H&M releases new statement following Xinjiang controversy, says China is a 'very important market'


Source: businessinsider.in businessinsider.in

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People walk by a H&M store on Nanjing Road Pedestrian Street in Shanghai, China Wang Gang/VCG via Getty Images Fashion retailer H&M has released a fresh statement, calling China a "very important market." The company did not specify in the statement if it would start using Xinjiang cotton now. H&M was scrubbed clean last week from Chinese online shopping platforms as part of a mass boycott. Fashion retailer H&M has released a conciliatory statement in response to the Xinjiang cotton controversy, calling China a "very important market." In the new statement, the brand said that it has a "long-term commitment"...