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H & M Hennes & Mauritz AB is a multinational fashion retailer headquartered in Sweden. Known for its fast fashion business model, H&M offers affordable clothing, accessories, and homeware. The company has a significant global presence, operating thousands of stores across 75 geographical markets and employing over 100,000 people worldwide.
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Karl-Johan Erling Göran Persson (born 25 March 1975) is a Swedish billionaire businessman. He is chairman of the fashion company Hennes & Mauritz (H&M), and was its CEO from 2009 to 2020. [3] [4] H&M was founded by his grandfather Erling Persson. [5] [6] As of December 2023, according to Forbes, his estimated net worth is US$1.9 billion.
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Career. Ervér studied Business Administration at the University of Gothenburg and an exchange with ESSEC Business School in Paris, France. [2] Ervér began working at H&M in 2005 as a trainee. [3] He served as head of the H&M brand, the largest brand within the group, for four years previous to his appointment as chief executive in February 2024.
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Zara (retailer) Zara ( Spanish: [ˈθaɾa]) is a fast-fashion retail subsidiary of the Spanish multinational fashion design, manufacturing, and retailing group Inditex. [ 2] Zara sells clothing, accessories, beauty products and perfumes. [ 3] The head office is located at Arteixo in the province of A Coruña, Galicia. [ 4]