Erling Persson
Swedish businessman
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.2
From Wikipedia’s article on Erling Persson (this version), CC BY-SA 4.0.
Born Jan 21, 1917, died Oct 28, 2002.1
About
He established the company in Västerås, Sweden, in 1947 selling women's clothing, calling it Hennes, Swedish for "hers." In 1968, Persson acquired the premises and inventory of a Stockholm hunting equipment store named Mauritz Widforss.
In 1982, his son, Stefan Persson took over as the managing director, and he was the chairman of the board until 2020 when he was succeeded by his own son. The Persson family owns about 47% of the company and has a 74% voting rights. He died in Stockholm on 28 October 2002.
From Wikipedia’s article on Erling Persson, shared under CC BY-SA 4.0.2
Companies
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataErling Persson on Wikidata
- 2WikipediaErling Persson on Wikipedia
- 3WikidataH&M, Founder