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The Swedish clothing, footwear and accessories brand H&M is leaving Russia completely, the information appeared on the official website of H&M Group.

The company announced a sale of the remaining goods. "After careful consideration, we see it as impossible given the current situation to continue our business in Russia," said chief executive Helena Helmersson.

"We are deeply saddened about the impact this will have on our colleagues and very grateful for all their hard work and dedication. Furthermore, we wish to thank our customers for their support throughout the years,” she said.

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