🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

H&M starts protective face mask production at Chinese supplier

Published 03/27/2020, 11:39 AM
Updated 03/27/2020, 11:40 AM
© Reuters. The H&M clothing store is seen in Times Square in Manhattan in New York

STOCKHOLM (Reuters) - Sweden's H&M, the world's second-biggest fashion retailer, said on Friday it had started production of protective face masks for hospital staff and would ship the first batches to Spain and Italy.

"At this first stage, 100,000 face masks will be produced and ready for delivery on April 2. Half will go to Italy and half to Spain. It is a factory in China that makes the masks," a H&M spokeswoman said in an email.

H&M said last week it was looking into using its supply network to source personal protective equipment for hospitals to help curb the spread of the coronavirus.

© Reuters. The H&M clothing store is seen in Times Square in Manhattan in New York

The masks are of the N95/FFP2 standard that protects from the droplets through which the virus spreads.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.