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2024-04-26 07:26:26

H&M

Swedish multinational clothing company
Swedish multinational clothing company
H&M, founded in 1947, operates in 75 markets with 4,801 stores. It is the second-largest international clothing retailer globally. The current CEO is Daniel Erver.
1947-10-04
First Hennes Store Opens in Sweden
On October 4, 1947, the first store under the name Hennes opens in Sweden, focusing on selling women's clothing.
1952
Opening of first Hennes store in Stockholm
In 1952, the first Hennes store opens in Sweden's capital, Stockholm, marking a significant expansion for the brand. This store further solidifies Hennes' presence in the Swedish fashion market.
1954
Hennes Full-Page Color Ad in Sweden
In 1954, Hennes takes out a full-page color ad in Sweden's largest daily newspaper, showcasing a pioneering belief in the power of marketing.
1964
Expansion to Norway
Hennes expanded internationally by opening its first shop outside Sweden in Norway in 1964.
1968
H&M Creation and Merger with Maurits
In 1968, H&M was officially created when Hennes acquired the hunting and fishing equipment store Maurits, forming Hennes & Maurits (H&M).
1969
Rapid Expansion of Hennes & Mauritz
By 1969, Hennes & Mauritz experiences rapid expansion, boasting a total of 42 stores. This marks a significant growth phase for the company as it establishes a strong presence in the retail market.
1973
H&M Starts Selling Underwear and Intimate Apparel
In 1973, H&M began selling underwear and tapped ABBA member Anni-Frid Lyngstad as their first celebrity endorser for their cosmetics collection.
1974
H&M Listed on Stockholm Stock Exchange
H&M was listed on the Stockholm Stock Exchange in 1974, marking a significant milestone in the company's history.
1976-01
Expansion into European Market
From 1976 to 1988, H&M focused on expanding its presence in the European market, marking a significant period of growth for the company.
1977
H&M launches Impuls concept for teenagers
In 1977, Hennes & Mauritz introduced the Impuls concept, targeting teenagers and inspired by denim stores in the US.
1980
H&M acquires Rowells
In 1980, H&M expands its sales by acquiring Rowells, a Swedish mail order company, allowing customers to purchase fashion items from the comfort of their homes.
1982
Stefan Persson becomes CEO of H&M
In 1982, Stefan Persson takes over as the CEO of H&M, succeeding his father Erling Persson, marking a generational shift in leadership within the company.
1990
Launch of Famous Annual Underwear Campaigns featuring Elle Macpherson
In 1990, the famous annual underwear campaigns were launched by H&M, featuring supermodel Elle Macpherson. The campaigns gained significant media attention.
1997
First H&M Code of Conduct
In 1997, H&M established their initial set of guidelines known as the First H&M Code of Conduct.
1998
H&M starts offering online shopping in Sweden
In 1998, H&M began offering online shopping services, with Sweden being the first market to have access to this new feature.
2000-03-31
First H&M Store in the U.S. Opens on Fifth Avenue, New York City
On March 31, 2000, H&M opened its first U.S. store on Fifth Avenue in New York City, initiating its expansion outside of Europe.
2002
H&M publishes first Corporate Social Responsibility Report
In 2002, H&M released its initial Corporate Social Responsibility Report, initiating its commitment to sustainability reporting.
2004-11
Exclusive collection by Karl Lagerfeld
In November 2004, H&M offered an exclusive collection by fashion designer Karl Lagerfeld, resulting in high demand with reports of sold-out inventories in major cities within an hour.
2005
Stella McCartney x H&M Collaboration
Stella McCartney collaborated with H&M, creating a collection of separates with affordable prices. Despite the designer's focus on wearable garments, this collaboration did not achieve the same success as Lagerfeld's.
2006-11
Collections by Stella McCartney and Viktor & Rolf
In November 2006, H&M launched collections by Stella McCartney and avant-garde Dutch designers Viktor & Rolf, expanding its designer collaborations.
2007-03
Collaboration with Madonna
H&M collaborated with pop star Madonna in March 2007 to create a unique collection, showcasing the brand's partnership with renowned artists.
2007-11
Collection by Roberto Cavalli
In November 2007, H&M launched a collection by Italian designer Roberto Cavalli, following the success of previous designer collaborations.
2008-09
H&M partnership with Comme des Garçons
In the fall of 2008, H&M collaborated with the Japanese fashion label Comme des Garçons to release a collection that included accessories, fragrance, and clothing for adults and children.
2009-11-14
Jimmy Choo limited-edition diffusion collection for H&M
On 14 November 2009, H&M released a limited-edition collection by Jimmy Choo, featuring handbags, shoes, and clothing for men and women, available in 200 stores worldwide.
2009-12-05
Sonia Rykiel collaboration with H&M
Sonia Rykiel collaborated with H&M to design a range of ladies knitwear and lingerie that was released in select company stores on 5 December 2009.
2010-03
H&M Opens Stores in Israel
H&M started operating stores in Israel in March 2010, with its first store in Tel Aviv. As of December 2023, H&M has 24 stores in Israel, mainly in the Gush Dan region.
2010-09
Lanvin collaboration with H&M
In fall 2010, H&M partnered with French fashion house Lanvin to create the 'Lanvin Hearts H&M' collection, offering Lanvin clothing at more affordable prices for the average consumer.
2011-05
Elin Kling collaboration with H&M
For Spring and Summer 2011, H&M worked with fashion blogger Elin Kling to release a collection exclusively available at select stores.
2011-06
H&M collaboration with Versace
H&M announced a collaboration with Versace in June 2011, which was later released on 19 November. Versace allowed H&M to use its name for a fee without involvement in the design process.
2011-11
H&M collaboration with Marni
