Mon, June 9, 2025
[ Mon, Jun 09th 2025 ]: ThePrint
Next Crypto Bull Run: 7 Cryptos Under $1 with Major Potential in 2025
[ Mon, Jun 09th 2025 ]: Fortune
H&M billionaire quietly moves brand toward private ownership
[ Mon, Jun 09th 2025 ]: WOPRAI
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H&M billionaire quietly moves brand toward private ownership

Stefan Persson, the billionaire behind H&M, is quietly steering the fashion giant towards private ownership, according to a report by Fortune on June 9, 2025. Persson, who holds a significant stake in H&M through his family's investment company, has been gradually increasing his control over the company by buying back shares and reducing the number of public shareholders. This move is seen as a strategic shift to allow for more flexibility and long-term planning without the pressures of public market expectations. The transition towards privatization is being executed discreetly to minimize market disruption, but it raises questions about the future direction and governance of one of the world's largest fashion retailers.

Read the Full Fortune Article at:
[ https://fortune.com/europe/2025/06/09/hm-hennes-mauritz-billionaire-quietly-moves-brand-toward-private-ownership-perssons/ ]