Location of affected unit(s)
Milano, Udine, Bari, Grossetto, Gorizia, Vicenza, Bassano
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.71 - Retail sale of clothing in specialised stores

195 jobs
Number of planned job losses
Job loss
Announcement Date
25 April 2020
Employment effect (start)
18 June 2020
Foreseen end date


H&M, the Swedish fashion retailer, is planning to close down eight stores in Italy in 2020 with the dismissal of 195 employees.

Two stores in Milano, one in Udine and one in Bari will be closed in June (with dismissals starting from 18 June). Between August and November 2020, H&M will close down the stores in Grosseto, Gorizia, Vicenza, and Bassano.

According to the company, the decision is connected with the effects of the COVID-19 pandemics. Apparently, the company registered a drop in sales amounting to minus 46 percent in March 2020. The choice to close the 8 stores was considered essential to save the other 172 H&M stores in the country.

Still, the trade union voiced their opposition to the company's decision and the fact that the announcement was not communicated to the trade unions at the latest recent meeting.



Eurofound (2020), H&M, Closure in Italy, factsheet number 100583, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100583.