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Industry Center - Apparel Stores
Industry Center > Apparel Stores > 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 but chic clothing, mainly for men and women 18 to 45, children's apparel, and its own brands of cosmetics. Fast-growing H&M operates about 1,800 stores in about 35 countries and has direct sales operations in selected areas. Germany is H&M's #1 market, accounting for about 25% of sales. About 60% of its clothing is made in Asia, the rest is manufactured primarily in 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 (2008):10889.40 M
Revenue Growth (1 yr):(-11.40%)
Key People
Chairman: Stefan Persson
CEO and Director: Karl-Johan Persson
CFO: Leif Persson
Industry Information
Sector: Services
Industry: Apparel Stores
Top Competitors
Arcadia Group
Industria de Diseņo Textil, S.A.
The Gap Inc. (gps)
 


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