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Erling Persson (21 January 1917 – 28 October 2002) was the founder of H&M (Hennes & Mauritz). He got the idea following a post-World War II trip to the United States: He was impressed by the country's efficient, high-volume stores.
Inspired by his trip to New York City the year before, Swedish entrepreneur Erling Persson opens a new womenswear store in Västerås, Sweden. He calls it Hennes, Swedish for “Hers”. The soon-to-be-famous Hennes logotype is designed by the founder himself.
Nov 1, 2002 · Erling Persson, the founder of the fashion retailer Hennes & Mauritz, popular worldwide for its concept of ''disposable chic,'' died on Monday at his home here. He was 85. H&M has...
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Oct 30, 2002 · PARIS — Erling Persson, the founder of global fast-fashion phenomenon H&M, died Monday in Stockholm after a short illness. He was 85.
The business was established in 1947 by Erling Persson when he opened his first shop in Västerås, Sweden. The shop was called Hennes (Swedish for 'hers') and only sold women's clothing. Another store opened in Norway in 1964.
H&M Foundation is privately funded by the Stefan Persson family, founders and main owners of the H&M Group. We use philanthropic resources to find, fund and facilitate disruptive innovations, initiatives and research that enable a socially inclusive and planet positive textile industry.
Carl Stefan Erling Persson (Swedish: [ˈstěːfan ˈpæ̌ːʂɔn]; born 4 October 1947) is a Swedish billionaire businessman. In March 2013, Forbes reported Persson's net worth as $28 billion making him the richest of Sweden's 12 billionaires and the 17th richest person in the world; he has since dropped to number 50.
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