Biggest Clothing and Apparel Companies Globally (2024)
The Apparel Industry is worth $1.79 trillion and accounts for 16% of the world’s GDP. The apparel waters have a lot of big fishes and this post is dedicated to them.
We are exploring the biggest and richest clothing companies in the world. Find the data on Companies Like LVMH, Nike, Inditex and know who stands where in terms of market cap and brand value.
All the values have been updated with the latest financial quarter.
Biggest Clothing Brands As per Market Cap
Louis Vuitton is the biggest clothing company in the world in terms of Market Cap with $392.66 billion. This massive market cap also makes it the 22nd biggest company in the world.
Hermès and Inditex (Parent of Zara) are the second and third biggest clothing companies globally by market cap.
Here is a table of the 20 biggest clothing companies in the world as per market capitalization:
| Company | Market Cap |
|---|---|
| LVMH | $392.66 billion |
| Hermès | $246.54 billion |
| Inditex | $157.33 billion |
| Nike | $146.66 billion |
| Dior | $134.92 billion |
| TJX Companies | $125.5 billion |
| Fast Retailing | $78.63 billion |
| Cintas | $72.14 billion |
| Ross Stores | $49.84 billion |
| Kering | $43.08 billion |
| Adidas | $41.88 billion |
| lululemon athletica | $39.04 billion |
| H&M | $29.23 billion |
| Prada | $18.5 billion |
| Moncler | $16.99 billion |
| Next plc | $14.85 billion |
| Ralph Lauren | $11.53 billion |
| Tapestry | $9.82 billion |
| Gap Inc. | $9.3 billion |
Biggest Clothing Companies As Per Brand Value
Nike is the biggest clothing company in terms of brand value with a valuation of $31.30 billion. French luxury brands Louis Vuitton (26.29 billion) and Chanel (19.39 billion) are the second and third most valuable brands globally.
Here is a table of clothing companies with the highest brand value:
| Brand | Brand Value |
|---|---|
| Nike | $31.30 billion |
| Louis Vuitton | $26.29 billion |
| Chanel | $19.39 billion |
| GUCCI | $17.84 billion |
| Adidas | $15.66 billion |
| Hermès | $14.17 billion |
| Dior | $13.15 billion |
| Cartier | $12.54 billion |
| ZARA | $11.05 billion |
Biggest Clothing Companies As per Revenue
French luxury brand Louis Vuitton is the biggest clothing Company in terms of revenue accumulating $92.25 billion in the past 4 quarters.
Dior and Nike follow with $84.8 billion and $51.58 billion in revenue in the last 4 quarters.
Here is a table showing the 20 biggest clothing brands in terms of revenue:
| Brand | Revenue |
|---|---|
| LVMH | $95.25 billion |
| Dior | $84.8 billion |
| Nike | $51.58 billion |
| TJX Companies | $50.29 billion |
| Inditex | $39.43 billion |
| Adidas | $23.21 billion |
| H&M | $22.17 billion |
| Kering | $21.63 billion |
| Ross Stores | $20.74 billion |
| Fast Retailing | $19.85 billion |
| Gap Inc. | $15 billion |
| Hermès | $14.84 billion |
| JD Sports Fashion | $12.51 billion |
| Zalando | $10.98 billion |
| VF Corporation | $10.45 billion |
| Burlington Stores | $9.95 billion |
| lululemon athletica | $9.83 billion |
| Cintas | $9.41 billion |
| PUMA | $9.21 billion |
| Phillips-Van Heusen | $9.01 billion |
Overview of The Top Clothing and Apparel Brands
1) LVMH
LVMH has a market cap of $392.66 billion as of 2024, that’s 21.7% of the combined market capitalization of the top 112 clothing companies. LVMH is nearly twice the value of the second-largest clothing company, Hermès.
LVMH makes 37% of its revenue from fashion and leather goods, 28% from selective retailing, 16% from wines and spirits, 14% from perfumes and cosmetics and 5% from watches and jewelery.
2) Hermès
Hermès have a market cap of $246.54 billion making it the 2nd biggest clothing and apparel company in the world. The mains source of revenue for Hermès is Leather goods/saddlery (41%), Ready to wear/accesories (29%), Other sectors (12%), Silk/Textile (7%), Perfumes/Beauty (4%), Watches (5%) and other products (2%).
