The Swedish clothing retailer Hennes & Mauritz, or H&M as it is widely known, achieved net sales worth around 17.5 billion Swedish Krona in the United Kingdom in 2023. The H&M Group operates globally in a number of markets and currently the UK market ranks among the top three, based on the company’s net sales figures.
H&M in the UK: a strong market
As of 2023, there were 4,369 H&M store locations up and running across the world. Of these, the number of H&M shops in the UK placed the country among the top markets with the strongest H&M presence. The UK is only beaten by the US and Germany, the former of which is the fashion company’s largest market.
H&M and other brands
Hennes und Mauritz is the main business of the H&M Group, but there are more brands under the same umbrella. After H&M’s clothing and home lines, COS is the group’s most visible brand in terms of number of markets. Other brands of the H&M Group include &Other Stories, Cheap Monday, Monki, Weekday, Arket and Afound.
Net sales of the clothing company Hennes & Mauritz AB (H&M) in the United Kingdom (UK) from financial years 2017 to 2023
(in million Swedish Krona)
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H&M. (April 4, 2024). Net sales of the clothing company Hennes & Mauritz AB (H&M) in the United Kingdom (UK) from financial years 2017 to 2023 (in million Swedish Krona) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/730771/h-and-m-sales-value-united-kingdom-uk/
H&M. "Net sales of the clothing company Hennes & Mauritz AB (H&M) in the United Kingdom (UK) from financial years 2017 to 2023 (in million Swedish Krona)." Chart. April 4, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/730771/h-and-m-sales-value-united-kingdom-uk/
H&M. (2024). Net sales of the clothing company Hennes & Mauritz AB (H&M) in the United Kingdom (UK) from financial years 2017 to 2023 (in million Swedish Krona). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/730771/h-and-m-sales-value-united-kingdom-uk/
H&M. "Net Sales of The Clothing Company Hennes & Mauritz Ab (H&m) in The United Kingdom (Uk) from Financial Years 2017 to 2023 (in Million Swedish Krona)." Statista, Statista Inc., 4 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/730771/h-and-m-sales-value-united-kingdom-uk/
H&M, Net sales of the clothing company Hennes & Mauritz AB (H&M) in the United Kingdom (UK) from financial years 2017 to 2023 (in million Swedish Krona) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/730771/h-and-m-sales-value-united-kingdom-uk/ (last visited November 10, 2024)
Net sales of the clothing company Hennes & Mauritz AB (H&M) in the United Kingdom (UK) from financial years 2017 to 2023 (in million Swedish Krona) [Graph], H&M, April 4, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/730771/h-and-m-sales-value-united-kingdom-uk/