Largest Clothing Companies Research Summary
The largest clothing company in the U.S. is TJX Companies, with an annual revenue of $48.55 billion.
The largest clothing company in the world is LVMH, with a market cap of $479.09 billion.
As of 2022, the global apparel industry has a market size of $1.53 trillion U.S. dollars.
The global fashion industry produces between 80 billion and 150 billion garments each year.
The global apparel industry is projected to grow at a CAGR of 2.84% through 2027.
Largest Clothing Companies Research Summary
The largest clothing company in the U.S. is TJX Companies, with an annual revenue of $48.55 billion.
The largest clothing company in the world is LVMH, with a market cap of $479.09 billion.
As of 2022, the global apparel industry has a market size of $1.53 trillion U.S. dollars.
The global fashion industry produces between 80 billion and 150 billion garments each year.
The global apparel industry is projected to grow at a CAGR of 2.84% through 2027.
Clothing companies make up some of the biggest and most profitable businesses in the world. Everyone wants to look their best, and a huge range of brands promise that with their clothes.
Not only do these companies provide the clothes that we use in our daily lives, but they also employ thousands of people across the world. They offer numerous jobs all the way from the creation of their textiles up to the corporate roles that direct the vision of the company.
We’re going to take a look at some of the biggest companies in the world. We’ll start with the top ten American clothing companies, then move to some noteworthy global fashion brands. So, let’s find out more about the largest clothing companies in the world.
Top 10 Largest Clothing Companies in America
2022 Annual revenue: $48.55 billion
Topping the list is TJX Companies, which is made up of TJ Maxx, Marshalls, HomeGoods, HomeSense, Sierra, and other brands abroad. The company focuses on selling low-priced department store goods for their consumers in the nine countries that they operate in.
TJX Companies isn’t just a powerhouse in the clothing industry, but it also ranks highly among large American corporations. In 2018, they were named number 85 on the Fortune 500 list. They employ about 270,000 people across their brands as of 2018.
2022 Annual revenue: $46.71 billion
Known for its stylish sneakers, Nike has expanded its offerings into other athletic equipment to become one of the biggest sportswear brands. The company operates globally with stores across dozens of countries.
With their expansion into collaborating with athletes and sports teams, they’ve risen to the top of name-brand recognition, allowing them to bring in a 2020 revenue of $37.4 billion. As of 2020, they had over 75,000 employees globally.
2022 Annual revenue: $18.916 billion
Known for their discount prices, Ross Stores has consistently ranked as one of the top clothing companies for their unbeatable prices.
Analysts have considered its success and pinned it on the treasure hunting aspect of the stores where each location has different merchandise and allows for discovering new things.
As of 2019, the retailer had 1,523 locations in the US and over 88,000 employees.
2022 Annual revenue: $15.89 billion
Gap Inc. owns brands like Gap, Old Navy, Banana Republic, and Athleta to make up one of the biggest casual fashion retailers. Of their 3,727 stores worldwide, 2,406 are located in the US.
They are ranked as the third-largest clothing company in America, with the most locations globally for one brand. Fortune has ranked them as number 199 on their Fortune 500 list of largest publicly traded companies.
- See AlsoTHE 10 OLDEST LUXURY BRANDS STILL IN OPERATIONClothes & apparel: top brands in the world 2022 | StatistaThe world's top retailers by revenue | StatistaTop 50 Global Retailers 2023
2022 Annual revenue: $15.69 billion
Coming in at number four is the department store, Nordstrom. They have 100 stores across 41 states, and a few locations in Canada. They’re best known as go-to retailers for everything, with merchandise across clothing, home furnishings, accessories, and more.
It is one of the oldest brands listed here. It was founded in 1901 by a Swedish immigrant in Seattle. As of 2018, they had over 74,000 employees across all of their operations.
2021 Annual revenue: $14.21 billion
L Brands is the parent company for numerous popular brands, like Bath Body Works, Victoria’s Secret, and Pink. Between all of their brands, L Brands has become a household name and remained popular as they acquired and sold various other stores.
Victoria’s Secret and Bath Body Works have remained the core of their brand and earned them a spot on the Fortune 500 at number 248.
2022 Annual revenue: $11.8 billion
VF is a huge corporation that you probably don’t recognize the name of, but definitely own products from. Their brands include Dickies, JanSport, Kipling, The North Face, Timberland, Vans, and Supreme.
The company controls 55% of the US backpack market across all of its brands, making it a major player in the clothing industry. Across all of their brands, they employ more than 50,000 people as of 2019.
2022 Annual revenue: $9.32 billion
Another discount department store, Burlington Stores comes in third behind TJX and Ross. They have over 740 stores in 40 states and rank as number 1394 on Forbes’ Global 2000 list of biggest companies.
As of 2023, they had 61,166 employees across all of their locations.
2022 Annual revenue: $9.155 billion
PVH is another huge corporation with many brands under its name. Their most popular ones include Van Heusen, Tommy Hilfiger, Calvin Klein, and IZOD. They operate across many countries and employ nearly 35,000 people globally.
Thanks to the recent interest in 90s fashion, the company has become more popular again with increased sales for their Tommy Hilfiger and Calvin Klein brands.
Tapestry
New York City, NY
2022 Annual revenue: $6.68 billion
Tapestry is the parent company of well-known brands Coach New York, Kate Spade New York, and Stuart Weitzman. With these three brands, the company makes a significant amount of sales and comes in at number ten on our list of largest American clothing companies. It also operates globally.
