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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.
Karl-Johan Persson (grandson) Charlotte Söderström (granddaughter) Tom Persson (grandson) 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. [ 2]
Retrieved from "https://en.wikipedia.org/w/index.php?title=H%26M_Hennes_%26_Mauritz&oldid=310701049"
H&M (Hennes & Mauritz), possibly the most well-known Scandinavian fashion brand, [8] is a Swedish based clothing line which began in 1947 in Västerås, Sweden, that has expanded worldwide. Starting out with only women's clothing, the company now sells men's, women's, and children's apparel, as well as home design products.
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]
Stefan Persson (magnate) 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 ...
The trending casual office attire store has struggled to compete with such stores as Zara and H&M, and retail analyst Neil Saunders said Express has seen demand for its products nosedive as more ...
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.
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