The sales revenue of the Swedish clothing retailer H&M Group in Russia reached nearly 867.82 million U.S. dollars in 2021, up 29 percent from the previous year. The 2021 earnings were the highest over the observed period from 2009, when the group started operating in the country. In March 2022, the group stopped sales in Russia in response to the invasion of Ukraine. In July 2022, the H&M Group announced completely exiting Russia. The
Sales of the H&M Group in Russia from 2009 to 2021 (in million U.S. dollars)
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Other statistics that may interest you H&M Group
Key figures
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Sales figures
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- Basic Statistic Number of H&M Group stores as of 2023, by selected country
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- Premium Statistic Number of new stores of the H&M Group 2023, by region
Sustainability
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- Premium Statistic H&M's share of sustainably sourced materials 2012-2022
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- Premium Statistic H&M's share of renewables in electricity consumption 2011-2022
- Premium Statistic H&M's global GHG emissions 2013-2022
- Premium Statistic H&M's energy use 2011-2022
- Premium Statistic H&M's energy use by segment 2021-2022
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H&M. (March 28, 2022). Sales of the H&M Group in Russia from 2009 to 2021 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1321835/sales-of-the-hundm-group-russia/
H&M. "Sales of the H&M Group in Russia from 2009 to 2021 (in million U.S. dollars)." Chart. March 28, 2022. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1321835/sales-of-the-hundm-group-russia/
H&M. (2022). Sales of the H&M Group in Russia from 2009 to 2021 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1321835/sales-of-the-hundm-group-russia/
H&M. "Sales of The H&m Group in Russia from 2009 to 2021 (in Million U.S. Dollars)." Statista, Statista Inc., 28 Mar 2022, https://www.statista.com/statistics/1321835/sales-of-the-hundm-group-russia/
H&M, Sales of the H&M Group in Russia from 2009 to 2021 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1321835/sales-of-the-hundm-group-russia/ (last visited June 01, 2024)
Sales of the H&M Group in Russia from 2009 to 2021 (in million U.S. dollars) [Graph], H&M, March 28, 2022. [Online]. Available: https://www.statista.com/statistics/1321835/sales-of-the-hundm-group-russia/