H&M
Swedish multinational clothing retail company / From Wikipedia, the free encyclopedia
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This article is about the fashion chain. For other uses, see H&M (disambiguation).
H & M Hennes & Mauritz AB, also known as H&M Group, is a multinational clothing company based in Sweden that focuses on fast-fashion clothing. As of 23 June 2022, H&M Group operated in 75 geographical markets with 4,801 stores under the various company brands, with 107,375[lower-alpha 2] full-time equivalent positions.[11]
This article contains content that is written like an advertisement. (April 2021) |
Quick Facts Trade name, Company type ...
H&M Group | |
Company type | Public (Aktiebolag) |
Nasdaq Stockholm: HM B | |
ISIN | SE0000106270[1] |
Industry | Retail |
Founded | 1947; 77 years ago (1947) (as Hennes) Västerås, Sweden |
Founder | Erling Persson |
Headquarters | , Sweden |
Number of locations | 4,801 stores (2021) |
Area served | Worldwide |
Key people | Karl-Johan Persson (Chairman) Daniel Erver (CEO and president)[2] |
Products | Clothing, accessories |
Brands |
|
Revenue | US$24.8 billion (2019)[3][4] |
US$1.8 billion (2019)[5] | |
US$1.5 billion (2019)[3] | |
Total assets | US$19.3 billion (2019)[3] |
Total equity | US$6.919 billion (2016)[4] |
Owner | Stefan Persson (28%)[6] |
Number of employees | 107,375[lower-alpha 1] (2021) |
Website | hm.com (retail) hmgroup.com (corporate) |
Footnotes / references [7][8][9][10] |
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H&M is the second-largest international clothing retailer after Inditex.[12][unreliable source] H&M was founded by Erling Persson in 1947 under the name Hennes. The company's current CEO is Daniel Erver who replaced former CEO Helena Helmersson in January 2024.[13][14]