H&M

Swedish fashion retailer founded in Västerås in 1947

Global clothing and accessories retailer offering affordable everyday fashion, collaborations and home ranges from a Stockholm-headquartered group.

SwedenSwedenFashionFast fashionApparelFounded 1947

About H&M

Erling Persson opened the first Hennes store in Västerås in 1947; after acquiring Mauritz Widforss in 1968 the company became Hennes & Mauritz. Today H&M is one of Europe's largest fashion retailers, selling clothing, accessories and home products through stores and e-commerce under the H&M brand and sister labels.

Why consider H&M

  • Wide, frequently updated assortment at accessible prices
  • Large store and online footprint across Europe
  • Collaborations with designers and artists for limited collections
  • Multiple formats from everyday fashion to kids and home
  • Swedish-rooted alternative to US mass fashion chains

Alternatives

Comparable non-European brands

Gap

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American casual basics

Uniqlo

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Old Navy

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Forever 21

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Trend-driven fast fashion

Brand comparison

BrandCountryPositioningMain categoryPrice level
H&MSwedenSwedenAccessible fast fashionClothingBudget to mid
ZaraSpainSpainTrend-led fast fashionClothingMid-range
GanniDenmarkDenmarkPlayful contemporary Scandi fashionClothingPremium

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Brand details

Brand ownership

  1. H & M Hennes & Mauritz AB
  2. H&M

Market presence

  • H&M stores worldwide
  • Official online store and app
  • Outlet and clearance formats
  • Department-store concessions in selected markets
  • Sister brands under the H&M Group

Brand timeline

  1. 1947Erling Persson opens Hennes in Västerås
  2. 1968Mauritz acquisition creates Hennes & Mauritz
  3. 1974Listed on the Stockholm Stock Exchange
  4. 2000sGlobal expansion of stores and designer collaborations
  5. TodayMajor European fashion retailer headquartered in Stockholm