Turnover: 21 billion USD (2023)
Country: Sweden
The H&M group owns the following brands in particular: H&M (4,500 points of sale), Cos (290 points of sale), Weekday (54 points of sale), MONKL (130 points of sale).
The group specializes in affordable clothing (including underwear) and is present all over the world.
News
Host and Primark: The nightmare continues for H&M, overtaken by Shein 15/12/2023
- H&M posted annual sales up 6% to 21 billion euros
- Spanish brand Zara saw an 11% increase in sales for the first nine months of the year, representing 25.6 billion euros and a profit in excess of 4 billion euros.
- British brand Primark achieved sales in excess of 23 billion euros at the end of its September trading year.
- Chinese online retailer Shein is targeting sales of €40 billion this year, while its rival Temu is aiming for €33 billion.
- H&M reduced the number of its stores and cut 1,500 jobs last year as part of a rescue plan.
Textiles: H&M emerges weakened from a nightmare year 29/01/2023
- 4.400 points of sale by 2022
- Net income down 68% by 2022
- H&M faces competition from China's Shein
- The chain had to close 185 stores in Russia
H&M: better than expected results in Q2 29/06/2022
Second-quarter net income up 33% to SEK 3.7 billion (approx. 345 million euros)
Second-quarter sales: up 17%, 54.5 billion kronor (7.3 billion euros)
Analyst forecasts (according to Factset): sales of approx. 52 billion kronor, profit of 3.0 billion
Group share price on June 29: up approx. 3.7% to 126.34 crowns
Total number of stores at end May: 4,702, down 272 year-on-year
Net store closures planned for 2022: 178 (previously 140)
Expansion planned in South America with two online stores in Colombia and Peru
Suspension of sales in Ukraine, Belarus and Russia: 181 stores affected
Financial Data
DUNS: 398979310
Legal Name: H&M HENNES & MAURITZ
Address: 3 RUE LA FAYETTE , 75009 PARIS 9
Number of employees: Entre 5 000 et 9 999 salariés (2019)
Capital: 152 000 EUR
Financial Data:
| Year | Turnover (€) | Net Profit (€) | Fiscal Year End | Fiscal Year Duration |
|---|---|---|---|---|
| 2016 | 1 223 927 088 EUR | 30 298 033 EUR | 30/11/2016 | 12 |
| 2015 | 1 173 281 375 EUR | 4 158 592 EUR | 30/11/2015 | 12 |
Studies mentioning this company
The women's ready-to-wear market - France
Other companies mentioned:
- Inditex groupe (Zara)
- Camaïeu
- SMCP Groupe (Sandro)
- Chanel
- Zalando
- Kiabi Europe
- La Halle
- Beaumanoir Groupe
- GEMO (Eram Groupe)
- H&M Groupe
- Comptoir des Cotonniers (Fast Retailing Group)
- The Kooples Diffusion
- Maus Frères
- SRP group (Showroomprivé)
- Naf Naf
- Les 3 Suisses
- Doudounes JOTT
- Mytheresa
- Blanche Porte
- Galeries Lafayette
- Printemps Groupe
- SMCP Groupe (Claudie Pierlot)
- SMCP Groupe (Maje)
- Zadig et Voltaire
- Kookaï
- Indies Groupe
- Forever 21
- Grain de Malice
- Maison Montagut - Le Chatelard
- Isabel Marant
- Vinted
- Sonia Rykiel
- Abercrombie & Fitch
- American Eagle Outfitters
- Ann Taylor (Ann Inc.)
