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STEFAN PERSSON

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Europe, which is known as a fashion center, makes Stefan Persson one of the richest people in the world. Persson is the heir and owner of clothing retailer Hennes & Mauritz aka H&M. Persson was born in Stockholm, Sweden on October 4, 1947. He was the CEO of H&M from 1982-1998. His father, Erling Persson, founded the women's clothing store, Hennes in Västerås, Sweden, in 1947. The company added another store in Stockholm and soon became a fashion fixture on the Swedish market. That's why they finally expanded their reach to other European countries. Men's clothing was added through the acquisition of Swedish hunting gear retailer Mauritz Widforss in 1968, after which the company was commonly known as H&M as a retailer selling men's and women's clothing. Persson, who joined the family company in 1972, helped lead the European expansion. His presence added to the expansion to England and opened the first H&M store in London, England in 1...
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STEFAN PERSSON

Europe, which is known as a fashion center, makes Stefan Persson one of the richest people in the world. Person is the heir and owner of clothing retailer Hennes & Mauritz aka H&M. Person is a man born in Stockholm, Sweden on October 4, 1947. He was the CEO of H&M from 1982-1998. His father, Erling Persson, founded the women's clothing store, Hennes in Västerås, Sweden, in 1947. The company added another store in Stockholm and soon became a fashion fixture on the Swedish market. That's why they finally expanded their reach to other European countries. Men's clothing was added through the acquisition of Swedish hunting gear retailer Mauritz Widforss in 1968, after which the company was commonly known as H&M as a retailer selling men's and women's clothing. Persson, who joined the family company in 1972, helped lead the European expansion. His presence added to the expansion to England and opened the first H&M store in London, England in 1976. Aft...
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