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Hennes & Mauritz
Our Group Members NameName ID No.Mazadul Hasan SheshirSuman Paul Md. Salauddin Sohag Rakesh Sarker
2010000400008201000040001020100004000122009100400094
Southeast University Department Of Textile
EngineeringI/A 251,252 Tejgaon Dhaka Bangladesh
H & M Hennes & Mauritz is a Swedish multinational retail-clothing company, known for its fast-fashion clothing for men women, teenagers and children.
H&M also sells own-brand cosmetics, accessories, footwear and a textile interiors concept.
There are around 2,700 H&M stores in more than 40 countries and 94,000 employees all work hard to bring you fashion and quality at the best price.
History of1947 The first store opens in Västerås, Sweden,
selling women’s clothing. The store is called Hennes.
1952 Hennes opens in Stockholm.1964 The first store outside Sweden opens in
Norway.1968 The name is changed to Hennes &
Mauritz.1976 The first store outside Scandinavia opens
in London, UK.1980 Stores open in Germany and the
Netherlands.2000 The first US store opens on Fifth Avenue
in New York.
History of H&MHistory of H&M2007 The first Asian stores open in Hong
Kong and Shanghai. 2008 H&M opens its first store in Tokyo,
Japan. 2009 The first H&M stores open in Russia. 2010 The first H&M stores open in South
Korea and Turkey.2011 H&M opens in Romania, Croatia
and Singapore as well as via franchise in Morocco and Jordan.
2012 H&M plans to open in Bulgaria, Latvia, Malaysia, Mexico and via franchise in Thailand.
Mission & Vision
H&M’s growth target is to increase the number of stores by 10–15% per year and at the same time increase sales in comparable units.
Their vision is that all business operations shall be run in a way that is economically, socially and environmentally sustainable, they mean that the needs of both present and future generations must be fulfilled.
SUPPLY CHAIN MANAGEMENT
Supply chain management involves planning, design, maintenance and control of the flow of materials and information along the chain in order to efficiently satisfy customers requirements .
They always promised to give new design to the market.
They have special designer team.
This new product is produce from there workshop.
They also collect design from world famous designer from different fashion show.
H&M Supply Chain
Fashion and quality at the best price – that is H&M’s basic business concept. Their designers, pattern makers and buyers create H&M’s collections together. It is about creating a good balance between fashion, quality and the best price. That means men, women, youth and children can all find something just for them at H&M – independently of their age, taste or individual style.
Planning the RangeA balanced mix of modern
basics, current fashions and the very latest trends – all within each H&M concept. The H&M range should always reflect what the customers are looking for while inspiring new styles and fashion expressions.
Each H&M concept has its own team of designers, buyers, assistants and pattern makers, which also includes a section manager and a controller.
ProductionH&M does not own any factories. Instead,
clothes and other products are commissioned from around 700 independent suppliers, primarily in Asia and Europe.
All practical aspects are dealt with by our production offices. These production offices, where most of the employees are drawn from the local population, are in constant contact with the suppliers.
The production offices also carry out checks to ensure that production takes place under good working conditions.
Logistics and distribution
The right product has to arrive in the right place, at the right time and at the right cost.
H&M logistics are guided by three important keywords: simplicity, reliability and transparency.
Simplicity – logistics must not become too complicated.
Reliability – the fastest is not always the best. Instead H&M priorities the most reliable and greenest method.
Transparency – information must be exchanged between all links in the logistical chain.
Retailing The store and its display windows are the most important
communication channel H&M has with its customers. The layout of the display windows should suggest a feeling, without taking focus away from the clothes.
The window display – where the customer first meets H&M – is perhaps the most important part of the store. Displays, both in windows and inside the stores, are changed frequently.
Shop onlineH&M Online Shop, now available in eight countries,
including Germany, the Netherlands, Austria and the Nordic region. The latest addition is the UK – one of H&M’s biggest markets. Next year, H&M Shop Online will be available for customers all over the huge market of the US.
A map of H&M retail shop in Europe & England
H&M BUSINESS MODEL
Fashion and quality at the best price.Growth target of 10-15% per year Value driven companyH&M does not own any factoriesEvery store should to be in the best business locationCustomers are always in focus.
H&M is driven by seven important core values
1. Keep it simple2. Straight forward and open-minded3. Constant improvement4. Entrepreneurial spirit5. Cost conscious6. Team work7. Belief in people
Corporate Social Responsibility
Code of Conduct & Sustainability Policy –the backbone of H&M’s work
It includes the following requirements: CSR work is based on a drive for
continuous improvement. compliance with local labor law statutory pay and working hours ban on child labor ban on discrimination ban on forced labor health & safety in the workplace right to organize & bargain collectively compliance with local environmental legislation. Water samples from factories with water treatment Cooperating tightly with UNICEF Increased use of organic cotton Climate-smart transport solutions.
Expansion 1974* — 2011
Five-year summary
2010/11
2009/10
2008/09
2007/08
2006/07
Sales including VAT, SEK m
128,810
126,966
118,697
104,041
92,123
Sales excluding VAT, SEK m
109,999
108,483
101,393
88,532
78,346
Operating profit, SEK m20,37
924,65
921,64
420,13
818,38
2Profit after financial items, SEK m
20,942
25,008
22,103
21,190
19,170
Profit after tax, SEK m15,82
118,68
116,38
415,29
413,58
8Number of stores 2,472 2,206 1,988 1,738 1,522Average number of employees
64,874
59,440
53,476
53,430
47,029
The collectionsH&M's designers create
a large fashion selection - for women, men, teenagers and children.
Everything from dazzling party collections to quintessential basics are part of the H&M range. Clothes and accessories are complemented by H&M Home’s fashion interior textiles.
WomenMenKidsDividedDenimAccessoriesUnderwearCosmetics
Ladies Product H&M’s women swear comprises a wide range of fashion for all –
always with a focus on quality, sustainability and the right price.
Shirts & Blouses Cardigans & Sweaters Pants Jeans Shorts Dresses Skirts Jackets & Coats Blazers & Waistcoats Sportswear Swimwear Lingerie Sleepwear Socks & Tights
Note: Price May Not Valid
Men Products 1. T-shirts & Vests 2. Shirts3. Pants4. Sweaters 5. Jackets & Suits 6. Jeans 7. Jackets & Coats 8. Sportswear & Shoes9. Underwear & Socks
Note: Price May Not Valid
Kids Products Soft on the skin, but designed to withstand
lively play and rigorous washing. The H&M Kids department offers everything from pretty little dresses to supercool tops and trousers in sizes from baby–14 years.
Newborn Size 0-6mBaby Girl Size 4-24mBaby Boy Size 4-24mGirl Size 1 ½- 8yBoy Size 1 ½- 8yGirl Size 8y-14+Boy Size 8y-14+
Note: Price May Not Valid
Summary:
H&M maintain their business from Sweden office.They establish design & produce in different country,
where the material and labor cost is low.They confirm order by local buying house for subcontract
production.On 27 January 2011, H&M announced through its official
Twitter account that there will be online shopping available to USA customers.
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