In this article we discuss the top 5 biggest clothing and footwear manufacturers. If you want to read our detailed analysis of these companies, go directly to the Top 10 Biggest Clothing Manufacturers.
5. Fast Retailing Co., Ltd. (OTC: FRCOY)
Market cap: $76 billion
This is the largest apparel company in Japan. It was founded in the year 1963. This company owns some major brands such as UNIQLO, Theory, Hemut Lang, GU, and more. It also owns the American brand “Theory.” In 2012, the company managed to acquire 80% of the denim company J Brand. It offers different apparel for men, women, and kids. Its sales went up to $17.8 billion.
4. Industria de Diseno Textil SA (XETRA: IXD1.DE)
Market cap: $110 billion
Inditex is known to be the biggest fashion group in the world with over 7200 stores in the world with a market capitalization value of $110 billion. This Spanish multinational company owns popular brands such as Zara, Bershka, Pull&Bear, Massimo Dutti, Stradivarius, Oysho, and Lefties.
It was founded in 1975 by Amancio Ortega and started out as a Zara brand. In 2010, as e-commerce was starting to evolve, Zara launched websites in UK, Italy, Spain France, Germany, and Portugal. Soon enough, it also released its websites in Ireland, Austria, Belgium, Netherlands, and Luxemburg. In 2011, its e-commerce market opens its door in the US with the addition of its other brands such as Pull&Bear, Bershka, Oysho, and more. As years go by, it continues to grow and embrace its online market in different parts of the world.
Industria de Diseno Textil SA
3. Christian Dior SE (EPA: CDI.PA)
Market cap: $170.5 billion
Commonly known as Dior, and a standalone company of LVHM, Christian Dior ranks third in our list of biggest clothing companies in the world.
Having $170.5 billion worth of market capitalization, it is safe to say that this brand is really a hit in the fashion and clothing industry. It deals with designing different apparel, beauty product, perfumes, watches, bags, and more. In fact, it has major groups that include Christian Dior Couture, Watches and Jewelry, Fashion and Leather Goods, Wines and Spirits, and Perfumes & Cosmetics.
Photo by carlos aranda on Unsplash
2. NIKE, Inc. (NYSE: NKE)
Market cap: $195 billion
Being a mid-luxury brand, Nike hits the top 5 spot having $50.6 billion sales. It was founded by William Jay Bowerman and Philip Knight in the year 1964. This company is known to be the largest sportswear manufacturer in the world. Moreover, it is also popular for its signature basketball shoes and other footwear. Most of its athletic footwear items are designed for some popular athletes mostly basketball players such as Michael Jordan, Kobe Bryant, Lebron James, and more and this brings more customers to the company. In 2020, it was considered as the most valuable brand among the sports businesses.
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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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