Top 5 Clothing Companies in the World in 2022

3. Gucci

Gucci is ranked as the third biggest clothing brand in the world with a brand value of $18.11 billion. Gucci, an Italian fashion house, founded in 1921, began when the owner, Guccio Gucci, found inspiration for his craft/art in the Renaissance. The company is headquartered in Florence, Tuscany, Italy with 148,343 number of employees as of 2020.

The company new CEO, Robert Triefus, is expected to lead Gucci’s experimental platform and meta verse activities. The company is experimenting with Web3 and the metaverse to use emerging technologies to achieve long term profitability and growth. It is the first luxury brand to launch an NFT and has partnered with the virtual world to develop the Sandbox, which is believed to be a new tech driven venture. The company has long term investments in virtual world and digital clothing