Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Who owns the high street: H&M group

Includes H&M, Cos, Weekday, & Other Stories, Monki, Arket

A trip to London shopping hub Regent Street reveals the H&M group’s growing influence on the high street. As well as several H&M stores around the area, the Swedish group opened flagships for new concept Arket and young fashion brand Weekday last summer. Stores from its other fascias Cos, Cheap Monday, & Other Stories and Monki are all less than a five-minute walk away. 

Swedish entrepreneur Erling Persson opened the first Hennes (Swedish for ”her”) in the city of Västerås in 1947, buying hunting and fishing retailer Mauritz Widforss in 1968 and rebranding as Hennes & Mauritz. The Swedish giant remains a family-run business – the Persson family own 41.7%. The company is run by chief executive Karl-Johan Persson, grandson of the founder.

Off-price concept Afound, due in Sweden this year, could also make its way to UK shores.  

 

 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.