With its extensive business network, Sweden-based multinational retail-clothing company H&M has become one of the world's leading fashion companies. H&M had a total of 3,924 stores by the end of 2015, expanding its global reach to 61 countries across six continents including e-commerce in 23 of them. Last year the company added 16,000 employees to its roster of designers, pattern makers, buyers and other staff, increasing the total number of H&M employees to 148,000.
The first H&M store opened in 1947 in Västerås, Sweden, and was a small women’s wear shop. Now, H&M has six different fashion brands available in its stores worldwide and is expanding rapidly. During 2015, the company opened 413 new stores, adding traditional stores in five new markets - India, Macau, Peru, South Africa, and Taiwan - and expanding its e-commerce network to 10 new countries.
H&M plans to further develop its global presence with an annual expansion rate of 10 to 15 percent. By the end of 2016, H&M expects to have storefronts in 64 markets and e-commerce offerings in 32 markets. Of the 425 new stores planned for this year, three will be in new markets: Cyprus, New Zealand, and Puerto Rico. The brand will also reach nine new e-commerce markets, including Croatia, Estonia, Greece, Ireland, Japan, Latvia, Lithuania, Luxembourg, Slovenia.
H&M's corporate business concept is anchored on sustainability, a concept enabled by the company's global footprint. In 2015, H&M was awarded the 'Industry Mover' distinction in the global retail sector by the RobecoSAM's Sustainability Yearbook for achieving the largest proportional improvement in sustainability performance compared to the previous year.
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Every year, Fortune magazine publishes two lists of companies ranked by revenue: Global 500 - a list of top 500 worldwide companies, and Fortune 500 which is a list of top 500 United States corporations. 2016 was the year Forbes marked its' 63rd running of the Fortune 500 list. In this dashboard, the data for the Fortune 500 companies is presented. As of 2016, Fortune 500 companies together represented two-thirds of the US GDP with $12 trillion in revenues, $890 billion in profits, $19 trillion in market value, and employed 28.2 million people worldwide. In 2016, WalMart Stores - which retook the top spot again - followed by Berkshire...
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See also: America's Fortune 500 Companies | Top 200 Banks in Africa | Top 500 Companies in Africa Source: World's Top Banks, 2013
See also: America's Fortune 500 Companies | World's Top Banks | Top 200 Banks in Africa Source: Top 500 Companies In Africa, 2013