5 Largest Apparel Companies In The World

2. NIKE, Inc. (NYSE:NKE)

Market cap: $196.66 billion

NIKE, Inc. (NYSE:NKE) is an American multinational corporation that is engaged in the design, development, manufacturing, worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is one of the world’s largest suppliers of athletic shoes and apparel and a major manufacturer of sports equipment. The company was founded on January 25, 1964, as Blue Ribbon Sports, by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. 

NIKE, Inc. (NYSE:NKE) markets its products under its own brand, as well as Nike Golf, Cole Haan, Umbro, and Converse. The company has several subsidiaries, including Converse Inc, Cole Haan LLC, Hurley International LLC, NIKE Bauer Hockey Inc, NIKE Golf, Umbro Limited and Jordan Brand. NIKE Direct is another subsidiary that manages the company’s direct-to-consumer operations, including retail stores, e-commerce, and other digital platforms.

The market cap of NIKE, Inc. (NYSE:NKE) is $196.66 billion. In the second quarter of 2022, the company recorded revenue of USD 13,315 million, an improvement over the USD 11,357 million generated in the same quarter of the prior year.