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 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).
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+ |
| 2010 Sales (mil.) | £9,939.3 |
| 1-Year Sales Growth | 9.8% |
| 2010 Net Income (mil.) | £1,711.6 |
| 1-Year Net Income Growth | 17.1% |
| 2010 Employees | 59,440 |
| 1-Year Employee Growth | 11.2% |
+ Fiscal Year-End Change
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)
|
|---|---|
| CEO and Managing Director | Karl-Johan Persson |
| Head IT | Kjell-Olof Nilsson |
Top Competitors from Hoover's UK
Top competitors of H&M Hennes & Mauritz AB
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More Industry InformationRankings 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
- #163 in FT Global 500 (June 2011)
- STOXX Europe 50
