’t even get rid of several t-shirts and jeans on clearance!īut the company is still trying to meet its full-year profit estimates, The Street reported.įormer fans of the retailer may be asking this question: Will H&M get that ‘ole thing back or will they be forever canceled? Its stock plummeted to the lowest number since 2005, according to Bloomberg. ![]() The retailer is paying heavily after its mistake: operating profit fell 62 percent to the lowest level in more than a decade. It’s clear that H&M has offended so many folks with its recklessness. However, several folks are not with it, and the retailer had to close its stores in South Africa. Officials pulled out all the standard damage control moves: apology, diversity officer hire and a campaign to get more Black folks to help fix the brand. Well, H&M’s racist ad is still a topic of conversation despite its actions to move past the flub from January.
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