- Pierre Cardin
- Eric Bompard
- Massimo Dutti (Inditex groupe)
- Almé
- Levi’s
- Paule Ka
- Esprit
- Des marques et vous - Devianne
- Sessun
The men's underwear market - Italy
Other companies mentioned:
- Pompea
- CSP International
- Giorgio Armani
- Hollister
- H&M Groupe
- Calzedonia Oniverse
- PVH
The men's underwear market - Portugal
Other companies mentioned:
- H&M Groupe
- Hollister
- Ralph Lauren
- Impetus
- Calzedonia Oniverse
The handbag market - United States
Other companies mentioned:
- LVMH Groupe
- Kering
- Target
- Walmart
- H&M Groupe
- Michael Kors
- Shein
- Inditex groupe (Zara)
- Mango
- Louis Vuitton Malletier
- Chanel
- Chloé
- Le Tanneur
- Lacoste Groupe
- Lancaster Maroquinier
- Longchamp
- Hermès International
- eBay
- Vestiaire Collective
- Asos
- MACY's
- Vinted
- The Real Real Inc. Company
- Bloomingdale's
The handbag market - Germany
Other companies mentioned:
- Shein
- LVMH Groupe
- Longchamp
- Louis Vuitton Malletier
- H&M Groupe
- Chanel
- Vinted
- Inditex groupe (Zara)
The children's clothing market - Spain
Other companies mentioned:
- Inditex groupe (Zara)
- Inditex groupe (Zara)
- H&M Groupe
- Nike
- Adidas
- LVMH Groupe
- Artsana Groupe (Chicco)
The men's underwear market - France
Other companies mentioned:
- DIM Brands international
- HOM Innovations
- Eminence
- Le slip Français
- Calzedonia Oniverse
- Dagobear
- Arthur
- Calvin klein
- H&M Groupe
- Eden Park
- Lacoste Groupe
- Diesel
- Hugo Boss
- Ralph Lauren
- Monoprix
- Fast Retailing France (Uniqlo)
The household linen market - France
Other companies mentioned:
- Linvosges
- Fremaux-Delorme (Yves Delorme, Olivier Desforges)
- Descamps
- BHV Exploitation
- La Redoute AMPM
- Home Heritage Dodo Groupe
- Anne de Solène (Dodo Groupe)
- Blanche Porte
- Tisseray
- Carré Blanc
- Harmony Textile
- Vanderschooten
- O Linge de Maison
- Les 3 Suisses
- Alexandre Turpault
- Alinéa
- Beauvillé
- Becquet
- Blanc Cerise
- Blanc des Vosges
- Drouault (Groupe Dodo)
- Essix (Vanderschooten Groupe)
- Françoise Saget
- Garnier-Thiebaut
- H&M Groupe
- La fabrique hexagonale
- Le Jacquard français
- Le Monde Sauvage
- Linder
- Linge Mat
- Madura
- Simone et Georges
- Maison Thevenon
- Zara Home Espagne
- Jean Vier
The women's ready-to-wear market - Spain
Other companies mentioned:
- Inditex groupe (Zara)
- ABF group - Primark
- H&M Groupe
- Kiabi Europe
- C&A France
- El Corte Inglés
- Pimkie
- Bershka
- Mango
- Celio
- Shein
- Massimo Dutti (Inditex groupe)
The handbag market - France
Other companies mentioned:
- LVMH Groupe
- Lancel (Piquadro)
- Le Tanneur
- Vanessa Bruno
- Parfois - Modessa france
- Longchamp
- Michael Kors
- Lancaster Maroquinier
- Lacoste Groupe
- Vinted
- Anakiara
- Louis Vuitton Malletier
- Polène
- Couleur Sedona
- Goyard (Algo Groupe)
- Heimat Atlantica
- Léo et Violette
- Mansur Gavriel
- Nat & Nin
- PÖ&ME
- Shrimps
- Sonia Rykiel
- Staud
- Tammy & Benjamin
- Valencroix
- Yuzefi
- Zoatl
- Cabaia Valtex
- Hermès International
- H&M Groupe
- Leboncoin (Adevinta Group)
- Vestiaire Collective
- Guess
- Inditex groupe (Zara)
- Jacquemus
- Camille Fournet Maroquinerie