In this article, we discuss the 5 largest apparel companies in the world. If you want to read about some more apparel companies, go directly to 20 Largest Apparel Companies In The World.
5. The TJX Companies, Inc. (NYSE:TJX)
Market cap: $93.9 billion
The TJX Companies, Inc. (NYSE:TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The company’s merchandise includes clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares. The TJX Companies, Inc. (NYSE:TJX) also operates an e-commerce platform, which allows customers to shop online for merchandise from its various retail chains. The company is known for its ability to offer designer and brand-name merchandise at discounted prices.
The TJX Companies, Inc. (NYSE:TJX) operates more than 4,500 stores in nine countries, and it is the largest off-price retailer in the U.S. and worldwide. TJX Companies has several subsidiaries which include T.J. Maxx, Marshalls, HomeGoods, Winners, Homesense, Sierra, Trade Secret and TK Maxx. The company also has other smaller subsidiaries or partnerships in different regions around the world.
The market cap of TJX Companies is $93.94 billion. For the third quarter of 2022, the company recorded revenue of $12,166.29 million, a decline compared to the $12,531.89 million generated in the same quarter of the previous year.
4. Christian Dior SE (OTC:CHDRY)
Market cap: $154.03 billion
Christian Dior SE (OTC:CHDRY), commonly known as Dior, is a French luxury goods company that designs, manufactures, and sells ready-to-wear, leather goods, fashion accessories, footwear, jewelry, timepieces, fragrance, make-up, and skincare products. The company was founded in 1946 by Christian Dior, a French fashion designer. Today, Dior is one of the world’s leading luxury fashion brands, known for its elegant and timeless designs. Christian Dior SE (OTC:CHDRY) operates in over 60 countries, with a strong presence in Europe, Asia, and the Americas. The brand’s product range includes ready-to-wear, leather goods, shoes, jewelry, timepieces, fragrance, and skincare products. Dior is a subsidiary of the luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE.
Christian Dior SE (OTC:CHDRY) has several subsidiaries that operate under different brand names. Some of the main subsidiaries of Dior include Dior Couture, Dior Homme, Dior Parfums, Dior Watches, Dior Montres, Dior Joaillerie and Dior Cosmetics. The company also has other smaller subsidiaries or partnerships in various regions globally.
The market cap of this company is $154.03 billion. Christian Dior SE released its financial report for the first half of 2022. The company reported revenues of EUR 36,729 million for this period, a significant increase from the EUR 28,665 million generated during the same time frame in the previous year. Additionally, the company’s net income for the first half of 2022 was EUR 2,678 million, an improvement over the EUR 2,169 million recorded in the same period of 2021.
3. Hermès International Société en commandite par actions (OTC:HESAY)
Market cap: $187.74 billion
Hermès International Société en commandite par actions (OTC:HESAY), commonly known as Hermès, is a luxury goods company that specializes in leather, lifestyle accessories, perfumery, luxury goods, and ready-to-wear. The company was founded in 1837 by Thierry Hermès, and it is headquartered in Paris, France. Hermès is known for its high-quality products, including its iconic Birkin and Kelly handbags, silk scarves, and leather goods. The company also produces a wide range of luxury products such as perfumes, watches, jewelry, home furnishings, and ready-to-wear clothing. Hermès is a family-owned business, with the Hermès family still holding a majority stake in the company.
The brand is considered one of the most valuable luxury brands in the world, and it operates in over 50 countries with more than 300 stores worldwide. Hermès International S.A. has several subsidiaries which include Jean-Louis Dumas SAS, Hermès of Paris, Hermès Japan K.K, Hermès (Shanghai) Trading Co Ltd, Hermès Australia Pty Ltd, Hermès Singapore Pte Ltd, Hermès HK Limited and Hermès (Thailand) Co., Ltd. The company also has other smaller subsidiaries or partnerships in different regions around the world.
The market cap of Hermès International Société en commandite par actions (OTC:HESAY) is $187.74 billion. In the first half of 2022, the company achieved sales of EUR 5,475 million, a significant increase over the EUR 4,235 million generated in the same period of 2021.
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.
1. LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY)
Market cap: $433.4 billion
LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY), commonly known as LVMH, is a French multinational corporation and conglomerate specializing in luxury goods. The company was formed in 1987 through the merger of Moët Hennessy, a company specializing in wines and spirits, and Louis Vuitton, a company known for its luxury leather goods. Today, LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) is the world’s largest luxury goods conglomerate.
The company has over 60 subsidiaries and more than 70 brands under its umbrella. These brands include well-known names such as Louis Vuitton, Dior, Celine, Bulgari, Fendi, and Givenchy in fashion and leather goods; Moët & Chandon, Veuve Clicquot, and Dom Pérignon in wines and spirits; and Bulgari, Tag Heuer, and Zenith in watches and jewelry. LVMH operates in over 60 countries and has a global reputation for producing high-quality, luxury products.
The market cap of this company is $433.38 billion. LVMH generated a revenue of $85.74 billion in 2022. LVMH Moët Hennessy – Louis Vuitton, Société Européenne reported a significant increase in sales and net income for the first half of 2022. Specifically, the company saw sales of EUR 36,729 million, compared to EUR 28,665 million in the same period of the previous year. Similarly, net income was EUR 6,532 million, compared to EUR 5,300 million during the same time frame in 2021.
You can also take a peek at 10 Best ASX Stocks To Buy and 15 Most Creative Companies in the World.
