MADRID: Hundreds of retail workers on Monday (Jun 26) walked off the job across Spain in a new round of strikes against the fashion giant H&M Group, extending a series of store closures in the middle of the summer sales season. More than 4,000 Spanish employees at the Swedish multinational's brands inc
MADRID: Hundreds of retail workers on Monday walked off the job across Spain in a new round of strikes against the fashion giant H&M Group, extending a series of store closures in the middle of the summer sales season.
Monday's walkout was the third day of strikes by H&M Group employees this month. Flagship stores in Madrid have closed, with hundreds of workers gathering in front of the city's largest H&M location to demand better conditions as online sales increasingly fracture the retail industry. Inflation is high in Europe and around the world following the global economy's rebound from the pandemic and Russia's war in Ukraine, forcing people to spend more on food, utility bills and other purchases. Consumer prices rose 7.1 per cent in the European Union in May from a year earlier, though Spain's inflation rate is one of the lowest in the 27-nation bloc, at 2.9 per cent.
In Spain, monthslong negotiations between the main UGT and CCOO unions and H&M Group broke down on Jun 19, leading to a series of strikes that began on June 20 and have now been extended into the first two Saturdays of July.A 24-hour strike on Thursday was observed by 80 per centof H&M Group's workforce in Spain, the unions said in a statement, leading to the closure of 100 stores.
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