With the improvement of my country's living standards and the development of the domestic market, more and more foreign companies have begun to enter the domestic market, and if these foreign companies are honest and honest, we also welcome them. But if they are provocative behin

With the improvement of our country's living standards and the development of the domestic market, more and more foreign companies are beginning to enter the domestic market, and if these foreign companies are honest and honest, we also welcome them. But if they are provocative behind the scenes, then we cannot allow them to be tyrannical while making money from the Chinese in the domestic market.

In addition, it is not easy for us Chinese to make money. If these foreign companies insist on provocation, then we will destroy your jobs and make you lose the domestic market.

On June 28, Swiss clothing giant HM also officially closed its doors. It is worth noting that the store that closed this time was HM’s first store, which is HM’s flagship store located on Huaihai Middle Road, Shanghai. . The reason for the closure this time is the plummeting sales volume. What is more noteworthy is that this is the 60th store that H&M has lost in the Chinese market.

It is understood that this store has existed for nearly 15 years, but now it has suddenly closed. There is no doubt that HM has basically finished playing in the Chinese market. The closure of many stores also means that H&M has basically said goodbye to the domestic market.

still remember that in 2020, HM started to go crazy for a while and launched a boycott against my country's Xinjiang cotton . Not only that, they even announced a ban on the import of Xinjiang cotton on their official website. HM's boycott and the instigation of others have also involved many foreign companies, and they have also launched a boycott of Xinjiang cotton.

In this boycott, HM was the most active. In this regard, we naturally cannot tolerate the behavior of HM. Since HM boycotts us, we will also boycott HM. Although HM was named by the official media, they tried to deal with it, but the final result disappointed them.

Finally, it lived up to expectations. In the following period, major e-commerce platforms successively removed HM products from the shelves, and offline stores gradually began to close.

Not only that, but also Nike!

Nike, which was once popular, has now become a street rat. According to financial report data for the fourth quarter of 2022, Nike’s performance in the domestic market has declined for three consecutive quarters, and the Chinese market, as Nike’s most profitable tool, is now also suffered a continuous decline. This also means that most Chinese people have begun to refuse to buy Nike products.

In addition, Nike's stock price also plummeted after losing the domestic market. According to the latest data, Nike's market value has evaporated by nearly 12 billion US dollars, and its stock price has plummeted by nearly 7%.

Nike has fallen to this point, and it is inseparable from its participation in the boycott of Xinjiang cotton. In addition, Nike's attitude towards the Xinjiang cotton incident is even more exaggerated. Not only does it refuse to use Xinjiang cotton, it even requires its partners not to use it. What's even more egregious is that Nike also prohibits Qingdao factory from recruiting employees from the Xinjiang region.

In addition, Nike once played a double standard with us. Not only did they cut corners on air cushions, they even sold them at high prices. What’s even more surprising is that there are still people buying them. They treat you as a fool, but you happily buy them. Products, after all, vanity is at play.

HM has fallen, will Nike be next? Although Nike has accumulated strength in the Chinese market for many years, if Nike refuses to change despite repeated admonitions, one day Nike will pack up and leave.