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H&M is the second-largest international clothing retailer after Inditex. [ 11][ 12] H&M was founded by Erling Persson in 1947 under the name Hennes. The company's current CEO is Daniel Erver who replaced former CEO Helena Helmersson in January 2024. [ 13][ 14][ 15]
In 2019, DBL Group became the official franchise of Puma in Bangladesh and established the first store in Dhaka. It manufactures products of Swedish company H&M. In 2020, it had the second largest market share of methocarbamol generic drug in the United States. It evacuated workers from Ethiopia after the outbreak of the Tigray War.
Footnotes / references. [ 3] [ 2][ 1] Industria de Diseño Textil, S.A. ( Inditex; / ˌɪndɪˈtɛks /, Spanish: [indiˈteks]; lit. 'Textile Design Industry') is a Spanish multinational clothing company headquartered in Arteixo, Galicia, Spain. [ 4] Inditex, the biggest fast fashion group in the world, [ 5] operates over 7,200 stores in 93 ...
At least three garment manufacturers in Bangladesh that supply European brands such as H&M and Next have laid off thousands of workers weeks after they had joined wage protests, union leaders said ...
The location of Savar (red marker), the site of the building collapse, in relation to Dhaka. Photo of Rana Plaza taken one year before the collapse. Rana Plaza was built in 2006 and owned by Sohel Rana—allegedly a member of the local unit of Jubo League (the youth wing of Bangladesh Awami League, the political party in power).
October 1, 2020 at 9:11 AM. STOCKHOLM (Reuters) - H&M plans to close hundreds of stores next year as the coronavirus crisis drives more shoppers online, the world's second biggest fashion retailer ...
20,000 (2023) Website. cottonongroup.com.au. Cotton On Group is an Australian retail company known for its fashion, clothing and stationery brands. As of 2020, it has over 1,500 stores in 18 countries employing 22,000 people across eight brands: Cotton On, Cotton On Kids, Cotton On Body, Factorie, Typo, Rubi, Supré, Ceres and Cotton On Foundation.
The Alliance for Bangladesh Worker Safety, also known as "the Alliance" or AFBWS, is a group of 28 major global retailers formed to develop and launch the Bangladesh Worker Safety Initiative, a binding, five-year undertaking with the intent of improving safety in Bangladeshi ready-made garment ( RMG) factories after the 2013 Rana Plaza building ...