CONNECT WITH US
eCommerce

eCommerce

H&M Founding Family Increases Stake as Retailer’s Turnaround Remains Under Pressure

Global Cosmetics News logo

Published on

Add as a preferred source on Google
H&M Founding Family Increases Stake as Retailer’s Turnaround Remains Under Pressure

THE WHAT? H&M’s founding Persson family has continued to increase its ownership of the fashion retailer, taking its stake above 68 percent as the group works to improve sales and profitability amid intensifying competition.

THE DETAILS The Persson family’s Ramsbury Invest has acquired 36.8 million H&M shares during 2026, increasing the family and related entities’ ownership to more than 68 percent at the end of August, compared with 49.5 percent at the beginning of 2021. The purchases have prompted external speculation that the family could eventually take H&M private, although Ramsbury Invest has not confirmed such plans and said the Perssons remain long-term owners. CEO Daniel Erver, appointed in 2024, has been working to strengthen the brand and profitability, but sales declined 1 percent in the first quarter and were flat in the second amid competition from Shein and Inditex-owned Zara.

THE WHY? The growing family stake increases the Perssons’ control over H&M at a time when management is attempting to reposition the retailer for longer-term growth, while raising questions among investors about its future ownership structure. Under Swedish rules, ownership of 90 percent would allow a controlling shareholder to compel the acquisition of remaining shares.



Source link
Related Topics:eCommerce

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.