Apparel industry is the largest and most important segment in the global fashion sector, it is comprised of manufacturing and selling finished clothing such as children’s wear, menswear and womenswear, sportswear and other garment products. This fact sheet is to assist business professionals, investors, and people in general that are interested in the field figure out the ins and outs of the clothing retail industry including: BizVibe is already helping the top clothing retailers in the world connect. In 2019, PVH’s fiscal year revenues reached 9.66 billion USD — making the company of the top clothing retailers in the world by sales revenue. BizVibe’s clothing retail industry analysis shows that the market grew by approximately 5.46 percent in 2019 with an expected peak growth rate of 6.2 percent in 2020. Fashion is a large and diverse industry that supports a range of business models. VF Corp. designs, produces, and distributes lifestyle and sports apparel, footwear and other fashion products. The men’s wear market is expected to be the fastest-growing segment going forward at a CAGR of 16.4% over the next five years. After the top 3 clothing retailers on our list, the next 4 companies are all American, starting with American clothing retailer The Gap. It employs 55000 people across the country and women’s suits account for 11% of all the sales. Currently, H&M operates in over 74 countries and has 5,076 stores globally. Many of the world’s top 10 largest apparel companies are also using digital tools to manage consumer data, engage with social media influencers, and tap into the needs of each consumer by facilitating more digital experiences online and in-stores. The American clothing retailer Ralph Lauren Corporation ranks 7th on BizVibe’s list of the biggest clothing brands in the world. 20 major companies lead the global fashion industry right now, according to the McKinsey Global Fashion Index. It’s currently the fastest-growing retailer in Japan operating over 2249 Uniqlo stores alone. However, a combination of having the right attitude, hard work, determination, passion, and undying desire to give it all might just get you to the success you are longing. The most popular Fashion & Clothing brands in the UK according to YouGov Ratings. H&M’s current headquarters is located in Stockholm, Sweden. Clothing Retailing in the UK industry outlook (2021-2026) poll Average industry growth 2021-2026: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. Companies can adjust their purchasing practices to lighten the load and ensure the factories they have inspected fulfil their orders, she says. NEXT is the largest clothing retailer in the UK and was founded 156 years ago in 1864. Its products include accessories, underwear, cosmetics, sportswear, and other apparels for men, women, and kids. Britain is the 3rd largest fashion employer in the EU, following the current leaders, Italy and Germany. Fast Retailing’s most popular flagship brand is Uniqlo, the Japanese casual wear company popular all over the world. The UK fashion industry has experienced a big growth over the last two decades, and it accounts for 5.4% of the national GDP. It operates two brands, adidas and Reebok. Ranking number 1 on BizVibe’s list of the top 10 clothing retailers in the world in 2020 is Inditex, a Spanish multinational clothing retailer owned by the Ortega family. Some of the world’s renowned sportswear apparel brands owned by VF include Vans, Timerberland, The North Face, Eastpack, Icebreaker, Kipling, Altra etc. L Brands Headquarters: Columbus, Ohio, U.S. PVH is an American clothing retailer known for operating some of the most popular apparel brands in the world including Tommy Hilfiger and Calvin Klein. BizVibe has redefined the concept of B2B networking by helping buyers select the right supplier. Inditex led all fashion companies in the world in sales revenue achieving 28.89 billion USD in sales revenue at the end of the fiscal year 2019. As the global fashion industry become increasingly competitive and challenging, some of the major trends that have been witnessed in the global apparel industry is that more and more world’s largest apparel companies have started to taken new strategies to strengthen their product portfolio and increase strategic partnerships and acquisitions. It is an American luxury department store that engages in the manufacture and trade of clothes, shoes, and accessories. They are outstanding and trusted … Nike. What is the cheapest country to manufacture clothes? The brand value of this household name is estimated at 28 billion dollars. China and Hong Kong lead the world in apparel exports in total cash value, with over $185 billion in total value. Bangladesh is the fastest growing apparel exporter in the world, reaching a value of more than $25 billion in 2015. China has surpassed the United States to become the world’s largest apparel market since 2019. “UK T-shirt Printing” has won many awards for staying true to high organic standards. What are the retail apparel industry trends in 2020 and the future of the market? The company works with emerging designers, eco-fashion pioneers, and even growing businesses. This list includes names of both small and big fashion businesses. Connect and track the latest news and insights from these companies. Inditex Headquarters: Arteixo (A Coruña), Spain. TJX Companies Inc: 88,024 : NYSE: TLYS: US: Tilly's Inc: 277 : NASDAQ: URBN: US: Urban Outfitters, Inc. 3,706 : NYSE: VNCE: US: Vince Holding Corp: 141 : … The Gap was founded back in 1969 by Donald and Doris Fisher with its current headquarters in San Francisco, California. It designs, manufactures, and retails its own line of apparel under its major brands such as UNIQLO, GU, PLST, Theory, Helmut Lang, Comptoir des Cotonniers etc. However, today very few companies in the field of clothing manufacturing earned the top positions globally. Kering SA is another world’s leading luxury fashion company that designs, manufactures, and markets apparel and other fashion products. Top 30 | A B C D E F G H I J K L M N O P Q R S T U V W Y Z. Adidas Group; American Eagle Outfitters; ASOS Plc; Authentic Brands Group; Boohoo Group Plc; Centric Software Inc; Columbia Sportswear Company; Cone Denim; Crocs Inc; Debenhams Plc; Gap Inc; Hugo Boss AG; J Sainsbury Plc; JD Sports Fashion Plc; Kontoor Brands Inc; L Brands … “Although most clothing brands don’t own their own factories, they do have a lot of influence. In the fiscal year 2019, Hennes & Mauritz ranked 3rd in sales revenue among the