When was H&M founded?

H&M was founded in 1947 and raised its 1st funding round 70 years after it was founded.

Where is H&M located?

H&M is headquartered in Stockholm, Sweden.

How many employees does H&M have?

As of May 31, 2026, the latest employee count at H&M is 86496.

Is H&M a funded company?

H&M is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 09, 2017.

When was the latest funding round of H&M?

H&M's latest funding was a $***** Grant (prize money) round on Jul 19, 2021, with participation from 1 investor.

What is the annual revenue of H&M?

Annual revenue of H&M is more than $1B as on Nov 30, 2025

Where does H&M rank among its competitors?

H&M ranks 1st amongst 84 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was PVH Corp, which secured $1.99M in Aug, 2022.

Who are the top competitors of H&M?

H&M's top competitors include American Eagle Outfitters, PVH Corp and Inditex. Among them, PVH Corp secured the most recent funding round in August, 2022.

H&M - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Internet first brand of fashion apparel wear for men and women. It is a Swedish multinational fast-fashion retailer offering affordable clothing, accessories, homeware, and beauty products. It product categories are women's tops, denim, dresses, men's athleisure, kids' clothes, home decor, and beauty items. In 2022, the company recorded annual revenues of $22.23B and a net profit of $0.38B.

Website: hm.com
Social
Email ID: *****@hm.com
Phone Number: +46 **********

Key Metrics

Founded Year

1947

Location

Stockholm, Sweden

Stage

Public

Latest Funding Round

Grant (prize money), Jul 19, 2021, $*****

Investors

Independents United & 2 more

Ranked

1^st among 84 active competitors

Annual Revenue

$1B+ as on Nov 30, 2025

Employee Count

86,496 as on May 31, 2026

Investment & Acquisitions

AltMat & 7 more

Similar Companies

American Eagle Outfitters & 7299 more

Exit Details

Public

View H&M's full profile

H&M is associated with 9 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
H & M HENNES & MAURITZ AS CIN: 912618900 , Norway, Active	Dec 29, 1959	$100M - $500M (As on Dec 31, 2023)	2833 (As on Dec 31, 2022)
HM CLOTHING PRIVATE LIMITED CIN: U74999KA2017PTC105901 , India, Active	Aug 28, 2017	₹10 - ₹50 Cr (As on Mar 31, 2025)	4 (As on Oct 31, 2024)
H&M SERVICES PRIVATE LIMITED CIN: U72900KA2020FTC131417 , India, Active	Jan 09, 2020	₹100 - ₹500 Cr (As on Mar 31, 2025)	736 (As on Apr 01, 2026)
HM COLUMBUS, LLC CIN: 1637660 , United States, Active		$1M - $5M (As on Mar 26, 2015)	-	-
HM BEAUTY STUDIO LTD CIN: 12817679 , United Kingdom, Active	Aug 16, 2020	£0 - £1M (As on Aug 31, 2023)	1 (As on Aug 31, 2024)
H & M Hennes & Mauritz Retail Private Limited CIN: U74140DL2013FTC262231 , India, Active	Dec 16, 2013	₹1,000+ Cr (As on Mar 31, 2025)	2415 (As on Mar 01, 2026)
H & M Hennes & Mauritz Ab CIN: 556042-7220 , Sweden, Active	Jul 07, 1943	$1B+ (As on Nov 30, 2025)	-	-
H & M HENNES & MAURITZ NEW ZEALAND LIMITED CIN: 5764110 , New Zealand, Active	Aug 13, 2015	-	-
H & M HENNES & MAURITZ INDIA PRIVATE LIMITED CIN: U00265KA2005PTC069845 , India, Active	Sep 16, 2005	₹100 - ₹500 Cr (As on Mar 31, 2025)	146 (As on May 01, 2026)

H&M has raised funding over 8 rounds. Its first funding round was on Jan 09, 2017. Its latest funding round was a Grant (prize money) round on Jul 19, 2021 for $*****. 1 investor participated in its latest round. H&M has 3 institutional investors.

Here is the list of recent funding rounds of H&M:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 19, 2021	1370163	Grant (prize money)	1807138	5056517	2511869	3793302
Apr 26, 2021	2793648	Grant (prize money)	7326552	7937478	5397074	Gov.cz
Jan 22, 2021	4281892	Grant (prize money)	6904742	9515957	6059837	Gov.cz

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View details of H&M's funding rounds and investors

The founders of H&M is Erling Persson.

Here are the details of H&M's key team members:

Erling Persson: Former Founder of H&M.
Contact Info: 1 email address
Karl Johan Persson: ex-CEO of H&M. They are also an angel investor in 4 startups.
Contact Info: 1 email address

View details of H&M's Founder profiles and Board Members

H&M's employee count trend

H&M has 86,496 employees as of May 26. Here is H&M's employee count trend over the years:

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Top competitors of H&M include American Eagle Outfitters, PVH Corp and Inditex. Here is the list of Top 10 competitors of H&M, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	H&M 1947, Stockholm (Sweden), Public	Internet first brand of fashion apparel wear for men and women	-	Independents United, Europa & 1 others	70/100
2nd	American Eagle Outfitters 1977, Pittsburgh (United States), Funding Raised	Company offering multi-category fashion products for men and women	-	Terbell Partners, PNC	72/100
3rd	PVH Corp 1881, New York City (United States), Public	Brand of fashion apparel wear for men and women	-	Apax, LNK Partners & 2 others	69/100
4th	Inditex 1974, Arteixo (Spain), Acquired	Retailer of fashion products	-	Europa, Gov.cz	67/100
5th	Abercrombie and Fitch 1892, Columbus (United States), Acquired	Internet first brand of fashion apparel wear for men and women	-	-	66/100
6th	H&M Group 2009, Stockholm (Sweden), Public	Brand of casual wear for men and women	-	Europa, Ministerstvo Hospodárstva Slovenskej Republiky ... Read more	63/100
7th	Levi Strauss 1853, San Francisco (United States), Public	Brand of fashion apparel for men and women	-	HTIF, LNK Partners & 1 others	63/100
8th	Joe's Jeans 2010, Commerce Charter Township (United States), Acquired	Online retailer of denim jeans, clothing, and related fashion apparel	$12.5M	Victory Park Capital Advisors, Palladin Consumer Retail Partners ... & 2 others	62/100
9th	Salvatore Ferragamo 1927, Firenze (Italy), Public	Brand offering multi-category fashion products for men and women	-	-	60/100
10th	GUESS 1981, Los Angeles (United States), Public	Online retailer of apparel, handbags, footwear, and accessories	-	-	58/100

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H&M has not made any acquisitions yet. H&M has made 8 investments.

Here is the list of latest three $investments:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 06, 2025	Investments	AltMat	2019	Ahmedabad (India)
Oct 27, 2020	Investments	Sheertex	2017	Montreal (Canada)
Oct 16, 2018	Investments	Thread	2012	London (United Kingdom)