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The top 10 world’s largest apparel companies list has seen the luxury fashion house Christian Dior, sportswear giant Nike, and high street fashion retailer Inditex Group being named the world’s largest apparel companies in 2016, according the Forbes Global 2000 list 2016.
Among all the top 2,000 companies named by Forbes, 29 apparel companies made the final list. After measuring their revenue, profit, assets and market value, Christian Dior, Nike and Inditex have been crowned the top three spots in the global apparel market.
|1.||Christian Dior||France||$41.6 B||$1.7 B||$68.1 B||$31.4 B|
|2.||Nike||U.S.||$32 B||$3.8 B||$21 B||$100.1 B|
|3.||Inditex||Spain||$23.1 B||$3.2 B||$18.8 B||$103.2 B|
|4.||Cheil Industries||South Korea||$11.8 B||$2.4 B||$36.1 B||$22.9 B|
|5.||TJX Cox||U.S.||$30.9 B||$2.3 B||$11.5 B||$50.7 B|
|6.||H&M||Sweden||$21.7 B||$2.3 B||$10.3 B||$60.8 B|
|7.||Kering||France||$12.8 B||$708 M||$25.9 B||$21.5 B|
|8.||Adidas||Germany||$18.8 B||$739 M||$14.5 B||$25.2 B|
|9.||VF||U.S.||$12.4 B||$1.2 B||$9.6 B||$27.1 B|
|10.||Swatch Group||Swtizerland||$8.8 B||$1.1 B||$13.3 B||$18.6 B|
Christian Dior is the world’s largest apparel company. It took the top spot in the apparel group of Forbes’ Global 2000 list, thanks to its significant $41.6 billion sales, $1.7 billion profit and $68 billion worth assets in 2016. Through its over 40% stake in luxury goods conglomerate LVMH, Christian Dior’s also benefits from the financial performance of respected product lines such as Dom Pérignon, De Beers, Veuve Clicquot, and Givenchy.
Nike is named the second largest apparel company in the world. The US sportswear giant recorded more than $32 billion in sales and $3.8 billion in profit over the fiscal year ending 2016. With an intensive list of celebrity athlete endorsements includes Serena Williams, LeBron James and FC Barcelona – Nike’s financial performance in the global market is expected to be even better over the next few years.
In third place, Industria de Diseno Textil Gourp, also known as Inditex, owns some of the world’s most popular high street fashion brands, such as Zara, Pull&Bear, Bershka, Massimo Dutti etc. The company achieved $23 billion revenue in 2016.
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