Which company is the legal parent of the H&M fashion retail business?
Answer
H & M Hennes & Mauritz AB
H & M Hennes & Mauritz AB is the legal parent company of the H&M fashion retail business.
The name preserves the company’s historical development. Hennes was the women’s clothing retailer founded by Erling Persson in 1947, while Mauritz was added after the acquisition of Mauritz Widforss in 1968.
The company is commonly known simply as H&M in consumer-facing branding. Its corporate name is longer and is used in financial, legal and stock-market contexts. The company is headquartered in Stockholm and is listed on Nasdaq Stockholm.
H&M Group is a widely used organizational term, but it is not the same as the company’s full legal name. H&M Foundation is a separate philanthropic foundation rather than the parent retailer.