3) Inditex
Inditex has a total of seven brands under its portfolio and is the 3rd largest clothing company in the world with a market cap of $157.33 billion. Zara generates 72.52% of Inditex’s revenue. Here is the list of other brands and their share of Inditex’s revenue – Bershka (7.3%), Pull & bear (6.6%), Stradivarius (6.5%), Massimo Dutti (5.1%), and Oysho (2.1%)
4) Nike
Nike has a market cap of $146.66 billion and a brand value of $31.30 billion making it the 4th biggest clothing company by market cap and biggest apparel brand by brand value. Nike makes 68% of its revenue by selling footwear, 28% from apparels and 4% from equipment.
5) Dior
Dior is the 5th biggest clothing and apparel company with a market cap of $134.92 billion. Dior generates 49% of its revenue from fashion and leather goods. The other sources of revenue fro Dior are selective retailing (21%), watches and jewelry (13%), Perfumes and cosmetics (9%) and Wines and spirits (8%)
6) TJX Companies
TJX Companies is a Massachusetts-based brand which owns brands like T. J. Maxx, Home Goods, and Marshalls making it the 6th biggest clothing and apparel company in the world. TJX companies make 47% of its revenue from clothing and footwear, 35% from home fashions and 18% from Jewelry and accessories.
7) Fast Retailing
Fast Retailing is a Japan based apparel company which has a market cap of $78.63 billion making ti the 7th biggest apparel company in the world. It runs multiple brands and here are some which make up its revenue – UNIQLO International (52%), followed by UNIQLO Japan with 32.20%, GU contributes 10.70% to the total revenue, while Global Brands account for 5.10%.
8) Cintas
Cintas is the global leader in selling and renting workwear and uniforms and also the world’s 8th biggest apparel company with a market cap of $72.14 billion. Cintas generates 78.25% of its revenue from uniforms rentals dn selling, 10.79% from first aid and safety services while the remaining 10.96% comes from other segments.
Cintas looks forward to climbing up this ladder further as the global uniforms and workwear market grows.
9) Ross Stores
Ross Stores is the 9th biggest clothing company with a market cap of $49.84 billion. The California based company makes majority of its revenue (26%) from home accents, bed and bath segment. 15% of the revenue comes from accessories, lingeries, fine jewelry, and fragrances while 13% comes from the shoe segment. Ladies specific (23%), Mens specific (15%) and Children specific products (8%) make up Ross Store’s revenue.
10) Kering
Kering Group owns one of the most valuable brands Gucci which makes it the 10th biggest clothing and apparel company in the world with a market cap of $43.08 billion. Here is a breakdown of Kering’s revenue from its brands – Gucci (51%), Other houses (18%), Yves Saint Laurrent (16%), Bottega Veneta (8%) and Kering eyewear and corporate (8%)
Why do clothing brands differ in terms of market cap and brand value?
Market cap is the total value of a company’s outstanding shares, calculated by multiplying the current stock price by the number of shares available. It reflects the market’s valuation of the company based on its financial performance and investor sentiment. On the other hand, brand value represents the financial worth of a brand as perceived by consumers, indicating the premium they are willing to pay for products or services bearing that brand’s name.
That is the reason LVMH is the biggest clothing company when it comes to market cap but Nike takes the top spot in terms of brand value.
Answering Your FAQs
1) Which is the biggest clothing brand in the world?
Louis Vuitton is the biggest clothing brand in the world both in terms of market cap and revenue.
2) Who owns the biggest clothing brand in the world?
Bernard Arnault, the third richest man in the world owns the biggest clothing brand in the world. He has 81% stake in Agache (former Groupe Arnault), the holding company that owns 48% of LVMH and 63% of its voting rights.
3) What is the richest clothing brand in the world?
Nike is the richest clothing brand in the world, the company has a brand value of $31.30 billion globally, that’s $5 billion more than the second place Louis Vuitton.
4) Who owns most luxury clothing brands?
LVMH Moët Hennessy Louis Vuitton owns the most luxury brands. The company has 75 luxury brands under its portfolio including Louis Vuitton, Christian Dior, & Tiffany & Co.
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