H&M (Hennes & Mauritz AB) (OTC: HNNMY)
Apparel Retail · Stockholm, Sweden · Founded 1947
- Market capitalization: $25.0 billion
- Annual revenue: $24.0 billion
- Net income: $1.5 billion
- Employees: 145,000
- Sector: Consumer Cyclical
- Headquarters: Stockholm, Sweden
- Founded: 1947
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H&M is the world's second-largest fashion retailer, selling affordable clothing through over 4,300 stores and online. They operate H&M, COS, & Other Stories, Arket, and Weekday. The company has been struggling to keep up with Zara's speed and Shein's prices, caught in an uncomfortable middle ground.
Retail sales of affordable fashion through owned stores and e-commerce. H&M designs centrally and sources from a global supplier network. The model relies on volume and brand recognition, though margins have been under pressure from competition and sustainability investments.
Erling Persson founded H&M in 1947 in Västerås, Sweden. The company expanded globally through the 1990s and 2000s, becoming a high-street staple. The rise of ultra-fast fashion (Shein) and the premium fast-fashion model (Zara) has squeezed H&M from both ends. CEO Daniel Ervér took over in 2024 to drive a turnaround.
| Market Capitalization | $25.0B |
| Annual Revenue | $24.0B |
| Net Income | $1.5B |
| Profit Margin | 6% |
| Revenue per Employee | $165517K |
| Stock Exchange | OTC |
| Ticker Symbol | HNNMY |
Financial data is approximate and based on most recent annual filings.
H&M's designer collaborations (Karl Lagerfeld, Balmain, Versace) regularly cause stampedes and crash their website. The Persson family controls the company through a dual-class share structure and is one of Sweden's wealthiest families.
H&M is stuck between Zara's speed and Shein's prices. They need to find a clear identity or risk becoming irrelevant in a brutally competitive market.
What is H&M (Hennes & Mauritz AB)'s revenue?
H&M (Hennes & Mauritz AB) generates approximately $24.0 billion in annual revenue.
How many employees does H&M (Hennes & Mauritz AB) have?
H&M (Hennes & Mauritz AB) employs approximately 145,000 people worldwide.
What is H&M (Hennes & Mauritz AB)'s market cap?
H&M (Hennes & Mauritz AB) (HNNMY) has a market capitalization of approximately $25.0 billion on the OTC.
When was H&M (Hennes & Mauritz AB) founded?
H&M (Hennes & Mauritz AB) was founded in 1947 and is headquartered in Stockholm, Sweden.
Who is the CEO of H&M (Hennes & Mauritz AB)?
Daniel Ervér is the current CEO of H&M (Hennes & Mauritz AB).
What is H&M (Hennes & Mauritz AB)'s website?
H&M (Hennes & Mauritz AB)'s official website is hm.com.
| CEO | Daniel Ervér |
| Sector | Consumer Cyclical |
| Industry | Apparel Retail |
| Founded | 1947 |
| HQ | Stockholm |
| Country | Sweden |
| Website | hm.com |
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