How much has H&M grown?
Germany is H&M’s largest market. In 2019, 3.5 billion U.S. dollars were generated from that country alone….Sales of the H&M Group worldwide from 2007 to 2020 (in million U.S. dollars)
| Characteristic | Gross sales in million U.S. dollars* |
|---|---|
| 2019** | 24,339.19 |
| 2018** | 23,232.37 |
How much profit does H&M make per year?
H&M was considered to be the fourth most valuable apparel brand in the world; behind Nike, ZARA and adidas as of 2019….Operating profit of the H&M Group worldwide from 2009 to 2020 (in million U.S. dollars)
| Characteristic | Operating profit in million U.S. dollars |
|---|---|
| 2019 | 1,813.92 |
| 2018 | 1,710.74 |
| 2017 | 2,458 |
| 2016 | 2,726.93 |
How profitable is H&M?
The world’s second-biggest fashion retailer swung to a pretax profit of 3.59 billion crowns ($419 million) from a year-earlier loss of 6.48 billion. Analysts polled by Refinitiv had on average forecast a 3.42 billion crown profit.
How much is H&M worth 2021?
Market cap: $31.62 Billion As of November 2021 H&M has a market cap of $31.62 Billion. This makes H&M the world’s 655th most valuable company by market cap according to our data.
What is H&M turnover?
Peer analysis
| Company | Revenue (TTM) | Revenue (YOY change %) |
|---|---|---|
| NEXT plc | 52.20bn | -17.15 |
| Associated British Foods plc | 166.07bn | -0.3803 |
| Zalando SE | 99.09bn | 23.13 |
| H & M Hennes & Mauritz AB | 194.70bn | -19.64 |
What does H&M stand for?
Hennes & Mauritz
The name is changed to Hennes & Mauritz when Erling Persson buys the hunting and fishing store Mauritz Widforss in Stockholm, including a stock of men’s clothing. This is the start of sales of men’s and children’s clothing.
How is H&M sustainable?
Is H&M sustainable? H&M have made a good start on becoming sustainable. It offers Conscious collections, made from sustainably sourced materials and the products dropped off at in-store recycle bins, and it uses eco-friendly materials in some products, such as organic cotton and recycled polyester.
Is H& M a Fortune 500?
Figures prepared in accordance with International Accounting Standards….Company Information.
| CEO | Karl-Johan Persson |
|---|---|
| Website | http://www.hm.com |
| Years on Global 500 List | 2 |
| Employees | 114,586 |
Does Madonna own H&M?
American entertainer Madonna has produced five fashion brands, beginning with a clothing range for fashion store H&M in March 2007. Prior to creating her own fashion lines, in 1985 at the height of Madonna’s fame, Macy’s department store created a section called Madonnaland in New York.
What was the sales of H & M in 2017?
This statistic depicts the gross sales of the H&M Group worldwide from 2007 to 2018. In fiscal year 2017, global gross sales of the H&M Group amounted to about 27.7 billion U.S. dollars. H&M.
Where does the H & M group make the most money?
This is the highest sales value achieved by the group in the Nordic region. The highest revenue generated in a single country amounted to 3.6 billion U.S. dollars in Germany, ahead of the United States, where the H&M Group gained a total of 2.7 billion U.S. dollars.
Who is the CEO of H & M group?
The H&M group stands strong after all the challenges brought by the pandemic. Thanks to much- appreciated collections , rapid and profitable online growth and strict cost control, the company succeeded in ending the year in profit and in a strong financial position,” says Helena Helmersson, CEO.
How is H & M group affecting working capital?
Streamlining the invoice and payment process will have material effects on the H&M group’s working capital. Based on 2020 purchasing volumes, this could free up around SEK 10 billion in 2021.