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H&M Brand Analysis

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H&M Brand Analysis
COMPETITION IN THE GLOBAL MASS-FASHION MARKET

FASHION COMPANY MANAGEMENT LEVEL 4 FASHION MARKETING & COMMUNICATION General Overview

General Overview
 H&M Hennes & Mauritz AB is a Swedish global retail-clothing company,

known for its fast-fashion.
 2,500 stores are spread across 44 markets.

 Germany is H&M’s largest market, followed by the US, France and the UK.
 H&M has more than 20 country offices that are responsible for the various

departments in each sales country.
 local H&M production offices managing contacts with approximately 700

independent suppliers.

General Overview-Business Concept
“Give the customer unbeatable value by offering fashion and quality at the best price. Although create collections that are accessible to all”
 They ensure the best price by:
 

 

having few middlemen having a broad, in-depth knowledge of design, fashion and textiles buying the right products from the right markets being cost-conscious at every stage

General Overview-Business Concept
 H&M is driven by seven important core values:
  


  

Keep it simple Straight forward and open-minded Constant improvement Entrepreneurial spirit Cost conscious Team work Belief in people

 H&M does not own any factories.  Production is outsourced to independent suppliers  H&M rents store space from international and local landlords.

General Overview-Business Concept
 Growth market: H&M’s growth target is to increase the number of stores by 10-15 percent per year, and at the same time increase sales in comparable units.

 Global expansion: H&M stores should always be located in the best business locations.

 Idea and Design: the process is the balance between fashion, quality and the best price.

 Logistic and Distribution: More than 90 percent of all transports already go via ocean, rail or road. H&M logistics are guided by three important keywords: simplicity, reliability and transparency.

Strengths

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