top clothing retailers in the world at 21.50 billion USD, and ranking also 3rd in market capitalization. This list includes the most famous fashion companies in the industry, so if you're thinking of working in the fashion industry you might want to look to these company names for jobs. These companies account for 97% of global economic profit in the sector. • https://www.cottonprint.co.uk/ - Cotton Print is the leading company for clothing men in the UK. This is BizVibe’s list of the top clothing retailers in the world by sales revenue based on 2019 fiscal year data. The following are common types of fashion business. Today, China contributes over 24% of the total revenues in the global apparel industry every year. Fast Retailing was founded back in 1963 in Ube, Yamaguchi, Japan and has its current headquarters in Yamaguchi, Japan as well. It also owns several sports and lifestyle brands including Puma, Volcom, Cobra, Electric, and Tretorn. China is currently the world’s largest apparel market in terms of apparel production and apparel sales. Founded back in 1947, the Swedish multinational clothing retailer H&M is now a staple in fast-fashion. In the 2019 fiscal year, revenues for Fast Retailing were the 2nd largest in the world at 21.51 billion USD, trailing only Inditex. #6 of 10 Best Fashion PR Companies of 2019 - Choosing the right public relations team is a huge step for a fashion designer, fashion firm or anybody else who wants to make a name for themselves in the fashion industry. In 2019, Adidas generated a total $25.9 billion sales. Join BizVibe, and discover thousands of world’s leading apparel suppliers and buyers today! These companies are changing the way businesses are innovating in the clothing retail industry. The USA and China have the largest clothing retail markets in the world as of 2020. Beyond 2020, the future of the clothing retail industry looks promising as the top clothing retailers continue to innovate with products, distributions and how the leading apparel manufacturers create products. H&M, short for Hennes & Mauritz, is one of the world’s largest fashion retailers in clothing, accessories, footwear, cosmetics, and home textiles sectors. The company was founded by Amancio Ortega Gaona in 1963 and is headquartered in A Coruna, Spain. The UK fashion industry has experienced a big growth over the last two decades, and it accounts for 5.4% of the national GDP. 3rd on BizVibe’s list of the top 10 clothing retailers in the world is H&M. The Retail segment comprises all business activities relating to the sale of adidas and Reebok products directly to end consumers through own retail and own e-commerce platforms. In addition to Uniqlo, the company also operates several other brands, including J Brand, Comptoir des Cotonniers, GU, Princesse Tam-Tam, and Theory. Here are 10 fashion companies leading the way in sustainability. EU captured 23.5 percent of the global market share at an export value of 74 billion U.S. dollars. Despite the fact that decreasing brick-and-mortar sales have been suffered by many top fashion retailers due to the rise of the e-commerce in the last few years, the world’s top 10 largest apparel companies still managed to expand their business in various ways and maintained their market leadership through 2020. The Site uses cookies to record users' preferences in relation to the functionality of accessibility. Inditex is one of the world’s largest apparel companies and fashion retailers. Current with its headquarters in New Albany, Abercrombie & Fitch reached global revenues of 3.59 billion USD — making the company of the top clothing retailers in the world by global revenues in 2020. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Inditex is mainly known for its very popular brand, and flagship store Zara, but also operates many popular chains in the world including Zara Home, Massimo Dutti, Bershka, Oysho, Pull and Bear, Stradivarius and Uterqüe. Founded in 1967, with current headquarters in New York City, New York, U.S. Ralph Lauren is one of the most recognized brands in the world and operate multiple products line including luxury clothing, footwear, fragrances, housewares, furniture, and jewelry. Due to its amazing growth and coming in 2nd in global sales revenue, Fast Retailing is 2nd on BizVibe’s list of the top clothing retailers in the world for 2020. Nike and TJ Maxx are among the companies dominating America's clothing retail landscape. Home of TANKFEST and Tiger 131. What makes Inditex unique, is its fast production, usually consisting of new styles being prototype sin just 5 days based on customer feedback. Nike was ranked as the world’s second largest apparel companies with its $38.7 billion sales in 2019 It is currently the world largest sportswear company manufacturing and selling some of the world’s best sports clothing and footwears. The company was founded by Christian Dior in 1946 and is headquartered in Paris, France. Privacy & Cookie Notice. Operating over 1,000 stores worldwide, the brand is known for targeting a younger demographic with its styles and product. 55% of apparel and footwear sales originated from outside of North America or Europe. of Fashion and McKinsey & Company have teamed up to bring our trademark rigour and evidence to debates within the global fashion industry and to provide an authoritative annual picture of The State of Fashion. The Gap Headquarters: San Francisco, California, U.S. 5th on our list of the top clothing retailers in the world is American fashion retail company L Brands. The top clothing retailers in the world are contributing to a very fast-growing clothing retail industry in 2020. For this reason, it is also the best fashion companies to work for in 2018. The company operates through several main brands including Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Intermix. As the most important segment in the global fashion sector, the global apparel industry has witnessed a strong and steady growth over the years, while the world’s top 10 largest apparel companies continues to dominate the market with some of the highest apparel sales and market shares around the world. Privacy & Cookie Notice. If you are wondering what the biggest fashion companies are, then this list has you covered. The producing sectors build upon a wealth of … Popularity is based on millions of responses from the British … Please refer to the help guide of your browser for further information on cookies, including how to disable them. 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