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H & M Hennes & Mauritz AB is a multinational fashion retailer headquartered in Sweden. Known for its fast fashion business model, H&M offers affordable clothing, accessories, and homeware. The company has a significant global presence, operating thousands of stores across 75 geographical markets and employing over 100,000 people worldwide.
The brand is described as "creating contemporary minimalist collections for mid-range prices" [ 2] for women and men. COS is an abbreviation of “Collection of Style.”. The brand advertises a design ethos of pieces made to last beyond the season with a focus on craftsmanship, and of using sustainably sourced materials for its products. [ 3]
B&H conducts business primarily through online e-commerce consumer sales and business to business sales, as they only have one retail location. While initially a photo and film shop, B&H has grown into one of the largest electronic retailers in the U.S., selling over 400,000 products. [2] Their warehouse is located in Florence, New Jersey. [1]
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October 1, 2020 at 9:11 AM. STOCKHOLM (Reuters) - H&M plans to close hundreds of stores next year as the coronavirus crisis drives more shoppers online, the world's second biggest fashion retailer ...
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