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H&M
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H&M: A Global Fashion Giant Hennes & Mauritz AB, or H&M, is a Swedish multinational fashion retailer with its headquarters in Stockholm. Established in 1947 by Erling Persson under the name Hennes, the company has evolved into a global powerhouse in the fast fashion industry. Its busines...
Image Source : Wikipedia
- Company type Public
- Industry Retail
- Founded 1947
- Founders Erling Persson
- Headquarters Stockholm, Sweden
- Area served Worldwide
- Key people Karl-Johan Persson (chairman), Daniel Erver (CEO and president)
- Services Clothing, Accessories
- Revenue US$24.8 billion (2019)
- Net income US$1.5 billion (2019)
- Number of employees 107,375 (2021)
- Website www.hm.com (retail), hmgroup.com (corporate)
H&M history
Last Updated : 09/04/25, 12:42 PM
H&M: A Global Fashion Retail Giant Founded in 1947 by Erling Persson in Sweden, H&M initially focused solely on women's apparel. Expansion began with a Norwegian store in 1964, followed by the acquisition of Mauritz Widforss, leading to the inclusion of menswear and the adoption of the Henne...
H&M NEWS
H&M to cut costs as profits hit by inflation, cautious shoppers
September 29, 2022 2:45 pm
Pretax profit in the June-August period, the Swedish group's fiscal third quarter, fell to 689 million crowns ($60.9 million) from 6.09 billion a year-earlier. Five analysts polled by Refinitiv had on average forecast a 2.98 billion crown profit.
International brands sign new accord to protect garment workers in Bangladesh
August 27, 2021 4:40 pm
Bangladesh garment industry has become the foundation of the economy for the country of 166 million people.
H&M tests renting clothes to boost environmental credentials
December 07, 2019 1:57 pm
The fashion retailer's move comes as the industry draws flak for greenhouse gas emissions. Is it concern for the environment, or is it the fear of missing out that's driving H&M toward secondhand fashion?
H&M collaborates with South African marketing team to avoid racial blunders
March 08, 2018 9:35 pm
After having received a lot of flak for having posted the image of a black child dressed in a green hoodie captioned, "Coolest monkey in the jungle", H&M has collaborated with a South African marketing firm in order to avoid more such blunders.
H&M and Kenzo collaborate for a new, fun line
May 26, 2016 5:56 pm
H&M x Kenzo — a new collaboration of both the brands — will be putting their new fashionable clothing line on display in H&M stores this year.
Indian high street gets a fillip with Gap, H&M and Uniqlo coming soon
May 06, 2015 12:42 pm
In the wings are Swedish behemoth H&M, and Uniqlo, Japan's answer to a large-format fashion store. Also in queue are Massimo Dutti, Abercrombie & Fitch and Topshop, smaller stores but with great fashion influence.
'India top sourcing destination for apparel chains'
November 17, 2013 2:20 am
He also said that huge opportunities are there for Indian textile players in Australia.
LeT,IM active in Delhi,7 other states
April 08, 2014 4:45 pm
R P N Singh said 66 terrorist and insurgent groups are active in different parts of the country.
H&M set to revamp image by going green,will buy fashion discards
June 22, 2013 4:32 am
In a series of rulings this year,the US Supreme Court has steered a consistent course against consumers or small businesses that want to bring class action lawsuits against corporate defendants. Comcast,Whirlpool and Sears Holdings Sears Roebuck & Co are among the companies that have benefited from the courts rulings in recent months.
Beyonce new face of fashion brand H&M
March 22, 2013 10:30 am
R&B star Beyonce has been unveiled as the new face of the Swedish fashion brand H&M.
