Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
H&M
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
{{Short description|Swedish multinational clothing retail company}} {{About|the fashion chain|other uses|H&M (disambiguation)}} {{promotional|date=April 2021}} {{Use dmy dates|date=August 2024}} {{Infobox company | name = H & M Hennes & Mauritz AB<!--full legal name of company--> | logo = H&M-Logo.svg | logo_upright = 0.75 | trade_name = H&M Group | type = [[Public company|Public]] | traded_as = {{nowrap|{{OMX|SSE992|HM B}}}}<br />[[OMX Stockholm 30]] | ISIN = {{ISIN|sl=n|pl=y|SE0000106270}}<ref>{{cite web|url=http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE992|title=HM B, HENNES & MAURITZ B, (SE0000106270)|website=Nasdaqomxnordic.com|access-date=16 February 2022}}</ref> | industry = [[Retail]] | genre = <!-- Only used with media and publishing companies --> | fate = | predecessor = | successor = | foundation = {{nowrap|{{start date and age|1947|df=yes}} (as ''Hennes'')}}<br />[[Västerås]], Sweden | founder = [[Erling Persson]] | defunct = <!-- {{End date|df=yes|YYYY|MM|D} --> | location_city = [[Stockholm]] | location_country = Sweden | locations = 4,338 stores (2024)<ref>{{Cite web |title=Markets and expansion |url=https://hmgroup.com/about-us/markets-and-expansion/ |access-date=2024-09-23 |website=H&M Group |language=en-US}}</ref> | area_served = Worldwide | key_people = {{nowrap|[[Karl-Johan Persson]] (chairman)}}<br />{{nowrap|[[Daniel Erver]] ([[CEO]] and president)<ref>{{cite web|url=https://hmgroup.com/about-us/corporate-governance/ceo.html|title=CEO of H&M Group|website=Hm.com|access-date=31 January 2024|archive-date=4 October 2020|archive-url=https://web.archive.org/web/20201004121718/https://hmgroup.com/about-us/corporate-governance/ceo.html|url-status=dead}}</ref>}} | products = [[Clothing]]<br />[[Fashion accessory|Accessories]] | production = | services = | revenue = {{increase}}[[US$]]24.8 billion (2019)<ref name=k>{{Cite web|url=http://www.forbes.com/companies/hm-hennes-mauritz/?list=global2000/&sh=75288b46727b.|title=H&M – Hennes & Mauritz|website=[[Forbes]]}}</ref><ref name="H&M Annual Report 2016">{{cite web |url= https://about.hm.com/content/dam/hmgroup/groupsite/documents/masterlanguage/Annual%20Report/Annual%20Report%202016.pdf |title= Annual Report 2016 |access-date= 27 February 2018 |publisher= Hennes & Mauritz |archive-date= 27 January 2018 |archive-url= https://web.archive.org/web/20180127083837/http://about.hm.com/content/dam/hmgroup/groupsite/documents/masterlanguage/Annual%20Report/Annual%20Report%202016.pdf |url-status= dead }}</ref> | operating_income = {{decrease}}US$1.8 billion (2019)<ref name="Operating profit of the H&M Group">{{cite web |url= https://www.statista.com/statistics/252191/profit-of-the-h-und-m-group-worldwide/ |title= Operating profit of the H&M Group worldwide from 2009 to 2019 |access-date= 2 April 2020|publisher= Statista}}</ref> | net_income = {{increase}}US$1.5 billion (2019)<ref name=k/> | aum = | assets = {{Increase}}US$19.3 billion (2019)<ref name=k/> | equity = {{Increase}}US$6.919 billion (2016)<ref name="H&M Annual Report 2016"/> | owner = [[Stefan Persson (magnate)|Stefan Persson]] (36%) | num_employees = 107,375{{efn|Total full-time equivalent positions; H&M reports do not publish total full-time, part-time and casual employment levels.}} (2021) | parent = | divisions = | brands = {{ubl|[[COS (fashion brand)|COS]]|Other Stories|Weekday|Monki|Cheap Monday|ARKET|H&M Home| Afound|Sellpy}} | footnotes = <ref>{{cite web | title=Reports and presentations | website=H&M Group | date=1 February 2024 | url=https://hmgroup.com/investors/reports/ | access-date=26 February 2024}}</ref><ref>{{cite web | last=Værnéus | first=Anders | title=svenskt mode i över 70 år | website=Dagens PS | date=15 February 2023 | url=https://www.dagensps.se/foretag/historien-om-hm-svenskt-mode-i-over-70-ar/ | language=sv | access-date=26 February 2024}}</ref><ref>{{cite web | last=BarkText | first=Susanne | title=H&M:s historia inifrån | website=Dagens industri | date=13 April 2017 | url=https://www.di.se/weekend/hms-historia-inifran/ | language=sv | access-date=26 February 2024}}</ref><ref>{{cite web | title=HM B, Hennes & Mauritz B, (SE0000106270) | website=Nasdaq | url=https://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE992 | access-date=26 February 2024}}</ref> | intl = | homepage = {{url|https://www.hm.com/|hm.com}} (retail)<br />{{url|https://hmgroup.com/|hmgroup.com}} (corporate) }} '''H & M Hennes & Mauritz AB'''<!--full legal name-->, commonly known by its brand name '''H&M''', is a Swedish [[multinational corporation|multinational]] [[fast fashion]] [[fashion retailer|retailer]] headquartered in [[Stockholm]]. Known for its [[fast fashion]] business model, H&M sells 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.<ref>{{Cite web |title=H&M Group Annual and Sustainability Report 2021 |url=https://hmgroup.com/wp-content/uploads/2022/03/HM-Group-Annual-and-Sustainability-Report-2021.pdf |access-date=5 July 2022 |website=H&M Group}}</ref> H&M is the second-largest international clothing retailer after [[Inditex]].<ref name=":1">{{Cite web |url=https://www.tharawat-magazine.com/facts/top-5-largest-fashion-clothing-retailers-world/ |title=Top Five Largest Fashion Retailers in the World|date=15 December 2018}}</ref><ref>{{Cite web |title=Sales of major apparel retailers worldwide 2022 |url=https://www.statista.com/statistics/242114/sales-of-the-leading-10-apparel-retailers-worldwide/ |access-date=2 June 2024 |website=Statista |language=en}}</ref> 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|Daniel Erver]].<ref>{{Cite news |date=31 January 2024 |title=H&M Names Company Veteran Erver CEO as Helmersson Steps Down |url=https://www.bloomberg.com/news/articles/2024-01-31/h-m-names-company-veteran-erver-ceo-as-helmersson-steps-down |access-date=31 January 2024 |work=Bloomberg.com |language=en}}</ref><ref>{{Cite web |date=31 January 2024 |title=H&M CEO quits as fashion group fails to keep up with rivals |url=https://www.foxbusiness.com/markets/hm-ceo-quits-fashion-group-fails-keep-up-rivals |access-date=9 August 2024 |website=foxbusiness.com |language=en-US}}</ref><ref>{{Cite web |title=Who is Helena Helmersson, the new CEO of H&M? |url=https://www.themds.com/companies/who-is-helena-helmersson-the-new-ceo-of-hm.html |access-date=14 March 2023 |website=www.themds.com |language=en-US}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)