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Industry Center > > H&M Hennes & Mauritz AB Company Profile
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H&M Hennes & Mauritz AB Company Profile
H&M Hennes & Mauritz targets the Hip & Modish. The firm designs cheap yet chic clothing, mainly for men and women ages 18 to 45, children's apparel, and its own brands of cosmetics. Fast-growing H&M operates some 2,470 stores in some 35 countries and offers online shopping in eight countries. Germany is its #1 market, accounting for more than 20% of sales. The firm doesn't own factories but buys its goods from suppliers primarily in Asia and Europe. H&M opened its first women's clothing store in 1947 as Hennes (Swedish for "hers"); it later bought the hunting and men's clothing store Mauritz Widforss. H&M is controlled by the family of chairman Stefan Persson (the billionaire son of founder Erling Persson).
Contact Information
Address: Sverigekontoret
SE-106 38 Stockholm, Sweden
Phone:+46-8-796-55-00
Fax:+46-8-20-80-94
Financial Highlights
Fiscal Year End:November
Revenue (2012):18820.50 M
Revenue Growth (1 yr):18.60%
Employees (2012):72,276
Employee Growth (1 yr):11.40%
Key People
Chairman: Stefan Persson
Managing Director and Chief Executive Officer: Karl-Johan Persson
Chief Financial Officer: Jyrki Tervonen
Industry Information
Sector:
Industry:
Top Competitors
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Industria de Diseņo Textil, S.A.
The Gap, Inc.
 


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