Karl-Johan Persson Quotes

Sweden, Businessman
March 25, 1975

Karl-Johan Erling Göran Persson is a Swedish billionaire businessman, the chief executive officer (CEO) and president of the fashion company Hennes & Mauritz (H&M), which was founded by his grandfather Erling Persson. As of May 2019, according to Forbes, he has a net worth of US$1.6 billion.

Also known as Chief Executive Officer

We [H&M] believe that growth, profit and sustainability are not contradictory. Our ambition is to be a fair and profitable company, because otherwise we couldn't open any new stores, we couldn't produce new designs and no new jobs would be created. H&M would soon cease to exist.

Karl-Johan Persson
- Believe
- Design
- Ambition
Ninety-nine percent of everyday things are things we don't need - that goes for regular visits to the hairdresser just as it does for clothing. What would it mean if we all consumed 20 percent less? It would be catastrophic. It would mean 20 percent less jobs, 20 percent less taxes, 20 percent less money for schools, doctors, roads. The global economy would collapse.

Karl-Johan Persson
- School
- Everyday
- Economy

No company in the world would be satisfied with less sales, less customers or less jobs just because it's supposed to be good for the environment.

Karl-Johan Persson