H&M, a globally recognized fashion retailer, is primarily associated with the Persson family, who hold a significant ownership stake.
H&M (Hennes & Mauritz AB) was originally founded by Erling Persson in Västerås, Sweden, in 1947. Over the decades, it has grown into one of the world's largest fashion companies.
Based on available information, including the provided reference:
- The company is now run by Erling Persson's son, Stefan Persson.
- Stefan Persson is the majority shareholder of H&M.
- His grandson, Karl-Johan Persson, also holds a key position in running the company.
While H&M is a publicly traded company with shares owned by various individuals and institutions, the Persson family, through Stefan Persson's majority shareholding, retains substantial control and influence over the company's direction and operations.
This structure is common for many large, established companies where the founding family maintains a dominant ownership position even after going public.
In summary, while shares are publicly available, Stefan Persson is the majority shareholder of H&M, continuing the legacy initiated by his father, Erling Persson, who founded the company.
