Hennes & Mauritz
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moreHennes & Mauritz, known as H&M, is a global company incorporated in 1947, with its headquarters situated in Stockholm, Sweden. It is renowned for specializing in fast fashion, catering to a diverse demographic that includes men, women, teenagers, and children. Fast fashion is the core of H&M's operation, comprising various segments such as clothing, accessories, footwear, cosmetics, as well as home textiles and decor available through H&M Home. H&M's portfolio encompasses several noteworthy brands, each with its distinct identity and target audience. Its main brand, H&M – famous for blending fashion with quality at the best price, sits at the company's core. COS, short for Collection of Style, is recognized for its modern, functional, and considered design. & Other Stories appeals with a comprehensive range of shoes, bags, accessories, beauty items, and ready-to-wear garments. Monki serves the youth market with a bold and expressive store concept. Weekday is known for its denim and fashion offerings. Previous to its discontinuation in 2019, Cheap Monday was part of H&M's brand lineup. ARKET offers a curated selection of essentials for men, women, children, and home areas. H&M Home specializes in homeware and home textiles, extending the company's reach into consumer's living spaces. H&M's global presence is significant, with a substantial number of retail locations and hefty sales revenue generated from key markets such as Germany, the United States, the United Kingdom, China, and Sweden. These markets are essential contributors to H&M's international success, and together with its operations across Europe, North America, Asia, Africa, and Oceania, the company has established a formidable footprint in the fashion industry worldwide. (Powered by AI)
In order to ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1. On average the statu...