Karl-Johan Persson news and archive

H&M: why the Persson family is buying back its own shares on a massive scale

H&M's founding family is continuing to purchase shares in the Swedish group. Its holding company, Ramsbury Invest, has acquired almost 39 million euros worth of additional shares. This is part of a series of regular transactions over several months, as the stock has underperformed since the start of the year. This methodical signal is being...

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Karl-Johan Persson to step in as H&M Group Chairman, Helena Helmersson named new CEO

After serving the company for over 20 years as Chairman of the board, Stefan Persson has decided not to stand for re-election at the AGM on May 7, 2020, paving way for current CEO Karl-Johan Persson to succeed him in the role. The company’s board of directors has therefore appointed Helena Helmersson as the new CEO of H & M Hennes & Mauritz AB....

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Exclusive: 15 minutes with H&M Group CEO Karl-Johan Persson

Stockholm - H&M was founded over 70 years ago in Sweden by Erling Persson, the grandfather of current CEO Karl-Johan Persson. Since then, the company has become one of the biggest fashion businesses in the world, with stores in more than 70 countries and a portfolio of brands including Cos, Monki and &OtherStories. Given its position, H&M Group’...