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The Total retail space of H&M Hennes & Mauritz AB in United States of America (2017 - 2020, Sq. Ft.)

  • The Total retail space of H&M Hennes & Mauritz AB in United States of America reached 10,601.77 Sq. Ft. in 2020

  • The indicator recorded a historical growth (CAGR) of 2.60% between 2017 to 2020

The Total retail space of H&M Hennes & Mauritz AB in United States of America (2017 - 2020, Sq. Ft.)

Published: December 2021
Source: GlobalData

H & M Hennes & Mauritz AB (H&M) 

H & M Hennes & Mauritz AB (H & M) is involved in designing and retailing of fashion apparel and accessories. Its products portfolio includes shorts, cardigans, sweaters, blazers suits, t-shirts, sweatshirts, shirts, sports and swimwear, lingerie. The company also offers cosmetics and accessories such as jewelry, hats and gloves, belts and suspenders, home textiles, homeware, sunglasses, and watches. H&M offers these products under brand names such as H&M, AFound, COS, Monki, Weekday, Sellpy, Arket and & Other Stories. Apart from selling in-store, it offers products through various e-commerce channels. The company’s operations are spread across Europe, Africa, the Americas, Asia, and Oceania. H&M is headquartered in Stockholm, Sweden. 

The company offers products such as shirts, jeans, hoodies, cardigans, suits, jackets, swimwear, and shorts. It provides accessories such as hats, bags, jewelry, sunglasses, gloves, belts and suspenders and sportswear. Additionally, it offers cosmetics, home decor products for living room, outdoor, bedroom, bathroom, kitchen, and children’s room. 
 
H&M conducts business through leased store premises, and through franchises in certain markets. Apart from selling products in-store, it also sells products online through e-commerce sites. 

Products & services 

H&M is engaged in designing and retailing of fashion apparel and accessories. The company's major products, services and brands include the following: 

Products 

  • Tops  
  • Dresses  
  • Jumpsuits  
  • Basics  
  • Pants  
  • Skirts and blouses  
  • Shorts  

Services 

  • Online Retail Services 
  • Click and Collect 
  • Scan and Buy 

Corporate strategy 

The H&M group stands strong after a very challenging year. The group continues to manage the negative effects of the pandemic, while also strengthening its customer focus further and driving transformation at full speed to create the best customer offering and sustainable, profitable growth for the H&M group. The year 2020 was marked by the COVID-19 pandemic, which had a significant negative impact on the H&M group’s results. However, the group made a strong start to the year. Its positive trend from 2019 with more customers, more satisfied customers and increased full-price sales continued in the first quarter of 2020, when profits more than doubled compared with the previous year. As a result of transformation work and many years of investments focusing on the digital, this made a strong contribution to manage the challenges brought by the pandemic. The safety of their employees and customers has been the highest priority throughout. Due to extraordinary social measures to reduce the spread of the virus, stores were temporarily closed in many markets.  

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