H And M Net Worth (Updated 2025).

H&M, an acronym for Hennes & Mauritz, was founded in Sweden in 1947 by Erling Persson. Initially, it was a small women’s clothing store named Hennes, which translates to “hers” in English. The company’s expansion began in the 1960s when it started to include men’s clothing, leading to the addition of “Mauritz” to the name, after Mauritz Widgren, a hunter whose hunting equipment store Persson had bought. The first H&M store outside Sweden opened in London in 1976, marking the beginning of the company’s global presence.

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H&M’s Current Net Worth (2025)

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As of 2025, H&M’s net worth is estimated to be around $150 billion. This Swedish multinational clothing retailer has seen steady growth since its founding in 1947, expanding to over 5,000 stores in 74 markets worldwide.

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Career

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H&M was founded by Erling Persson in 1947, initially as a single store in Västerås, Sweden. Persson’s innovative business model, focusing on affordable fashion for all, quickly gained popularity. In 1968, his son, Stefan Persson, joined the company and played a significant role in its global expansion. Today, H&M offers a wide range of brands, including H&M, Cos, & Other Stories, and Monki, catering to diverse customer preferences.

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Other Ventures

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Beyond its core retail business, H&M has ventured into various other areas. In 2013, it launched its online sales platform, expanding its reach beyond physical stores. Additionally, H&M has invested in sustainable fashion initiatives, such as using recycled materials and developing a clothing take-back program. The company has also collaborated with high-profile designers like Karl Lagerfeld and Stella McCartney to create exclusive collections.

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Assets

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H&M’s assets are predominantly in the form of its extensive retail network, with over 5,000 stores globally. The company also holds significant intellectual property rights, including its brand names and designs. Moreover, H&M’s supply chain and logistics infrastructure are substantial assets, enabling efficient operations and quick response to market trends. As of 2021, H&M’s total assets were valued at approximately $35 billion.

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Annual Income

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H&M’s annual income has seen consistent growth over the years. In 2021, the company reported a turnover of $24.7 billion, a slight dip from the previous year due to the COVID-19 pandemic. However, this figure is a testament to H&M’s resilience and continued demand for its products. The company’s annual income has grown from $18.1 billion in 2010, reflecting its steady expansion and market dominance in the fashion retail industry.

Frequently Asked Questions about  H And M

Frequently Asked Questions: H&M Net Worth

1. What is H&M’s net worth?

H&M’s net worth is estimated to be around $18.8 billion.

2. How many countries does H&M operate in?

H&M operates in over 74 countries worldwide.

3. When was H&M founded?

H&M was founded in 1947 by Erling Persson.

4. How many employees does H&M have?

As of 2021, H&M employs over 179,000 people globally.

5. What are H&M’s most popular clothing lines?

Some of H&M’s most popular clothing lines include H&M Divided, H&M Conscious, H&M Home, and H&M Kids.

6. Does H&M have any sustainability initiatives?

Yes, H&M has several sustainability initiatives, including their Conscious Collection and the Garment Collecting initiative, which encourages customers to recycle their old clothes.

7. How many stores does H&M have worldwide?

H&M has over 5,000 stores worldwide.

8. Who is the current CEO of H&M?

The current CEO of H&M is Helena Helmersson.

9. What is H&M’s annual revenue?

H&M’s annual revenue is over $23 billion.

10. Does H&M have any online presence?

Yes, H&M has an online store that ships to over 40 countries.