Hennes & Mauritz AB (Swedish pronunciation: [²hɛnːɛs ɔ ¹maʊrɪts]; H&M [²hoːɛm]) is a Swedish multinational clothing-retail company known for its fast-fashion clothing for men, women, teenagers and children. H&M and its associated companies operate in 62 countries with over 4,500 stores and as of 2015 employed around 132,000 people.[4] It is the second-largest global clothing retailer, just behind Spain-based Inditex (parent company of Zara). The company has a significant online presence, with online shopping available in 33 countries.