How H&M’s Exit From Russia and Rising Costs Hit Profit
How H&M’s Exit From Russia and Rising Costs Hit Profit
After decades of expansion, H&M is facing new challenges such as rising competition from rivals like China’s Shein and the impact of the Ukraine war. Illustration: Amogh Alva Vaz
4:22
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.