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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]
v. t. e. Sweden is home to a number of influential fashion brands with large international spread, ranging from more high-end contemporaries such as Acne Studios, J.Lindeberg, and Filippa K, as well as the global retail company H&M and its subsidiary brands like COS and & Other Stories. Sweden's capital, Stockholm, is the host of the country's ...
111,464. Multinational networking and telecommunications equipment and services company in Stockholm. After 23 years on the list, the firm has dropped from a high of 133 in 2001. 482. H&M. $22,618. 114,586. Swedish multinational clothing retailer; it is the second largest firm of its type and operates in 62 countries.
The Forbes Global 2000 published on 18 April 2012 [1] is a ranking of largest companies in the world, by a mix of four metrics: sales, profits, assets and market value.The ranking number shows the ranking among all other Nordic companies on the list, while the number displayed within parenthesis shows the actual ranking among all the companies on the Forbes Global 2000 list.
Career. Ervér studied Business Administration at the University of Gothenburg and an exchange with ESSEC Business School in Paris, France. [2] Ervér began working at H&M in 2005 as a trainee. [3] He served as head of the H&M brand, the largest brand within the group, for four years previous to his appointment as chief executive in February 2024.
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]
In 1994, Inditex opened stores in Belgium and Sweden. [40] By 1997, the company had expanded to Malta, Cyprus, Norway and Israel. [15] In 1998, expansion continued to the UK, Turkey, Argentina, Venezuela, the Middle East and Japan. [15] Canada, Germany, Poland, Saudi Arabia and several South American countries received stores in 1999. [40] [41]
List of Swedish billionaires by net worth. This is a ranking of Swedish billionaires. The following list is based on the annual estimated wealth and assets assessment compiled and published by American business magazine Forbes. The wealth of 45 people exceeds $1 billion. [ 1]