The Infosys Business of the Year Award with Turnover of €150m or higher
H&M is a Swedish retail clothing company for women, men, teenagers and children. It has over 2,300 stores in 40 countries and employs over 87,000 people. The design team in the company’s Sweden office controls the steps of production from merchandise planning to establishing specifications, and production is outsourced to approximately 800 factories in Europe and Asia. All of H&M’s stores are profitable and the company has never failed in any market. Retail and online shopping expansion continues in existing markets as well as in new markets with existing and new formats.