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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.
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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Carl Stefan Erling Persson (Swedish: [ˈstěːfan ˈpæ̌ːʂɔn]; born 4 October 1947 [1]) is a Swedish billionaire businessman. In March 2013, Forbes reported Persson's net worth as $28 billion [2] making him the richest of Sweden's 12 billionaires [2] and the 17th richest person in the world; [3] he has since dropped to number 50. [4]
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)
He is chairman of the fashion company Hennes & Mauritz (H&M), and was its CEO from 2009 to 2020. [ 3 ] [ 4 ] H&M was founded by his grandfather Erling Persson . [ 5 ] [ 6 ] As of December 2023, according to Forbes , his estimated net worth is US$1.9 billion.
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.