Home
Companies
H&M Groupe

H&M Groupe

Last update: 29/05/2024

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:

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:

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: