But how they responded and rebuilt will determine their future. The retailer committed one of the most infamous PR disasters in fashion history. Regardless of whether H&M wins back the public’s trust, recent events can serve as a lesson for all brands. The Real Story Behind H&M’s Racist Monkey Sweatshirt. H&M couldn’t even get rid of several t-shirts and jeans on clearance!īut the company is still trying to meet its full-year profit estimates, The Street reported.įormer fans of the retailer may be asking this question: Will H&M get that ‘ole thing back or will they be forever canceled? Its stock plummeted to the lowest number since 2005, according to Bloomberg. The retailer is paying heavily after its mistake: operating profit fell 62 percent to the lowest level in more than a decade. Even if H&M is trying to make progress, they are failing to meet their goal of paying a living wage to all of their employees. H&M is still using sweatshop-like work environments to make its products. It’s clear that H&M has offended so many folks with its recklessness. H&M is a Swedish multinational retail company known for its fast-fashion clothing for men, women, teenagers, and children.
However, several folks are not with it, and the retailer had to close its stores in South Africa. Officials pulled out all the standard damage control moves: apology, diversity officer hire and a campaign to get more Black folks to help fix the brand. H&M is an obvious example of this cultural practice: The retailer’s earnings have taken a huge hit just months after they released a recklessly racist ad featuring a Black child model in a. People from the factories are now rising up saying that t hey want better wages and better working conditions. The company has claimed that they want to improve the working conditions of the factories but have been slow to react to the multiple fatal disasters.Well, H&M’s racist ad is still a topic of conversation despite its actions to move past the flub from January. Since 2006, over 700 people have died in poor factory working conditions not including the recent Rana Plaza disaster. Most workers work 14 hours a day including children. Most of the factory workers earn $38 per month. Not only did the fire claim over a thousand lives but it is one of the worst industrial mishaps in many years. It's a projection of your neocolonial thinking. Overall, six factories around Bangladesh were missing fire extinguishers, emergency exits and fire alarms and did not practice fire drills. So the black kid gets to wear the H&M sweater with 'Coolest monkey in the jungle' and the white kid with 'Survival expert'. This is not something new for H&M in 2010 over 50 factory workers were trapped in a burning building near Bangladesh.
This weekend, H&M stores were stormed by. These underpaid people who are working for H&M are working in unsafe conditions and as a result they suffered a major loss when the factory caught on fire. JOHANNESBURG - Clothing retailer H&M continues to face a massive backlash from the public following the racism scandal that it was hit with last week. Explore from the latest H&M sweater collection online for kids, women & men in India.
They have also been in the news for breaking child labor laws Children as young as 12 can work in these factories.ĭhaka Rana Plaza is a factory complex that collapsed in Bangladesh in 2013 killing over 1,100 people.
In the past three years, there have been thousands of deaths in H&M owned factories in Bangladesh and Cambodia due to harsh and unsafe factory working conditions. Clothing store company H&M has been under fire for their working conditions in factories around the world. Explore from the latest H&M sweater collection online for kids, women & men in India.