As of 2022, they had 18,100 employees across their brands.
Find TJX Companies Jobs Near Me
Find VF Corporation Jobs Near Me
Find Burlington Stores Jobs Near Me
Top 10 Largest Clothing Companies in the World
LVMH
Market capitalization: $479.09 billion
Also known as Moët Hennessy Louis Vuitton, LVMH is a French luxury brand whose portfolio includes brands across alcohol products, high-end fashion, perfumes, and accessories.
Well-known fashion houses like Fendi, Givenchy, Bulgari, Tiffany Co, and Marc Jacobs fall under their control.
Hermès
Paris, France
Market capitalization: $223.03 billion
Hermès is unique to this list since it is a highly-valued standalone company without other brands to support it for the most part. The company sells luxury goods, including clothing, perfumes, accessories, and leather goods.
Their exclusive sales model has made the company’s products desirable since its founding in 1837.
Paris, France
Market capitalization: $167.21 billion
Founded in 1946, Dior now has a unique relationship with LVMH as a more stand-alone component of the LVMH corporation. The company is known for its designer women’s and men’s styles, which are sold through its 210 global locations and online store.
Inditex
Arteixo, Spain
Market capitalization: $107.47 billion
Known as the biggest fashion group in the world, Inditex owns global brands like Zara, Massimo Dutti, Bershka, Oysho, and Pull and Bear.
They are known for their unique approach to clothing manufacturing, choosing to design clothes, produce them locally for quick turnaround times, and stock shelves immediately, resulting in a 15-day turnaround time for Zara designs to hit shelves.
Market capitalization: $89.62 billion
This Swiss company is known for its high-profile luxury brands, like Baume Mercier, Buccellati, Cartier, Chloé, Jaeger-LeCoultre, Lancel, Montblanc, Piaget, Peter Millar, Purdey, Roger Dubuis, Vacheron Constantin, and Van Cleef Arpels.
These brands make Richemont the third-largest luxury goods company in the world.
Market capitalization: $83.35 billion
This Italian company focuses on eyewear, with their most important brands being Ray-Ban, Persol, and Oakley. Other companies under the Luxottica name include LensCrafters, Sunglass Hut, and Pearle Vision.
Outside of their own brands, they also work with names like Chanel, Prada, Giorgio Armani, Burberry, Versace, Dolce and Gabbana, Miu Miu, and Tory Burch to create their eyewear lines.
Yamaguchi, Japan
Market capitalization: $75.84 billion
This Japanese company is one of the biggest in Japan and the world. Known for their brands Uniqlo, J Brand, Comptoir des Cotonniers, GU, Princesse Tam-Tam, and Theory, they are an important clothing company globally.
In 2020, they were named number 428 on Forbes’ Global 2000 list of companies.
Paris, France
Market capitalization: $75.11 billion
Another French company, Kering owns many luxury fashion brands. Their holdings include Gucci, Yves Saint Laurent, Balenciaga, Alexander McQueen, and Christopher Kane.
While the brand is known for its luxury brands, it is also gaining recognition for its commitment to sustainable fashion across the lines. They’ve taken several initiatives to become carbon neutral and help the environment in recent years.
Market capitalization: $31.56 billion
Adidas is known for its sportswear, both under the Adidas name and Reebok. Their products include clothing, sports accessories, and sports equipment, and they count as the largest sports manufacturer in Europe.
Their popularity spans the globe with operations in many countries, both within and outside of Europe.
Stockholm, Sweden
Market capitalization: $24.48 billion
This Swedish fast-fashion company operates more than 5,000 stores in 33 countries across the world, making it a huge brand.
It competes with corporations like Spanish Inditex with its flagship brand of HM as well as other subsidiaries like Monki, Weekday, Cheap Monday, COS, Other Stories, and ARKET.
Find Fast Retailing Jobs Near Me
Largest Clothing Companies FAQ
Is apparel a good career path?
Yes, apparel is a good career path for someone who loves clothing and trends. There are many different avenues within the apparel industry, so there are different paths to choose from. The top paying jobs in the apparel are fashion designer, creative director, and trend forecaster.
How much is the fashion industry worth?
The global fashion market was valued at $1.7 trillion in 2022. The U.S. apparel industry accounts for $343.70 billion and is expected to reach $494.89 billion by 2023.
Is the apparel industry growing?
Yes, the global apparel industry growing and is projected to grow at a CAGR of 2.84% through 2027. The U.S. apparel industry is projectedto grow at a CAGR of 1.96% through 2027.
How useful was this post?
Click on a star to rate it!
Average rating / 5. Vote count:
No votes so far! Be the first to rate this post.
Largest Companies
-
Retailers
- Largest Clothing Companies
- Largest Book Stores In America
- Largest Food Stores
- Biggest Electronics Store
- Biggest Grocery Stores In Us
- Largest Restaurant Chains
- Largest Retailers
- Largest Jewelry Companies
- Largest Sporting Goods Companies
- Largest Gas Station Chains
- Largest Shoe Companies
- Largest Convenience Store Chains
Author
Amanda is a writer with experience in various industries, including travel, real estate, and career advice. After taking on internships and entry-level jobs, she is familiar with the job search process and landing that crucial first job. Included in her experience is work at an employer/intern matching startup where she marketed an intern database to employers and supported college interns looking for work experience.
