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Date Submitted: 02/29/2012 07:51 PM
Pengjiang(peng) 52110256
Saranyoo(Safe) 52110040
Lixiongfei Evan 52110332
H&M
H & M Hennes & Mauritz AB (operating as H&M) is a Swedish retail-clothing company, known for its fast-fashion clothing offerings for women, men, teenagers and children.
Industry : Fashion
Founded : Sweden 1947
Headquarter : Stockgolm, Sweden
Key people : Stefan Persson (Chairman), Karl-Johan Persson (President and CEO)
Product : Clothing , Cosmetic
Revenue : SEK 126.97 Billion (2010)
Operating Income : SEK 24.66 Billion
Profit : SEK 18.68 Billion
Employee : 87,000
The worldwide company cover all of 41 countries around the world and now have around 2,300 stores.
Concept : Fashion and quality at the best price.
ABOUT H&M
Established in 1947, H&M has grown into a truly global fashion brand with more than 2,200 stores in 40* markets on four continents. In 2010, H&M’s sales including VAT amounted to SEK 127 billion, profit for the year was SEK 18.7 billion and the number of employees over 87,000.
Our business concept is to offer fashion and quality at the best price to our customers ranging from women, men and young people to children.
The H&M share is listed on NASDAQ OMX Stockholm.
”Fashion and quality at the best price.”
Our collections are created centrally in H&M’s design and buying department. H&M does not own any factories, but instead has 16 production offices in Asia and Europe that work closely together with some 700 independent suppliers. All suppliers must comply with H&M’s quality standards. Good product quality is also ensured through continuous controls. For us, quality also means producing the items with minimal environmental impact and under good working conditions.
To us design is not about price and one way of showing that is through exciting collaborations with designers, such as with Karl Lagerfeld, Stella McCartney, Viktor & Rolf, Roberto...