H&M Hennes & Mauritz AB
SE-106 38 Stockholm, Sweden (Map) Phone: +46-8-796-55-00
Fax: +46-8-20-80-94
Primary US Office:
Subscribers Only http://www.hm.com
Overview
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).
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for H&M Hennes & Mauritz AB
| Company Type | Public (OMX Stockholm: HMB) |
|---|---|
| Fiscal Year-End | November |
| 2008 Sales (mil.) | £7,081.4 |
| 1-Year Sales Growth | (11.4%) |
| 2008 Net Income (mil.) | £1,223.3 |
| 1-Year Net Income Growth | (11.8%) |
Key People from Hoover's UK
Key people and executives for H&M Hennes & Mauritz AB
| Chairman | Stefan Persson (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| CEO and Director | Karl-Johan Persson Connect to this executive |
| CFO | Leif Persson Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of H&M Hennes & Mauritz AB
There are 29 competitors for H&M; see more.Significant Developments
View company events at H&M Hennes & Mauritz AB such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Top Executive Change | Subscribers get full details -- view a sample |
| Top Executive Change |
Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
-
Retail
- Apparel & Accessories Retail(primary)
Rankings from Hoover's UK
See how H&M Hennes & Mauritz AB ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones
- #147 in FT Global 500
