H&M – Company Research Report

 


                                                     Original Content: Business Upside

About H&M

Hennes & Mauritz, widely famous as H&M is a multinational Swedish firm for clothing retail. It is known for dealing with clothing that is fast changing for children, teenagers, women, and men. It was founded in 1947 by Alexander Popke and Erling Persson. It has its headquarter in Stockholm, Sweden. The current President and CEO of H&M are Helena Helmersson and Stefan Persson is the chairman. It is traded as Nasdaq Stockholm: HM B. As of November 2019, it had around 126376 employees worldwide.

The values of H&M when considered individually are obvious but when all of it is brought together, a new and unique culture is born. H&M values are a part of how they act, what they stand for, and who they are.

The values are as follows

  • We are one team

By this, the company means that diversity makes them strong and each colleague working in H&M makes a difference to the firm by coming together and sharing their experience, knowledge, and skills. While keeping the companies’ and customers’ best interests in mind, the colleagues help and encourage each other to achieve the company goals. Winning, losing, sharing the adventure, and having fun, are altogether as a team.

  • We believe in People

Anything is indeed possible if one trusts and belief people around them and that is the reason why h&m builds their workplace on integrity, inclusiveness, respect, and trust. They believe that the company develops with the development of its people through challenges.

  • Entrepreneurial spirit

One of the secrets of H&M being the second largest retail company in the world is the people working their act like entrepreneurs. Their success is built on innovation, creativity, and the excitement of making an immediate impact. Despite their role, they take initiative and look for opportunities to set their business in motion. They know the importance of continuing to break ground even after becoming big and famous. They continue to compete to win the heart of their clients everywhere, every single day.

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