H And M
In short
H&M is a global clothing retailer based in Sweden that sells fashion and home products at affordable prices.
In plain words
It is a large shop chain where people buy trendy clothes for men, women, and children. They focus on making style accessible to everyone without costing too much money.
A simple example
A student might visit an H&M store to buy a cheap cotton t-shirt and a pair of jeans for university.
Why it matters
It is one of the largest fashion companies in the world. Its business decisions affect global clothing trends and how much fast fashion costs.
Easy to mix up
Do not confuse it with Zara, which is a similar fast-fashion brand from Spain.