Coronavirus: H&M gives landlords ultimatum over store leases
// H&M has told landlords it will abandon store leases if turnover does not return to normal levels beyond the pandemic
// The group wrote to landlords to agree to terms that could see it break a store lease with 1 month’s noticeH&M has issued its landlords an ultimatum that it will abandon store leases if it does not see its turnover return to pre-coronavirus levels once the pandemic ends.
The fashion retail group wrote to landlords to ask them to agree to terms that could see it
Read more »