H&M confirms plans to shut 250 stores globally next year

// H&M to shut down 250 stores next year as their leases end
// The store closures form part of transformation plan to invest more in digital in the wake of the pandemic
// H&M said sales improved in September, although for the nine-month period ending August sales fellH&M has confirmed plans to shut around 250 of its stores globally next year after the Covid-19 pandemic moved more shoppers online.
The Swedish fashion giant said about a one quarter of its 5000-plus stores worldwide w