H&M Hennes & Mauritz AB
Explore H&M Hennes & Mauritz AB
Core profile pages, annual revenue records, and related research hubs for this company.
H&M Hennes & Mauritz AB
Explore H&M Hennes & Mauritz AB
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 1947 in Stockholm, Sweden
Erling Persson opened Hennes in Vasteras, Sweden, in 1947 after seeing the potential for affordable, high-volume apparel retail. The 1968 acquisition of Mauritz Widforss added menswear and created the Hennes & Mauritz name, giving the company the identity that later became H&M.
Erling Persson opens Hennes in Vasteras, Sweden, as a women's fashion store.
The company acquires Mauritz Widforss, adds menswear, and becomes Hennes & Mauritz.
H&M lists publicly in Stockholm, giving it capital and visibility for international expansion.
H&M launches COS, signaling a larger portfolio strategy beyond the core value-fashion banner.
Daniel Ervér becomes CEO as the group focuses on sharper assortments, digital retail, and profitability.
H&M reports SEK 228.285 billion in FY2025 net sales and SEK 12.085 billion profit for the year.
H&M traces its roots to 1947.