H&M: net sales in the United Kingdom (UK) 2017-2023
The Swedish clothing retailer Hennes & Mauritz, or H&M as it is widely known, achieved net sales worth around 17.5 billion Swedish Krona in the United Kingdom in 2023. The H&M Group operates globally in a number of markets and currently the UK market ranks among the top three, based on the company’s net sales figures.
H&M in the UK: a strong market
As of 2023, there were 4,369 H&M store locations up and running across the world. Of these, the number of H&M shops in the UK placed the country among the top markets with the strongest H&M presence. The UK is only beaten by the US and Germany, the former of which is the fashion company’s largest market.
H&M and other brands
Hennes und Mauritz is the main business of the H&M Group, but there are more brands under the same umbrella. After H&M’s clothing and home lines, COS is the group’s most visible brand in terms of number of markets. Other brands of the H&M Group include &Other Stories, Cheap Monday, Monki, Weekday, Arket and Afound.