It's a bit different because they're actually selling (parts of) that business unit – a holding is evaluated as single entity. Oh, and H&M frequently does smal

It's a bit different because they're actually selling (parts of) that business unit – a holding is evaluated as single entity. Oh, and H&M frequently does small shops in locations without such laws as well. They often have separate stores for men/women/children or along segments of style (i. e. stores with only formal menswear). It could be marketing, availability of retails space or an attempt to remain flexible. It's also not too hard to make such laws airtight, or to leave some details to the executive branch which can react much faster.