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Explore the latest styles in fashion, home and beauty with the H&M app. Discover inspiring collections and intuitive features that simplify the shopping experience — from instant search to real-time o

Your top app for online fashion shopping in Saudi Arabia, United Arab Emirates, Kuwait, Egypt, and Qatar.  Download the H&M app and shop all fashion clothing and accessories such as:

- Women's clothe

Erling Persson (1947 Sweden, retail entrepreneur)

Germany fines H&M 35 million euros for data protection breaches

H & M Hennes & Mauritz AB, commonly known by its brand name H&M, is a Swedish multinational clothing company headquartered in Stockholm. Built on a fast fashion business model, the retailer sells apparel, accessories, and homeware. The company operates thousands of stores across 75 geographical markets and employs over 171,000 people worldwide. H&M is the second-largest international clothing retailer after Inditex. H&M was founded by Erling Persson in 1947 under the name Hennes. The CEO of H&M from 2020 to 2024 was Helena Helmersson. The current CEO, as of January 2024, is Daniel Ervér.

Swedish multinational clothing-retail company

H&M generated $22B revenue 2024 as 2nd-largest fashion retailer (Swedish privately-held Persson family, 4,000+ stores 75 countries down from 5,000 peak, fast-fashion $10-40 T-shirts/dresses/basics, Conscious Collection sustainability 50% recycled). Founded 1947 Sweden as Hennes ('Hers') by Erling Persson (women's clothing, 1968 acquired Mauritz Widforss menswear rebranded H&M). 1970s-2000s global (U.S. 2000 NYC, 3,000+ stores, designer collaborations Karl Lagerfeld 2004 $100M sellout). However, 2015-2024 struggles: inventory crisis $4B unsold 2018 (slow fashion cycles versus Zara 2-week, store closures 500+, online 30% transition late), sustainability backlash greenwashing allegations Conscious Collection 5% actually recycled, Shein $30B ultra-fast $5-15 Gen Z. Competing Zara $30B #1 Inditex, Uniqlo $20B basics, Shein $30B online-only $5. Technology: mobile app, membership loyalty, digital receipts, inventory AI predictive limited. Employees 100,000+ (from 120K peak, store closures layoffs).

H&M's Sustainability Push and Inventory Crisis Navigate Fast-Fashion Backlash as Zara Competition and Shein $30B Ultra-Fast Threaten Market Share

H&M reaches $22B revenue as 2nd-largest global fashion retailer with 4,000+ stores, fast-fashion $10-40 model, Swedish origins, struggling Zara competition

H&M HENNES & MAURITZ AB

Women's clothing 'Hers'. Affordable fashion U.S.-inspired. 15 stores Sweden expansion.

Hennes & Mauritz. Added men's hunting/outdoor apparel. Stockholm stock. Sweden national chain.

Fifth Avenue flagship. 3,000+ stores. Fast-fashion model 2-4 week cycles. Zara competition began.

Stella McCartney, Balmain, Versace collabs. Prestige affordable $50-100. Marketing hype lines.

Recycled materials 50% claim. Greenwashing allegations 5% actually recycled. Garment collecting stores.

Slow fashion cycles vs Zara 2-week. Online 30% late transition. Shein $30B $5-15 Gen Z ultra-fast threat.

CEO Helena Helmersson sustainability. Persson family billionaires privately-held. 100K employees (from 120K). Online 30%.

Fireblocks is the premier, end-to-end platform for crypto, web3, and digital asset businesses. Use the Fireblocks Mobile app to authorize operations initiated from your Fireblocks web console.

Prior 

The Fireblocks Cold Wallet app transforms fresh iOS devices into secure, air-gapped, crypto signing devices. Use Fireblocks Cold Wallet to safely authorize operations initiated from your Fireblocks we

The official Fireblocks app for SPARK '25 is your personal guide to getting the most out of the conference.

Whether you're planning your schedule, meeting new connections, or looking for key updates,

Fireblocks

The Infrastructure Layer for AI Agents in Institutional Finance

Moving fast and encouraging new ideas to push the boundaries of what's possible in digital asset infrastructure and financial services technology.

