H&M
| H&M Group | |
| Company type | Public |
| Nasdaq Stockholm: HM B OMX Stockholm 30 | |
| ISIN | SE0000106270[1] |
| Industry | Retail |
| Founded | 1947 (as Hennes) Västerås, Sweden |
| Founder | Erling Persson |
| Headquarters | , Sweden |
Number of locations | 4,338 stores (2024)[2] |
Area served | Worldwide |
Key people | Karl-Johan Persson (chairman) Daniel Erver (CEO and president)[3] |
| Products | Clothing Accessories |
| Brands |
|
| Revenue | US$24.8 billion (2019)[4][5] |
| US$1.8 billion (2019)[6] | |
| US$1.5 billion (2019)[4] | |
| Total assets | US$19.3 billion (2019)[4] |
| Total equity | US$6.919 billion (2016)[5] |
| Owner | Stefan Persson (36%) |
Number of employees | 140,000[a] (2024) |
| Website | hm.com (retail) hmgroup.com (corporate) |
| Footnotes / references [7][8][9][10] | |
H & M Hennes & Mauritz AB, commonly known by its brand name H&M, is a Swedish multinational fast fashion retailer headquartered in Stockholm. Known for its fast fashion business model, H&M sells clothing, accessories, and homeware. The company has a significant global presence, operating thousands of stores across 75 geographical markets and employing over 100,000 people worldwide.[11]
H&M is the second-largest international clothing retailer after Inditex.[12][13] H&M was founded by Erling Persson in 1947 under the name Hennes. The CEO of H&M from 2020 to 2024 was Helena Helmersson. The current CEO, as of January 2024, is Daniel Ervér.[14][15][16]
- ^ "HM B, HENNES & MAURITZ B, (SE0000106270)". Nasdaqomxnordic.com. Retrieved 16 February 2022.
- ^ "Markets and expansion". H&M Group. Retrieved 23 September 2024.
- ^ "CEO of H&M Group". Hm.com. Archived from the original on 4 October 2020. Retrieved 31 January 2024.
- ^ a b c "H&M – Hennes & Mauritz". Forbes.
- ^ a b "Annual Report 2016" (PDF). Hennes & Mauritz. Archived from the original (PDF) on 27 January 2018. Retrieved 27 February 2018.
- ^ "Operating profit of the H&M Group worldwide from 2009 to 2019". Statista. Retrieved 2 April 2020.
- ^ "Reports and presentations". H&M Group. 1 February 2024. Retrieved 26 February 2024.
- ^ Værnéus, Anders (15 February 2023). "svenskt mode i över 70 år". Dagens PS (in Swedish). Retrieved 26 February 2024.
- ^ BarkText, Susanne (13 April 2017). "H&M:s historia inifrån". Dagens industri (in Swedish). Retrieved 26 February 2024.
- ^ "HM B, Hennes & Mauritz B, (SE0000106270)". Nasdaq. Retrieved 26 February 2024.
- ^ "H&M Group Annual and Sustainability Report 2021" (PDF). H&M Group. Retrieved 5 July 2022.
- ^ "Top Five Largest Fashion Retailers in the World". 15 December 2018.
- ^ "Sales of major apparel retailers worldwide 2022". Statista. Retrieved 2 June 2024.
- ^ "H&M Names Company Veteran Erver CEO as Helmersson Steps Down". Bloomberg.com. 31 January 2024. Retrieved 31 January 2024.
- ^ "H&M CEO quits as fashion group fails to keep up with rivals". foxbusiness.com. 31 January 2024. Retrieved 9 August 2024.
- ^ "Who is Helena Helmersson, the new CEO of H&M?". www.themds.com. 31 January 2020. Retrieved 14 March 2023.
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