The Hollywood Reporter turning against H&M (which they first did towards the end of last year) is as incontrovertible a sign as we're ever likely to get that H&M are done in Hollywood.
The Hollywood Reporter is Hollywood/showbiz LA's village voice. And Hollywood is nothing if not conservative, meaning that they'll only kick you when they're absolutely sure that you're down, permanently down, never likely to get back up again.
Any hopes of regaining the kind of glittering career trajectory H&M had in January 2020 is therefore gone. Their A-list Hollywood career is dead. In fact, I'd even go so far as to stay that it's a stiff. Bereft of life, it rests in peace. It's kicked the bucket, it's shuffled off its mortal coil, run down the curtain and joined the bleedin' choir invisible.
It is an ex parrot ex career!