Hennes & Mauritz (OTCMKTS:HNNMY) (OTCMKTS: HNNMY), commonly known as H&M, is a Swedish multinational clothing retailer that designs and sells fashion apparel, accessories and home textiles. Established in 1947 by Erling Persson in Västerås, Sweden, the company has grown into one of the world’s leading fashion groups. H&M’s product portfolio spans collections for women, men, teenagers and children, as well as a dedicated line of home furnishings under the H&M Home label. The company emphasizes a blend of fashion-forward design, quality, and value, aiming to offer the latest trends at accessible price points.
H&M operates through a multi-channel approach, combining physical retail stores with a robust e-commerce platform. The company’s brick-and-mortar presence spans over 70 markets across Europe, Asia, North America, South America and the Middle East, with thousands of stores worldwide. Its online channels extend to additional markets, leveraging local language websites, click-and-collect options and regional distribution centers to enhance customer reach and convenience.
Over the decades, H&M has expanded its offerings through collaborations with renowned designers and celebrities, fostering brand appeal and driving limited-edition capsule collections. In recent years, the company has placed growing emphasis on sustainability, launching initiatives such as garment recycling programs, the use of organic and recycled materials, and transparent supply chain reporting. These efforts are part of H&M’s broader commitment to ethical sourcing and environmental stewardship.
Leadership at H&M has navigated the retailer through both rapid expansion and digital transformation. Helena Helmersson, appointed CEO in 2020, has spearheaded initiatives to accelerate online growth and enhance operational efficiency, following a tenure in supply chain and sustainability roles within the company. The board of directors, along with executive management, continues to steer H&M toward innovation in retail technology, sustainable manufacturing practices and global market development.
