H&M store closures: List includes several regions as fast fashion giant trims footprint by 128 locations

H&M, a major player in the fast-fashion industry, is cutting its global footprint by closing 128 stores, including several regions. This move follows a year of numerous closures and reflects broader shifts in consumer shopping habits and the impact of the pandemic. The closures signify a strategic pivot as the company adjusts to changing retail dynamics, emphasizing online sales and sustainability efforts. This shift could set a precedent for other fast-fashion brands as they navigate evolving consumer demands.