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Clothing Giant H&M Is Making WHO-Approved Safety Masks

TheMotleyFool

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Clothing Giant H&M Is Making WHO-Approved Safety MasksPhoto, wide shot, wide-angle lens, Clinical research organization, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/c28f6640-54ba-4d2b-afbe-b5fd3b0ee19e.png

Swedish clothing giant Hennes & Mauritz (OTC: HMRZF) is has started producing safety masks to aid healthcare workers in the fight against the COVID-19 coronavirus, starting with 100,000 units shipped into the virus hotbeds of Spain and Italy.

In an interview with Swedish business daily Dagens Nyheter, executives updated investors on how the virus is affecting H&M's business around the world.

"The situation is serious, for us and for societies in general," said recently appointed CEO Helena Helmersson. "We see the consequences of what's happening when the business is halted. We are trying to act quickly based on the situation as we observe it."

Source Fool.com

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