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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.
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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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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