As of November 2019, H&M operates in 74 countries with over 5,000 stores under the various company brands, with 126,000 full-time equivalent positions. It is the second-largest global clothing retailer, behind Spain-based Inditex (parent company of Zara).
Who is bigger Zara or H&M?
H&M is the oldest, has the largest number of physical stores, and has expanded from its budget roots to include seven other brands. Zara is most prominent in its native Spain but has managed to expand globally, expanding its brand to include Zara Home.
What clothing companies are publicly traded?
Rank Company Mcap $
---- ------- ---------
1 Inditex $111.17 b
2 Nike $92.89 b
3 LVMH $84.81 b
4 TJX $49.13 b
Why is H&M called H&M?
The story of H&M began back in 1947 when Erling Persson opened the first store in Vasteras, Sweden. And because it was a store particularly focused on women's clothing, he chose a name that reflected his target audience, “Hennes,” which translates to “Hers” in English.Apr 22, 2021
Why is it called H&M?
The name itself is brimming with history. When founder Erling Persson opened his first H&M shop in Sweden in 1947, he deemed it as Hennes, which translates into Swedish for “Hers.” This was quite a literal rendering as Hennes only sold women's clothing at the time.Jun 23, 2021