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Company nameH & M Hennes & Mauritz AB
Company typePublicly traded Aktiebolag (OMX - SSE992HM B)
FoundedVästerås, Sweden (1947 as "Hennes")
HeadquartersStockholm, Sweden
Key peopleStefan Persson (Chairman), Karl-Johan Persson (President and CEO)
ProductsClothing, cosmetics
RevenueSEK 126.97 billion (2010)
Operating incomeSEK 24.66 billion (2010)
Net incomeSEK 18.68 billion (2010)

     Home | Company | Hennes and Mauritz

H & M Hennes & Mauritz AB (operating as H&M) is a Swedish retail-clothing company, known for its fast-fashion clothing offerings for women, men, teenagers and children.

It has over 2,300 stores in 41 countries and as of 2011 employed around 87,000 people.

The design team in the company’s Sweden office controls the steps of production from merchandise planning to establishing specifications, and production is outsourced to approximately 800 factories in Europe and Asia. These facilities are used for horizontal division of labor rather than being integrated.

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