H&M's 2,500 furloughed workers from its Stockholm headquarters are set to return to work in July

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• H&M said on Wednesday that it expects the 2,500 furloughed staff at its headquarters in Stockholm to be able to return to work by July.
• "As it currently stands, we will not seek to extend the furlough period for our staff at the headquarters in Sweden to the July-October period," an H&M spokeswoman said in a text message to Reuters.
• The fast-fashion retailer has come under intense pressure over the past few months as the coronavirus pandemic has kept the majority of its stores around the world closed.
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H&M, the world's second-biggest fashion retailer, said on Wednesday it expects the 2,500 furloughed staff at its headquarters in Stockholm to be able to return to work by July.

"As it currently stands, we will not seek to extend the furlough period for our staff at the headquarters in Sweden to the July-October period," an H&M spokeswoman said in a text message to Reuters. A spokesperson for H&M confirmed this in a statement to Business Insider.

See the rest of the story at Business Insider

See Also:

• Gucci announces plans to cut back to 2 fashion shows a year as the coronavirus pandemic ravages the luxury fashion industry
• One of the most influential people in fashion hinted that the coronavirus pandemic could end the era of inexpensive, disposable fashion popularized by Forever 21 and H&M
• Italy's devastated retail landscape: Here's how one of the worst-hit sectors has been impacted by the pandemic and what it will look like.

SEE ALSO: One of the most influential people in fashion hinted that the coronavirus pandemic could end the era of inexpensive, disposable fashion popularized by Forever 21 and H&M

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