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H & M Hennes & Mauritz AB, commonly known by its brand name H&M, is a Swedish multinational 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 ...
Erling Persson (21 January 1917 – 28 October 2002) was the founder of H&M (Hennes & Mauritz). [1] [2] He got the idea following a post-World War II trip to the United States: he was impressed by the country's efficient, high-volume stores.
Parent company H&M owns retail brands including H&M, Other Stories, Monki, Arket. ... In some countries the brand sells via franchise partners, including Alshaya Group.
Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M. [7] As of early 2023, Gap employs about 95,000 people. [8] The Fisher family remains deeply involved in the company, collectively owning much of its stock. [9]
Persson was the chairman of fashion company H&M until May 2020, when he was succeeded by his son. [5] He remains the company's largest shareholder, owning a 36% stake. [6] The company was founded by his father Erling Persson in 1947. [7] Persson took over H&M from his father in 1982 and served as its manager until 1998.
H&M is a Swedish multinational retail-clothing company. H&M may also refer to: Harold and Maude, a film; Hartley & Marks Publishers, a Canadian publishing firm; Howard and Moore Complete Checklist of the Birds of the World, an ornithological checklist; Hudson & Manhattan Railroad, now operated as PATH (rail system)
C&A is a multinational chain of retail clothing stores that originated in the Netherlands.It now has European head offices in Vilvoorde, Belgium, and Düsseldorf, Germany.. The company operates approximately 1,300 stores in Europe and approximately 300 stores in Brazil, as well as websites for online shoppi
During her tenure H&M faced financial challenges due to the Covid pandemic [7] and losses from disinvesting in Russia as a result of the Russo-Ukrainian war as well as global supply chain difficulties and costs. [8] On 31 January 2024, it was announced that Helmersson would be replaced as CEO of H&M by Daniel Ervér. [9] [10]