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H & M Hennes & Mauritz AB, also known as H&M Group, is a multinational clothing company based in Sweden that focuses on fast-fashion clothing. As of 23 June 2022, H&M Group operated in 75 geographical markets with 4,801 stores under the various company brands, with 107,375 [b] full-time equivalent positions.
H&M plans to close hundreds of stores next year as the coronavirus crisis drives more shoppers online. ... The Swedish company's pretax profit fell to 2.37 billion crowns ($265.6 million) in its ...
Karl-Johan Persson (grandson) Charlotte Söderström (granddaughter) Tom Persson (grandson) Erling Persson (21 January 1917 – 28 October 2002) was the founder of H&M (Hennes & Mauritz). [1] [2] He got the idea following a post- World War II trip to the United States: He was impressed by the country's efficient, high-volume stores. [2]
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]
HMV. HMV is a music and entertainment retailer, founded in the United Kingdom in 1921. As of February 2024, it is currently operating in the United Kingdom, Ireland, Japan and Belgium, as well as having concessions at Toys "R" Us locations in Canada.
A H&M store in Downtown Montreal Fast fashion brands produce pieces to get the newest style on the market as soon as possible. [16] They emphasize optimizing certain aspects of the supply chain for the trends to be designed and manufactured quickly and inexpensively and allow the mainstream consumer to buy current clothing styles at a lower price.
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