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H&M, or Hennes & Mauritz, is a global fashion icon that originated in Västerås, Sweden. Founded by Erling Persson in 1947 as a women's clothing store named 'Hennes', the brand eventually merged with the hunting and fishing equipment retailer Mauritz Widforss in 1968, leading to the creation of the H&M brand we know today. Over the decades, it has expanded from a local Swedish shop into one of the world's largest fashion retailers, focusing on providing 'fashion and quality at the best price in a sustainable way.'
H&M's manufacturing strategy relies on a diverse network of independent suppliers rather than owning its own factories. The brand produces its garments in multiple countries across Asia and Europe, with significant hubs in Bangladesh, China, Cambodia, and Turkey. This global supply chain allows H&M to maintain high volume and rapid turnover of fashion trends. Ownership remains primarily rooted in the founding family through H&M Group (H & M Hennes & Mauritz AB), which is listed on the Nasdaq Stockholm exchange and continues to be headquartered in Sweden to this day.
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