Innovation

Conducting business with the highest level of integrity, honesty, and transparency in all actions, critical for building trust in digital asset security.

Integrity

Striving for excellence in everything from product development to customer service, maintaining high standards for delivering quality results.

Excellence

Believing in the power of teamwork and fostering a culture of open communication, respect, and support across global offices and time zones.

Collaboration

Fireblocks is an enterprise platform for digital asset custody, treasury management, and blockchain infrastructure that enables institutions to securely store, transfer, and issue digital assets using Multi-Party Computation technology.

Fireblocks OSS Multi-Party Computation Library

Fireblocks Black Box Security Review [pdf]

From Meme to Infrastructure: MORI Meets Fireblocks' Big Move

Fireblocks Black Box Security Review

Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody

Michael Shaulov

CEO & Co-Founder

Pavel Berengoltz

Co-Founder & CTO

Idan Ofrat

Co-Founder

Michael Levine

Chief Financial Officer

Deborah Barta

Global Head of Retail & Fintech

Michal F.

Chief Marketing Officer

FireBlocks is a developer of cloud-based digital asset infrastructure software for cryptocurrency custody, treasury management, payments, tokenization, and other blockchain operations. It is headquartered in New York City.

Streamlined and scalable digital asset treasury management system that consolidates wallet engagement, policy controls, settlements, payments, and reporting on a single platform with consistent APIs. Supports secure custody across hot, warm, and cold wallet configurations with MPC-CMP technology protecting assets across 120+ blockchains.

Treasury Management

Infrastructure enabling businesses to create and manage digital asset wallets for their customers at scale. Powers secure wallet creation, key management, and transaction signing for institutions and consumer-facing applications.

Wallets-as-a-Service

End-to-end platform for creating token contracts, distributing tokenized assets, and securely managing minting operations. Supports tokenizing money, financial products, and real-world assets with Tokeny T-REX smart contract integration for ERC-3643 token deployment.

Tokenization Platform

Enterprise-grade infrastructure for stablecoin payments, cross-border settlements, and digital asset trading operations. The Fireblocks Network for Payments supports stablecoin transactions in over 100 countries, enabling FinTechs and PSPs to handle payouts, remittances, and merchant settlements.

Payments & Settlement

Secure access to decentralized finance protocols and applications with institutional-grade controls and compliance tools. Processed $60 billion in DeFi transactions in 2024, enabling institutions to participate in yield farming, lending, and DEX trading.

DeFi Integration Suite

Regulated custody solution operating as a limited-purpose trust company under New York State law and supervised by NYDFS. Provides regulatory-compliant framework for institutional-grade digital asset safeguarding with proven security infrastructure.

Fireblocks Trust (Qualified Custody)

Fireblocks acquired Dynamic, a developer-first wallet infrastructure platform supporting over 50 million onchain accounts for clients like Kraken, zerohash, and Magic Eden. The $90 million acquisition aims to accelerate onchain adoption among FinTechs and enterprises by merging institutional-grade infrastructure with agile developer tools.

Fireblocks Acquires Dynamic for $90M to Scale Digital Asset Access

Episode Six and Fireblocks announced co-development of a unified payments solution that seamlessly integrates traditional and digital finance, bringing fiat, stablecoins, loyalty points, and other digital assets onto a single, programmable platform for FinTechs and financial institutions.

Fireblocks and Episode Six Launch Unified Traditional-Digital Payments Solution

Fireblocks launched platform-wide enhancements including multi-asset rules, simplified configuration tools, and direct management of AML/KYT requirements. Early adopters include WonderFi and Galaxy, with features designed to power secure and scalable digital asset operations.

Fireblocks Launches Platform Enhancements for Secure Digital Asset Operations

Fireblocks announced participation in Project Acacia, led by the Reserve Bank of Australia, to explore the role of digital money in wholesale tokenized asset markets. The initiative examines how central bank digital currencies and stablecoins can enhance settlement efficiency.

Fireblocks Joins Reserve Bank of Australia's Project Acacia

Fireblocks became a launch partner for Lynq, the real-time, yield-bearing settlement network that went live in July 2025. Other early adopters include B2C2, Crypto.com, Galaxy, and Wintermute, enabling instant settlement with embedded yield for digital asset transactions.

