STOCKHOLM - Swedish fashion giant H&M says it will not rush into pulling out of Myanmar and that the company is "acutely aware" of the threat of such a move to the country's garment workers.
Global risk consultants Verisk Maplecroft had warned that fashion brands and retailers may need to stop sourcing from Myanmar or face reputational and legal risks following the armed coup.
That led major brands, including H&M and also Primark, to confirm that they were closely monitoring the situation before deciding whether or not to pull out of the country.
