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Name Stores First store in Serbia Parent; P.S. Fashion: 64 [23]: 2006: P.S. Fashion: Extreme Intimo [Wikidata]: 60 [24]: 1992 Extreme Intimo Legend: 48 [25]: 1998 ...
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 ...
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During her tenure H&M faced financial challenges due to the Covid pandemic [7] and losses from disinvesting in Russia as a result of the Russo-Ukrainian war as well as global supply chain difficulties and costs. [8] On 31 January 2024, it was announced that Helmersson would be replaced as CEO of H&M by Daniel Ervér. [9] [10]
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Carl Stefan Erling Persson (Swedish: [ˈstěːfan ˈpæ̌ːʂɔn]; born 4 October 1947 [1]) is a Swedish billionaire businessman. In March 2013, Forbes reported Persson's net worth as $28 billion [2] making him the richest of Sweden's 12 billionaires [2] and the 17th richest person in the world; [3] he has since dropped to number 50. [4]
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.
The brand is described as "creating contemporary minimalist collections for mid-range prices" [2] for women and men. COS is an abbreviation of “Collection of Style.” The brand advertises a design ethos of pieces made to last beyond the season with a focus on craftsmanship, what of using sustainably sourced materials for its products. [ 3 ]