On August 18, according to the National Enterprise Credit Information Publicity System, H&M Company and the Beijing Fangshan Branch of Haynes Morris (Shanghai) Commercial Co., Ltd. were fined 31,704,600 yuan recently for the sale of shirts and other products. Unsatisfactory upon inspection.
Source: National Enterprise Credit Information Publicity System
Jingfang City Supervision and Punishment Zi [2021] No. 2318 fine order shows that after investigation, The party obtained authorization to sell H&M brand clothing in its place of registration.
From July 2019 to the time of seizure, a total of 46 pieces of H&M brand shirts were shipped from the Shanghai head office to the parties, with a cost of 23.42 yuan each, and 58 pieces of knitted cardigans. pieces, the cost per piece is 28.53 yuan. The above-mentioned products are for sale at room 108-L1052D on the first floor of Building 1, No. 9, Guangyang New Road, Fangshan District, Beijing, the party’s business premises.
The above-mentioned products were tested as unqualified products by the Beijing Product Quality Supervision and Inspection Institute, and the parties concerned did not file an application for compounding during the review period.
As of the time of seizure, the parties sold the above products: 43 pieces of H&M brand shirts, each priced at 129 yuan, the remaining 3 pieces were sealed in the business premises, 54 pieces of knitted cardigans, Each piece is priced at 79.9 yuan, and the remaining 4 pieces are sealed at the business premises. The value of the goods was 10,568.2 yuan, and the illegal income was 7,313.92 yuan.
The Beijing Fangshan District Market Supervision and Administration Bureau fined him 31,704.6 million yuan; confiscated 7,313.92 yuan of illegal income; confiscated 3 shirts and 4 knitted cardigans that failed to pass the inspection.
Source: National Enterprise Credit Information Disclosure System
The National Enterprise Credit Information Disclosure System also shows that H&M domestic head office Haynes The fine from Morris (Shanghai) Commercial Co., Ltd. is five pages long, with 24 pieces of fine information.
Haines Morris (Shanghai) Commercial Co., Ltd. was established on November 9, 2006, with a registered capital of 5 million euros. In March this year, H&M’s “touching porcelain” Xinjiang cotton was strongly boycotted by the entire network and lost the trust of Chinese consumers. In the second quarter of 2021, H&M’s sales in China fell by 28% year-on-year, with losses reaching US$74 million.
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