Company Comparison Presentation XXI vs. H&M Company Comparison Presentation

Company Description XXI H&M Headquarter in Los Angeles offers cheap and chic apparel and accessories for women, men, teens, and kids. 450 stores mainly in US, Canada, and a dozen Asian countries cloth made in Southern California Headquarter in Sweden offers cheap clothing, mainly for men and women ages 18 to 45, children's apparel, and its own brands of cosmetics. 2000 stores in 35 countries, most of them in Europe countries. Germany is their #1 market 60% of cloth made in Asia.

Company History XXI H&M CEO Don Chang and his wife was the founder. Founded in year 1984 . Opened the first store in Los Angeles, CA. Fashion 21 was the name they began with. Founder was Erling Persson. Opened the first store in Vasteras, Sweden . Founded in year 1947. The name they began with Hennes.

Revenue Growth XXI H&M Their revenues at US$1.7 billion in 2008. Their revenue has almost closely reached to 3 billion in 2009. H&M’s sales excluding US$13.7 billion in 2008, with profit after tax up 13% to US$2.4 billion. But the rate dropped -4.1% in 2009 .

Financial Information & Potential Growth XXI H&M In seven years, Forever 21 has grown from 1 million square feet of space to 10 million. This year it plans to open at least 75 more stores in five countries. Forever 21 had a profit of $135 million in 2008. And it did all this without selling any item for more than $60. Today, Forever 21 has made nearly $3 billion, 477-store, and 35,000-employee chain. Growth in Asia especially in China and Hong Kong is especially strong, and makes up for declines in profit in Spain. Although growth in internet retailing sales is particularly promising for clothing and footwear retailers, H&M has been a late entrant and will struggle to seize the opportunities offered by this channel.

Subsidiary Companies XXI H&M Gadzooks Doesn’t have much… (Also is a cloth retail…) Have Subsidiary to countries: H& M Hennes & Mauritz AB H&M Hennes & Mauritz LP. H&M Hennes & Mauritz UK Ltd.

Relevant News Forever 21 to Donate All Online Sales Made Today to Disaster Relief in Japan H&M and Inditexboth rise to the challenge and plan to develop internet retailing.

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