Top 10 Apparel Brands in the World 2018

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6) H&M

H&M (Hennes & Mauritz AB) is a Swedish based international company headquartered at Stockholm that offers its apparel and accessories to a worldwide market.

Image: Wikimedia

Established in 1947 by Erling Persson, H&M is the largest retailer that provides fast-fashion clothing and accessories for men, women, children as well as teenagers. H&M has collaborated with famous designers and celebrities to promote its apparel.

H&M also takes design collections from renowned designers that have helped H&M to provide trend-setting and new range of clothing collection and accessories to its customers. H&M has also been able to create a significant presence in the online market.  H&M has eight brands such as COS, Weekday, Monki and Cheap Monday etc. H&M is set to launch its ninth brand, Afound in 2018. Afound will give customers exclusive range of famous fashion and lifestyle brands for both men and women at discounted price. In 2017 H&M launched online services for eight new markets including Turkey, Singapore, Malaysia, Cyprus etc. The H&M has online presence in 44 markets as of December 2017. In 2018 H&M is anticipated to open 390 new retail stores. The company has more than 4500 retail stores worldwide The current CEO of H&M is Karl-Johan Persson and the company has total 161,000 employees as of 2017.

Profit (in million $): 1746.86

Sales (in million $): 21587.98

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