Which billionaire owns clothing store hm

In addition to the fashion empires, the brothers own a number of vineyards in France and Napa Valley. His success stories are one of the most fascinating as Yanai opened the first Uniqlo store in and has expanded to more than 2, stores in at least 20 countries.

Knight retired as chairman of Nike in after 52 years. Ortega owns 59 percent of Inditex which he founded with his ex-wife Rosalia Mera in Today, he enjoys the top spot as the richest person in fashion. Povlsen, who is the second- richest person in Denmark , also has "significant stakes" in online clothing retailer ASOS and payments company Klarna, according to Forbes.

In April , three of Povlsen's four children were killed in the Easter Sunday bombings in Sri Lanka that left at least people dead.

Sandra inherited the title of Spain's richest woman after her mother's death. While she isn't involved with the company, Sandra holds a roughly 4. Heinrich Deichmann is the CEO of international shoe manufacturer Deichmann, founded by his grandfather as a cobbler's shop in Germany in Deichmann's reputation for creating affordable footwear is ingrained in its history. The family company organized a second-hand shoe exchange scheme in order to help struggling customers after the war, according to the company's website.

Today, Deichmann has grown to become Europe's largest shoe retailer , with more than 4, stores in Germany, the US, and throughout Europe. Persson stepped down as chairman in May and his son, Karl-Johan, took over the role. The Swedish fast-fashion business has about 4, stores in 73 markets. Leonardo Del Vecchio is the founder of eyewear giant Luxottica , which went on to acquire Sunglass Hut, Ray-Ban, and Oakley and make glasses for brands including Chanel and Bulgari, according to Forbes.

Luxottica merged with French lens maker Essilor in to become the world's largest producer and retailer of sunglasses and prescription glasses. Tadashi Yanai is the founder and owner of Japanese clothing empire Fast Retailing, the largest clothing retailer in Asia and the parent company of Uniqlo.

Yanai, the richest person in Japan, began his career at his father's roadside tailor shop in suburban Japan, according to Bloomberg. Yanai later changed the name of the company to Fast Retailing in the early s in order to reflect his fast-fashion business strategy. Yanai opened the first Uniqlo store in and has expanded the brand to more than 2, stores in at least 20 countries.

Alain Wertheimer co-owns the French fashion house Chanel with his brother, Gerard. Alain serves as Chanel's chairman while Gerard manages the company's watch department in Switzerland. The slump has been partly blamed on savvy hedge funds who have smelt blood and taken short positions — which means they are betting on the share price falling. City sources have told The Mail on Sunday that Persson has spoken to banks such as Goldman Sachs, JP Morgan, UBS and Natixis about putting together a massive debt financing package for further share purchases and a mega deal to take the firm private.

Such a move would force short sellers to close their positions. But he has been more vociferous on his estate. Hyams, who had shooting rights on the land, said it would ruin his sport. The Bell at Ramsbury was given a full makeover after Persson and his wife acquired it eight years ago. Marlborough College, where the Duchess of Cambridge went to school, is just a few miles down the road. We live in Sweden and want to do our part.

He came up with the idea for a new approach to fashion retailing when he encountered more efficient, high-volume stores while travelling in the United States. In the same year he appointed son Stefan to run the British business. Since then, the group has expanded rapidly. It has more than 4, stores in around 60 countries, employing , people. In , Stefan took over from his father as chief executive and in became chairman.

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