Our story
The H&M Foundation is a philanthropic organisation privately funded by the Persson family, founders and majority owners of the H&M Group. Although we share a name, we are financially, strategically, and organisationally independent from H&M Group.
Our vision is to enable a socially inclusive and planet positive textile industry.
When my grandfather, Erling Persson, founded H&M in , it was with a long-term perspective and with strong values. This philosophy was passed on to my father, Stefan Persson. His message to me growing up was that our family can, and should, also contribute to positive change beyond the company sphere. The H&M Foundation is a long-term commitment from my family and the work has just begun.
Karl-Johan Persson, board member of H&M Foundation
Our heritage and our reason for being forms our DNA, which includes putting impact first, promoting systems change and pioneering solutions. This informs us in our strategies and everyday work.
We believe that change is best achieved when a diverse group of people join forces and commit to a common agenda to solve complex challenges. For us, that means creating agile ecos
Biography of Nancy
Nancy A. is a Ukrainian model who captures the attention of people around the globe for her presence in the AV industry. She has attractive body measurements which makes her bold scenes more captivating. She occupies her space in the entertainment field for specific reasons. Her creativity caught the attention of her fans.
Here are some specifications of Nancy to discuss with you including her career journey, educational background, family history, living place, plans, upcoming projects and a lot more.
Table of Contents
| Real Name | Nancy Ace |
| Nickname | Jane F. Erika Nancy Ace Nancy Ambrosia Jane Nancy |
| Date of Birth | 17 November |
| Body Measurement | 32C |
| Height | cm m 5 ft 4 in |
| Weight | 47 KG lbs (pounds) |
| Eyes Color | Blue |
| Hair Color | Blonde |
| Zodiac Sign/Sun Sign | Capricorn |
| Shoe Size | Will be updated in a short while |
| Age | 29 Years old |
Nancy was born in Ukraine and her birthplace is considered Kyiv. She was born in and the day she celebrates her birthday is November So according to statistics, she is in her 29th year of age. Her current residency is updated as Budapest, Hungary.
Pintos Column
Origin and Founders&#; Story
H&M, short for Hennes & Mauritz, is a globally recognized fashion retailer that began its journey in The company was founded by Erling Persson, a Swedish entrepreneur who was inspired by a trip to the United States. During his visit, Persson observed the efficient, high-volume retail clothing stores and envisioned bringing a similar concept to Sweden. Upon returning, he opened his first store in Västerås, Sweden, under the name &#;Hennes,&#; which means &#;hers&#; in Swedish, focusing exclusively on women&#;s clothing.
In , Persson expanded his business by acquiring Mauritz Widforss, a Stockholm-based hunting and fishing equipment store. This acquisition led to the inclusion of menswear in the product range, and the company was rebranded as Hennes & Mauritz, or H&M. This strategic move marked the beginning of H&M&#;s transformation into a comprehensive fashion retailer.
Three Famous Anecdotes
- The Karl Lagerfeld Collaboration: In , H&M made waves in the fashion industry by collaborating with the legendary designer Karl Lagerfeld. This partnership was groundbreaking as it brought high fashion to th
Erling Persson and his Fashion Empire
One of the successful clothing retailers was born in Borlange, Sweden on January 21 in the year His name was Erling Persson, the founder of clothing empire H & M (Hennes & Mauritz).
Erling Persson was the son of a farming couple and he grew up in a rural town located northwest of Stockholm, the capital city. With little formal education, he moved to Stockholm and found work as a salesman. He visited the United States after World War II and got impressed with the large assortment of goods especially clothing that were for sale.
Back to Sweden in , he opened his own women’s clothing retail house in Vasteras, 60 miles from Stockholm. He called it Hennes, meaning ‘hers’ in Swedish, and designed the logo himself. The business grew and later, he put up branches in Stockholm. To generate more business, he put up full-page color ads in newspapers and magazines, one of the pioneers to do so.
In , Erling Persson acquired Mauritz, a hunting gear and clothing store and renamed his company Hennes and Mauritz. The hunting equipment and all other items unrelated to clothing were discontinued and the company was focused on women’s and m
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