H&M
| H&M | |
| Company type | Public |
| Nasdaq Stockholm: HM B OMX Stockholm 30 | |
| ISIN | SE0000106270 |
| Industry | Retail |
| Founded | 1947 (as Hennes) Västerås, Sweden |
| Founder | Erling Persson |
| Headquarters | , Sweden |
Number of locations | 4,338 stores (2024) |
Area served | Worldwide |
Key people | Karl-Johan Persson (chairman) Daniel Erver (CEO and president) |
| Products | Clothing Accessories |
| Brands |
|
| Revenue | US$24.8 billion (2019) |
| US$1.8 billion (2019) | |
| US$1.5 billion (2019) | |
| Total assets | US$19.3 billion (2019) |
| Total equity | US$6.919 billion (2016) |
| Owner | Stefan Persson (36%) |
Number of employees | 140,000 (2024) |
| Website | hm.com (retail) hmgroup.com (corporate) |
| Footnotes / references | |
H & M Hennes & Mauritz AB, commonly known by its brand name H&M, is a Swedish multinational clothing company headquartered in Stockholm. Built on a fast fashion business model, the retailer sells apparel, accessories, and homeware. The company operates thousands of stores across 75 geographical markets and employs over 171,000 people worldwide.
H&M is the second-largest international clothing retailer after Inditex. H&M was founded by Erling Persson in 1947 under the name Hennes. The CEO of H&M from 2020 to 2024 was Helena Helmersson. The current CEO, as of January 2024, is Daniel Ervér.