Top 5 Biggest Clothing and Footwear Manufacturers

1. LVMH Moët Hennessy – Louis Vuitton, Société Européenne (EPA: MC.PA)

Market cap: $488 billion

Claiming to be the world’s leader in providing high quality products, LVMH tops our list. This multinational corporation specializes in luxury goods and brands such as Louis Vuitton with a market capitalization of $488 billion. Meanwhile, popular brands such as Givenchy, Fendi, Marc Jacobs, Tiffany & Co., Bulgari, and more are actually part of this corporation. In 2011, the corporation announced that it acquired 50.4% of the Bulgari brand. In that same year, it invested $640 million worth on LCapitalAsia. Moreover, in the year 2014 LVHM had a joint venture with Marco de Vincenzo, an Italian fashion brand. It took a 45% stake in the firm. In 2017, it acquired Christian Dior and in 2018, its sale percentage went up to 29%. Following that year, the company announced its 55% ownership in Château d’Esclans. In addition to that, just this January of 2021, LVMH finally acquired Tiffany and Co at a price of nearly $16 billion. The company generates around $90 billion in revenue.

Photo by Melanie Pongratz on Unsplash

That sums up the top 10 biggest clothing manufacturers in the world. You know for sure all the brands mentioned above and there is no doubt that these luxury brands are considered the best despite their high product SRP. Which product do you think is really worth its price? Feel free to comment down below.

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