H&M announced a collaboration with Marni in November 2011. The campaign launched in March 2012 and was directed by Sofia Coppola.
2012-06-12
H&M collaboration with Maison Martin Margiela
H&M confirmed a collaboration with Maison Martin Margiela in June 2012, with the collection hitting stores on 15 November 2012. Maison Martin Margiela allowed H&M to use its name for the collaboration.
2012-10-04
Anna Dello Russo accessories collection launch
Vogue Japan editor Anna Dello Russo launched an accessories collection with H&M on 4 October 2012 during Paris Fashion Week. The collection was available in 140 H&M stores worldwide and online.
2013-01-02
Allegations of Slave and Child Labor in H&M's Supply Chain
On January 2, 2013, The Ecologist reported accusations by Anti-Slavery International that H&M was involved in exploiting child and adult forced labor in Uzbekistan's cotton industry, despite concerns raised by human rights organizations.
2013-03-08
H&M Revamp and Launch of & Other Things
In 2013, H&M revamped their Oxford Street store in London and launched a new sister brand called & Other Things on Regent Street. This move marked a significant milestone in the retailer's expansion and growth.
2013-05-19
Factory collapse in Phnom Penh
On 19 May 2013, a textile factory in Phnom Penh, Cambodia that produced apparel for H&M collapsed, injuring several people and raising concerns about industrial safety regulations.
2013-11-25
H&M commits to paying textile workers 'living wage'
In November 2013, H&M's global head of sustainability pledged to ensure that all textile workers are paid a 'living wage' by 2018, addressing the slow government response to poor working conditions in countries like Bangladesh. Wages in Bangladesh were raised from 3,000 takas to 5,300 takas a month.
2014-11-06
H&M collaboration with Alexander Wang
During Coachella Valley Music and Arts Festival in California, H&M announced its collaboration with American designer Alexander Wang. The collection was released in select 250 stores worldwide on 6 November 2014.
2015-11-05
Balmain collaboration announcement with H&M
Balmain designer Olivier Rousteing announced the collaboration with H&M through his Instagram page, and the collection was released on November 5, 2015.
2016-01
H&M controversy over tallit-like scarf
In January 2016, H&M faced backlash for selling a tallit-like beige and dark blue striped scarf in its Israeli stores, which was deemed offensive to Jews.
2016-06
Campaign for worker safety in Bangladesh
In June 2016, SumOfUs launched a campaign pressuring H&M to fulfill its commitment to protect Bangladesh's garment workers after the Rana Plaza collapse.
2016-11
H&M collaboration with Kenzo
In November 2016, H&M released a designer line in collaboration with Kenzo.
2017-10-20
Collaboration between designers and H&M
H&M has a long history of collaborating with renowned designers, starting with Karl Lagerfeld in 2004. This collaboration trend continued with other top designers creating collections for the fast fashion giant, which often sold out quickly and became highly sought after in the secondary market.
2018-04
Jeremy Scott and Moschino collaboration with H&M
Designers Jeremy Scott and Moschino collaborated with H&M in April 2018.
2019-07
H&M collaboration with Richard Allan
In July 2019, H&M collaborated with designer Richard Allan to revive the spirit of the swinging sixties.
2019-09
H&M halts leather purchases from Brazil
In September 2019, H&M stopped buying leather from Brazil due to the 2019 Amazon rainforest wildfires. The company stated that the ban would remain until there are reliable systems to ensure the leather does not harm the environment in the Amazon.
2020-09-16
H&M ends relationship with Huafu amid Uyghur labor controversy
On September 16, 2020, H&M announced the termination of its association with Huafu following allegations of Uyghur labor exploitation. The company clarified that it had no direct business dealings with a mill owned by Huafu Fashion Co.
2021-02-01
Military Coup in Myanmar and Labor Abuses in H&M Factories
After the military coup in Myanmar on February 1, 2021, labor groups urged H&M and other clothing companies to pull out from Myanmar due to fears of labor rights violations. Reports emerged of physical abuse of workers in Saung Oo Shwe Nay factory, a supplier of H&M, with the employer failing to take responsibility.
2021-03-24
H&M Faces Criticism and Boycott in China
On 24 March 2021, H&M became the first fashion brand to be targeted in China due to its stance on Xinjiang cotton, leading to its products being removed from Chinese e-commerce platforms, app stores, and facing backlash on social media.
2021-03-31
H&M Responds to Sales Decline in China
On March 31, H&M responded to a 23% sales decline in China for the second quarter of 2021 by vowing to rebuild trust and serve customers in a respectful way.
2022-03-02
H&M ends retail operations in Russia
H&M announced the closure of over 150 stores in Russia due to the Russian invasion of Ukraine, expressing solidarity with the people of Ukraine and prioritizing the safety of customers and colleagues in Russia. The decision also affected H&M stores in Ukraine, which remain closed.
2023-02-02
H&M Growth Case Study
Analyzing the development and expansion of H&M as a brand.
2024-01
H&M Australian school uniform advertisement controversy
In January 2024, H&M's Australian branch received criticism for a school uniform advertisement with the slogan 'Make those heads turn in H&M’s Back to School fashion', sparking concerns about young girls seeking unwanted attention.
2030
H&M's Sustainability Objectives
H&M aims to use only sustainable materials by 2030 and have a 'climate positive' supply chain by 2040, as part of its sustainability objectives.
2040
H&M's Sustainability Objectives
H&M aims to have a 'climate positive' supply chain by 2040, as part of its sustainability objectives.
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H&M

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H&M

Swedish multinational clothing company
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