Entertainment

The H&M Success Story: Leading the World in Fast Fashion and Sustainable Style

The first international H&M branches appeared in the neighboring Nordic countries of Norway and Denmark, with shops popping up in the United Kingdom and Switzerland right after. The company began to sell underwear and intimate apparel in 1973, as well as tapping ABBA member Anni-Frid Lyngstad to be the brand’s very first celebrity endorser promoting their cosmetics collection. As the company entered the 1980s, H&M set its sights on further global expansion. In 1982, Erling Persson officially handed the reins of the company to his son, Steffan Persson, who took over as the CEO of the brand. Capitalizing on their continuing success, H&M expanded to more outlets across the European continent.

By the 1990s, they generated enough buzz and a massive following among consumers that the company was confident enough to book the biggest supermodels of the day to star in their advertising campaigns. Boldfaced names such as Linda EvangelistaNaomi Campbell, and Christy Turlington fronted posters and billboards wearing cool but casual designs from H&M just as easily as they wore high-end designer clothing from all the top luxury brands being featured in the pages of countless fashion magazines. The company was also one of the very first to take advantage of the internet boom when it officially offered online shopping in 1998.

Evolution and Expansion

H&M entered the new millennium by making another significant milestone: the opening of the very first H&M store outside of Europe. New York City was the first non-European metropolis to host an H&M flagship store, which was located on Fifth Avenue to compete directly with many luxury labels that dominate the renowned shopping district, as well as other popular and competitive fast fashion brands. However, the company made a smart business strategy by not viewing luxury brands as the enemy, but as an ally that they could collaborate with so that both parties can win in the business of fashion.

This was made into reality in 2004 when H&M started the first of their highly anticipated designer collaboration series beginning with Karl Lagerfeld (pictured above wearing sunglasses in his ad campaign for the Swedish retailer), the venerable German designer for Chanel, Fendi, and his namesake label. The retailer’s goal for their designer collaborations was to introduce limited-edition capsule collections where superstar fashion creators could produce high-end pieces but sold at H&M prices, thereby giving general consumers the thrill of having owned something conceived by their favorite designer.

The strategy would prove to be hugely successful and since that fateful first partnership with Lagerfeld, H&M would invite other major design stars to collaborate on exclusive apparel and accessories lines such as Donatella VersaceRoberto CavalliStella McCartneyAlexander Wang, and Rei Kawakubo of Comme Des Garcons (pictured below).

2007 saw H&M breaking ground in the rising Asian consumer market by opening the first few stores in Hong Kong and Shanghai, while also continuing their expansion of online shopping to other international markets. The company debuted H&M Home in 2009 to help supplement the already healthy sales of its apparel collections by exploring the world of home interiors and design. Seeking to reduce the damaging impact of garment production on the environment, H&M took the initiative of launching a full range of apparel made exclusively out of recyclable or sustainable materials in 2010 dubbed H&M Conscious.

Philanthropy

H&M’s continuing commitment to reducing waste and environmental preservation was augmented by its garment collection program that started in 2013. Shoppers who donate or give away their used clothing to any H&M outlet will be rewarded with discount vouchers. The clothes are then processed and recycled to create new garments to attain the goal of a zero-waste economy. The company has also partnered with nonprofit organizations such as Canopy to ensure that their garment production practices do not actively harm endangered forests around the world.

Apart from their sustainability efforts, the retailer also launched the H&M Foundation: a nonprofit institution dedicated to implementing positive change and improving the living standards of several developing nations worldwide. The organization aims to achieve four key goals: providing education for children, empowering the lives of women and championing the ideals of equality, giving impoverished areas access to clean water, and educating individuals everywhere to be more eco-conscious. The nonprofit is privately funded by the Persson family and has appointed Sudanese supermodel Alek Wek (pictured above) as the first official ambassador for H&M Foundation in April 2014 for a three-year tenure.

The H&M Foundation also launched the Global Change Award in 2015 (pictured above): a financial grant given to forward-thinking recipients who can produce innovative ideas and game-changing solutions that would help revolutionize the way the fashion industry creates garments without harming nature in the process. Winners of the award will equally share a grant worth 1 million euros, as well as in-depth mentorship, guidance, and training from a major consultancy firm to help them develop and actualize their ideas.

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