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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.
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 the second-largest international clothing retailer after Inditex. [12] [13] H&M was founded by Erling Persson in 1947 under the name Hennes. CEO from 2020 to 2024 was Helena Helmersson. Current CEO is Daniel Erver as of January 2024. [14] [15] [16]
Karl-Johan Erling Göran Persson (born 25 March 1975) is a Swedish billionaire businessman. 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. [7]
Charlotte Söderström runs Stud Arch together with her mother Pamela Persson and works part-time with sponsorship within H&M. She is the owner of the horses H&M Indiana and H&M All In, which together with riders Malin Baryard-Johansson and Peder Fredricsson won Olympic gold in team jumping in Tokyo 2021.
Tom Stefan Persson (born 15 May 1985) is a Swedish billionaire businessman, who works in the film industry. He is an heir of the fashion company Hennes & Mauritz (H&M), which was founded by his grandfather Erling Persson in 1947. [1] On the Forbes 2019 list of the world's billionaires, he was ranked #1300 with a net worth of US$1.9 billion. [1]
Technically, it is the world's longest-running retailer. In 1946, Erling Persson, a Swedish entrepreneur, traveled to New York City, where he was greatly intrigued and impressed by the high-volume fashion production he witnessed. The following year, Persson established a womenswear store called Hennes & Mauritz (or H&M) in Västerås, Sweden ...
Gunnar Widforss was born in Stockholm, Sweden.He was the son of Mauritz Widforss and Blenda Carolina Weydenhayn, who were the parents of thirteen children. Mauritz Widforss (1836-1905) owned a hunting apparel retailer bearing his name, which in 1968 was acquired by Erling Persson to form Hennes & Mauritz (H&M).