As the most crucial sector in the global fashion industry, the global apparel sector has seen a steady and strong growth over the years, while the top 10 apparel companies globally continue to control the industry with some of the highest market shares and apparel sales around the globe. These companies have redefined apparel companies’ meaning.
In spite of the fact that reducing brick and mortar sales have been impacted by many big fashion retailers because of the rise of online commerce, the e-commerce still managed to increase their entities in varied ways and also maintained their market leadership in the past year. So if you are looking for the top clothing brands in the world 2022, then you are at the right place.
Top 10 Apparel Companies Across The World
The apparel industry is the biggest and the most crucial segment in the fashion sector. It consists of manufacturing and selling finished clothes like womenswear, kidswear, and menswear. They also include sportswear and other garment products. This is the most demanded business presently, producing a big amount of industry revenues and contributing highly to the growth of the economy in many nations across the globe. Here is the list of top 10 apparel companies across the globe that have huge contributions to this sector. Let us begin with the biggest clothing companies in the world.
Christian Dior is presently at the highest position on the list of top 10 apparel companies across the globe. This is also known by the brand name Dior. This brand engages in the sale and design of fashion, apparel, and beauty products. The entity functions via various major business groups that include Wines & Spirits, Christian Dior Couture, Fashion & Leather Goods, Watches & Jewelry, and Perfumes & Cosmetics. Some of its luxurious items include leather handbags, shoes, fragrances, cosmetic products, apparel, and fashion accessories, wines and spirits, watches, and jewelry. The entity was founded by Christian Dior himself in 1946 and has its headquarters in Paris, France.
Nike was graded as the second largest apparel company across the globe with its $38.7 billion sales in 2019. It is considered among the most profitable apparel companies. It is presently the biggest sportswear company in the world that manufactures and sells some of the best sports footwear and clothes in the world. Its athletic footwear items are made primarily for specific athletic use, even though a large portion of the products are worn for leisure or casual purposes. The entity was founded by Philip H. Knight and William Jay Bowerman in 1964 and is headquartered in Beaverton, OR.
Inditex is among the largest apparel companies and fashion retailers in the world. Its business offers the retail distribution of footwear, accessories, clothing, and household textile items under eight brands. These brands are Zara, Massimo Dutti, Bershka, Pull&Bear, Stradivarius, Oysho, Zara Home, and Uterqüe. This company sells its items in 202 markets via its online podium or its more than 7,000 stores in 96 markets. The entity was founded by Amancio Ortega Gaona in 1963 and it has its headquarters in A Coruna, Spain.
Another big name that comes to mind when we think about a fashion company list is Adidas. This brand specializes in the distribution, design, and marketing of sportswear and athletic products. It functions as two brands, Reebok and Adidas. The Wholesale segment provides all business activities that are related to the distribution of Adidas and Reebok items to retail users. The retail segment consists of all business operations that are related to the sale of Reebok and Adidas items directly to end consumers via their own retail and e-commerce channels. In 2019, this company generated a total of $25.9 billion in sales.
H&M, which stands for Hennes & Mauritz, is among the largest fashion retailers in the clothing, footwear, cosmetics, accessories, and home textiles segment. The products of this brand include underwear, cosmetics, accessories, sportswear, and other apparel for women, men, and kids. It provides its brand via COS, Cheap Monday, Monki, Weekday, and H&M Home. The entity was established in 1947 and is headquartered in Stockholm, Sweden.
Fast Retailing Co., Ltd. Is the biggest fashion and apparel entity in Japan that was established in 1963. It manufactures, designs, and retails its own segment of apparel under its important brands such as GU, PLST, Theory, UNIQLO, Helmut Lang, Comptoir des Cotonniers, etc. The entity provides casual clothing like women’s, men’s, children’s, and baby’s clothing, along with other goods in domestic and overseas markets.
Gap, Inc. is the leading fashion and apparel brand in the world. It provides accessories, apparel, and personal care products for women, men, and children. The company functions via several primary brands that include Old Navy Global, Banana Republic Global, Gap Global, Athleta, and Intermix. Gap was established in 1969 and has its headquarters in San Francisco, CA.
Kering SA manufactures, designs, and markets apparel and other fashion items. The business functions its fashion and apparel business via various popular luxury brands in the world that include Bottega Veneta, Saint Laurent, Gucci, Dodo, Alexander McQueen, Brioni, Christopher Kane, Balenciaga, McQ, Tomas Maier, Sergio Rossi, Stella McCartney, Boucheron, Pomellato, Qeelin, Girard-Perregaux, JeanRichard, and Ulysse Nardin. It also owns various sports and lifestyle brands that include Puma, Cobra, Electric, Volcom, and Tretorn. In 2019, its global sales attained $16.1 billion.
Nordstrom, Inc. was graded among the top 10 biggest apparel companies in terms of sales. It is an American luxury department store that is involved in the trade and manufacture of clothes, accessories, and shoes. Established in 1901 in Seattle, WA, it started as a shoe store and developed into a full-line retailer along with departments for footwear, handbags, clothing, jewelry, accessories, fragrances, and cosmetics.
VF Corp. produces, designs, and distributes sports and lifestyle apparel, footwear, and several other fashion items. Its primary business segments include Jeanswear, Imagewear, Outdoor & Action Sports, and Sportswear. Some of the renowned sportswear apparel brands across the globe are owned by VF and that are Vans, The North Face, Eastpak, Icebreaker, Timberland, Kipling, Altra, etc. In the last year, its global sales attained $13.6 billion, making it among the top 10 list of clothing brands.
The Bottom Line
As the global fashion industry grows highly challenging and competitive, some of the important trends that have been seen in the global apparel sector are that more and more big apparel brands across the globe have begun to implement the latest strategies to enhance their product portfolio and raise strategic acquisitions and partnerships. In this article, we have discussed the top 10 apparel companies across the globe that have made huge contributions to the fashion industry.