Fun Facts
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Hennes & Mauritz, the company’s long name, is made up of hennes (Swedish for “hers” and/or “for her”) and Mauritz, part of the name of hunting apparel retailer Mauritz Widforss which was acquired by founder Erling Persson in 1968.
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H&M operates 3,500 stores in 57 countries.
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H&M is the second largest global clothing retailer, behind Inditex, the parent company of competitor Zara. Third to Inditex and H&M is GAP, Inc.
H&M, or Hennes & Mauritz, is a multinational clothing company known for its “fast-fashion” clothing for women, men, teenagers and children. The company was founded in Västerås, Sweden by Erling Persson but is currently headquartered in Stockholm.
H&M is a pioneer of fast fashion, which is a term used by retailers to express how designs move from a catwalk to a clothing store. This speed of movement is intended to capture current fashion trends and lead to greater revenues. These trends are then designed and manufactured quickly and cheaply to allow the consumer to purchase the styles at a lower price. H&M, along with other fast-fashion retailers such as Zara and Topshop, are known especially for their affordable prices.
