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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.
H & M Hennes & Mauritz AB, commonly known by its brand name H&M, is a Swedish multinational fashion 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 ...
Popular shirts, coats, and dresses from this time included puffer jackets made from upcycled deadstock fabric, sweatshirts, high waisted pants, tucked-in sweaters, camisoles and crop tops, lowrise miniskirts, [78] brocade topcoats, [75] midriff-baring tops, ribbed turtlenecks, garish Ed Hardy style T-shirts with rhinestones, [72] off-the ...
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The menswear division produced shirts, sweaters, neckties and other accessories under names including Christian Dior, Hathaway, Chaps by Ralph Lauren, and Jack Nicklaus. At the end of 1991, the company produced $195.4 million in gross profits and Linda Wachner was named Business Woman of the Year by Fortune .
Started by Örjan Andersson and Adam Friberg as a secondhand jeans shop in Stockholm, before starting selling their own clothing in 2004. In 2008 H & M bought the parent company Fabric Scandinavien AB, and the first UK shop opened in Carnaby Street, London in 2012. [17] Chester Barrie
The early to mid-2000s saw a rise in the consumption of fast fashion: affordable off-the-peg high street clothing based on the latest high fashion designs. With its low-cost appeal driven by trends straight off the runway, fast fashion was a significant factor in the fashion industry's growth.
Sir Philip Nigel Ross Green (born 15 March 1952) is a British businessman who was the chairman of the retail company Arcadia Group.He owned the high street clothing retailers Topshop, Topman, and Miss Selfridge from 2002 to 2020.
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