H&M is a Swedish fashion retailer with over 2,200 stores globally and annual sales of over 2 billion euros in 2010, up from 1.2 billion euros in 2006. As a global company, H&M faces risks from factors like changes in fashion trends, weather conditions in different markets, shifts in consumer behavior, and fluctuations in foreign currency exchange rates that can impact its international expansion and profits. The document provides an overview and financial analysis of H&M's business operations and growth as well as risks to consider for the company.