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H&M is the second-largest international clothing retailer after Inditex. [ 11][ 12] H&M was founded by Erling Persson in 1947 under the name Hennes. The company's current CEO is Daniel Erver who replaced former CEO Helena Helmersson in January 2024. [ 13][ 14][ 15]
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, and of using sustainably sourced materials for its products. [ 3]
October 1, 2020 at 9:11 AM. STOCKHOLM (Reuters) - H&M plans to close hundreds of stores next year as the coronavirus crisis drives more shoppers online, the world's second biggest fashion retailer ...
Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M. [7] As of early 2023, Gap employs about 95,000 people. [8] The Fisher family remains deeply involved in the company, collectively owning much of its stock. [9]
Flagship stores in Madrid have closed, with hundreds of workers gathering in front of the city's largest H&M location to demand better conditions as online sales H&M workers strike for higher pay ...
H&M, a Sweden-based clothing company, specializes in apparel for women, men and children at affordable price points. ... H&M’s Arden Fair store will be the third location the retailer has opened ...
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