These Huge Brands Are Quietly Fading Out Of Existence - Page 26 of 67

H&M

Another store headed for the fashion graveyard is H&M, and their sales were declining even before the pandemic began. Like its younger cousin Forever 21, excess inventory and slow sales have been clogging up the pipes for some time now.

Surprisingly high prices, slow traffic in malls, and an increasing number of consumers turning to online shopping have forced many H&M stores to close already, and things aren’t looking good for the remaining ones.