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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 ...
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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.
HSN, Inc. an initialism of its former name Home Shopping Network, is an American free-to-air television network owned by the Qurate Retail Group, which also owns catalog company Cornerstone Brands. It is based in the Gateway area of St. Petersburg, Florida , United States.
In 2005, he joined H&M in an operational role, working his way up to head of expansion and head of business development in 2007, before being appointed CEO in 2009 to succeed Rolf Eriksen. [ 9 ] [ 11 ] In 2020 he handed over the CEO role to Helena Helmersson and was elected Chair of the H&M board at the AGM in May 2020.
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]
COS is a fashion brand part of the H&M Group. [1] Parent company H&M owns retail brands including H&M, Other Stories, Monki, Arket. Positioning.