Fireblocks Integrates with Lynq Real-Time Settlement Network

At its annual SPARK conference, Fireblocks announced expansion of its DeFi suite following $60 billion in DeFi transactions processed on the platform in 2024. The growth demonstrates increasing institutional adoption of decentralized finance with enterprise-grade security.

Fireblocks Expands DeFi Suite After $60B in 2024 Transactions

Fireblocks Trust Company received its limited-purpose trust company charter from New York regulators, becoming a qualified custodian under New York State law regulated by the New York Department of Financial Services (NYDFS). The charter validates Fireblocks' institutional-grade security and compliance framework.

Fireblocks Trust Receives NYDFS Qualified Custodian Charter

Welcome to r/Fireblocks' official subreddit!

Fireblocks: The Infrastructure Behind Institutional-Grade Crypto Security

The first U.S. state-issued stablecoin runs on Fireblocks infrastructure

Fireblocks SE role

How to Host an XDC Masternode Using Fireblocks via WalletConnect (Step-by-Step Guide)

fireblocks

u_Slow-Blacksmith32

salesengineers

XDCNetwork

xinfin

Block, Inc.

Michael Shaulov, Pavel Berengoltz, and Idan Ofrat founded Fireblocks in New York City with the mission to build secure infrastructure for institutional digital asset operations, inspired by security vulnerabilities discovered during their work at Check Point.

Fireblocks Founded

Fireblocks raised $4 million in seed funding to develop its Multi-Party Computation technology and build the initial platform for secure digital asset custody and transfer.

Seed Funding Round

Fireblocks completed its Series A funding round in November 2018, providing capital to expand the team and accelerate product development.

Series A Funding

Fireblocks officially launched its digital asset custody and transfer platform, offering MPC-based security for institutions managing cryptocurrency assets.

Platform Launch

Fireblocks raised Series C funding led by Stripes and Coatue on March 18, 2021, achieving unicorn status with a valuation exceeding $1 billion.

Series C Funding

Fireblocks completed a Series D round led by Sequoia Capital on July 27, 2021, growing its customer base from 150 to over 800 institutions globally.

Series D Funding

Fireblocks raised $550 million in Series E funding co-led by D1 Capital Partners and Parafi Growth Fund, achieving an $8 billion valuation and becoming the highest-valued digital asset infrastructure provider globally.

Record Series E - $8B Valuation

Fireblocks announced it had secured over $4 trillion in digital asset transactions and created more than 130 million wallets for its 1,800+ institutional customers since founding.

$4 Trillion Transaction Milestone

Fireblocks integrated Tokeny's T-REX smart contract suite to enhance tokenization capabilities, enabling clients to securely deploy ERC-3643 tokens directly from their Fireblocks workspace for fund tokenization and real-world assets.

Enhanced Tokenization Suite

Fireblocks Trust Company received its limited-purpose trust company charter from New York regulators, becoming a qualified custodian under New York State law and regulated by the New York Department of Financial Services.

NYDFS Qualified Custodian Charter

At the annual SPARK conference, Fireblocks announced expansion of its DeFi suite after processing $60 billion in DeFi transactions in 2024, demonstrating institutional adoption of decentralized finance.

$60B DeFi Transactions Announced

Fireblocks partnered with Episode Six to deliver a unified payments solution seamlessly integrating traditional and digital finance, bringing fiat, stablecoins, and digital assets onto a single programmable platform.

Unified Payments with Episode Six

Fireblocks launched platform-wide enhancements including multi-asset rules, simplified configuration tools, and direct AML/KYT management, with early adopters including WonderFi and Galaxy.

Platform Enhancements Launch

Fireblocks joined Project Acacia led by the Reserve Bank of Australia to explore digital forms of money for wholesale tokenized asset markets, advancing institutional digital currency adoption.

Project Acacia Participation

Fireblocks acquired Dynamic, a developer-first wallet infrastructure platform, for $90 million. Dynamic supports over 50 million onchain accounts for clients including Kraken, enabling Fireblocks to accelerate onchain adoption among FinTechs.

H&M (Hennes & Mauritz) vs Fireblocks

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