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    HM B   SE0000106270

HENNES & MAURITZ AB

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'Xinjiang cotton is my love': Patriots on show at China Fashion Week

04/01/2021 | 12:57am EDT

BEIJING, April 1 (Reuters) - Designer Zhou Li took to the stage amid applause following her runway show at China Fashion Week with a prop that has political overtones: a bouquet of cotton plants.

"As far as I'm concerned, I think Xinjiang cotton is my sweetheart, my love, which is to say I'm very grateful it has brought me such happiness," Zhou, 56, told Reuters after her show on Tuesday in Beijing.

Zhou, chief designer and founder of Chinese fashion brand Sun-Bird, is a patriotic supporter of a boycott targeting several major western apparel brands in China that have expressed concern over alleged rights abuses in Xinjiang province.

She said her garments on show on Tuesday, which featured slick minimalist designs with ruffles and ancient Chinese characters, used Xinjiang cotton exclusively.

"For our Chinese designs, I'm certainly right to support the Xinjiang people," she said.

H&M, Burberry, Adidas and Nike are among those hit by consumer boycotts in China after their comments on alleged human rights abuses in Xinjiang resurfaced on Chinese social media last week.

The backlash has put the brands in an awkward position given the importance of the market in China, where news and social media are tightly controlled by the Communist Party-controlled government and patriotic campaigns targeting foreign brands are common.

"First of all, as everyone knows, these are false statements (from the brands)", 19-year old fashion model Zhao Yinuo said outside the event. "But of course I can't comment too much on this because it involves political issues."

"I have a sense of national pride," she said.

The European Union, the United States, Britain and Canada last week imposed sanctions on Chinese officials, accusing them of human rights abuses in Xinjiang. China retaliated with sanctions of its own on lawmakers and academics.

Xinjiang produces around 20% of the world's cotton.

Some researchers and lawmakers say Xinjiang authorities use coercive labour programmes to meet seasonal cotton picking needs. China strongly denies the claims, and says all labour in Xinjiang is consensual and contract-based.

"I can't believe our Chinese Communist Party would ever do such a thing," said a 19-year old student surnamed Li at the fashion event. "Our nation is very united." (Reporting by Cate Cadell and Nanlin Fang; Editing by Raju Gopalakrishnan)


ę Reuters 2021
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ChangeLast1st jan.
HENNES & MAURITZ AB -0.96% 177.6 Delayed Quote.3.26%
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Sales 2021 200 B 23 109 M 23 109 M
Net income 2021 9 842 M 1 138 M 1 138 M
Net Debt 2021 29 754 M 3 441 M 3 441 M
P/E ratio 2021 29,5x
Yield 2021 3,47%
Capitalization 294 B 33 929 M 33 991 M
EV / Sales 2021 1,62x
EV / Sales 2022 1,41x
Nbr of Employees 153 000
Free-Float 31,8%
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