These are the biggest clothing companies in America (2024)

FAQs

What are the biggest USA clothing brands? ›

The top 10 clothing brands in the world based on their brand value ranking in 2022 are Nike, Louis Vuitton, Gucci, Chanel, Adidas, Hermès, Zara, H&M, Cartier and UNIQLO. The clothing industry, also known as the apparel market, includes clothing ranging from sportswear to business wear to daily wear to luxury products.

In March 2022, The LVMH Group was by far the clothing company with the highest market capitalization, at approximately $367 billion dollars. This was over 150 billion dollars more than Nike, the company in second place, with a market cap of $216 billion dollars.

While Americans' diverse cultural roots are reflected in their clothing, particularly those of recent immigrants, cowboy hats, boots, jeans, and leather motorcycle jackets are emblematic of specifically American styles.

A League of Their Own

I would like to remind you that The Big Four in Fashion and Beauty comprise Hermès, Louis Vuitton, Dior, and Chanel. Those high-end fashion, fragrance, and luxury beauty brands have formed a league of their own and every other brand would love to achieve their status.

Value of the leading global apparel brands 2022

This statistic shows the value of the leading ten apparel brands worldwide in 2022. In that year, Nike was the top ranked apparel brand in the world with a brand value of approximately 33.18 billion U.S. dollars.

The world's largest athletic apparel company, Nike is best known for its footwear, apparel, and equipment. Founded in 1964 as Blue Ribbon Sports, the company became Nike in 1971 after the Greek goddess of victory. One of the most valuable brands among sport businesses, Nike employs over 76,000 people worldwide.

Sales of selected fashion manufacturers/retailers worldwide in 2021. Inditex had the highest sales among the selected major apparel retailers and manufacturers, with revenues of approximately 31 billion U.S. dollars in 2021. Hennes and Mauritz (H&M), and Fast Retailing were ranked second and third, respectively.

Who makes the most clothes? ›

China is currently the world's largest textile producer and exporter of both raw textiles and garments, accounting for over half of the global textile output every year.

Called the "Big Four", the most prominent fashion capitals of the world—in chronological order of their eponymous fashion weeks, are New York City, London, Milan, and Paris, which receive the majority of press coverage.

And the winner is... Hermès! The French fashion house is the world's oldest luxury brand still in operation today. It was established in 1837 by Thierry Hermès.

France is the leading country for the fashion industry in the world, according to the Brands Countries IPX by IFDAQ.

Southern California is home to the largest apparel-manufacturing center in the nation. On any given workday, 46,000 workers cut, sew and dye clothes in urban clothing factories, many in Los Angeles' bustling fashion district.

With a 25.65 per cent share, China continues to be the largest supplier of textiles and clothing to the US, followed by Vietnam with 14.87 per cent.

Fast Fashion Leaders

Major players in the fast-fashion market include Zara, H&M Group, UNIQLO, GAP, Forever 21, Topshop, Esprit, Primark, Fashion Nova, and New Look. Many companies are both retailers and manufacturers, though they often outsource the actual production of clothing.

Four competitive accounting firms in the U.S manage over 78 percent of all U.S. public audits and 99 percent of all public company sales. In the accounting world, Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young, and KPMG are the accounting firms to work for.

Which Big 4 company is the best? ›

Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers (PwC) are the four of the top accounting companies to work for. They are the best choice for the individual looking for quick growth and a lucrative salary, both in one place.

Nike has maintained a considerable lead over second-ranked Gucci, with a brand value of US$15.6 billion, down 12% from 2020. The report calculates that the total value of the world's top 50 most valuable apparel brands has declined by 8%, decreasing to US$276.4 billion in 2021 compared to US$301.9 billion in 2020.

Louis Vuitton's top 10 position also means it clearly leads the Luxury ranking, while Nike tops the Apparel list with a 31% increase in its brand value to $109.6 billion.

1. Adidas. Established in 1949, Adidas is a global brand and Nike's top competitor.

The biggest apparel brand in the world

U.S.-based Nike is the world's leading brand in athletic footwear and apparel, and the world's most valuable clothing brand in general.

What demographic buys the most Nike products? Consumers between the ages of 15-40 buy the most Nike products, including sneakers, apparel, and sporting goods.

There are many ways to measure athletic brands, but among the three companies under consideration here, Nike is by far the largest. As of Jan. 6, 2023, it has a market capitalization of over $194 billion, while Adidas and Under Armour have market caps of about $25 billion and $5 billion, respectively.

The countries that account for the majority of this apparel demand are the United States and China, both generating substantially higher revenues than any other country. It is perhaps no surprise that the same two countries play a significant role in international trade.

Child Labor and Labor Practices

One such tag allegedly had "need your help" written within the care instructions. Shein responded to these claims in a TikTok video of its own, stating it's all a big misunderstanding and that it has a "strict code of conduct for supplies, which forbids them to use forced labor."

While the vast majority of students who obtain a degree in fashion are women, men still dominate the industry.

What are the most famous clothing stores in the world? ›

Shein, originally named ZZKKO, was founded in China in 2008 by entrepreneur and search engine optimization (SEO) marketing specialist Chris Xu (Xu Yangtian). Information on Xu's educational and career background remains elusive as of 2022, with sources conflicting on details of his biography.

Gucci. Gucci is one of the most popular and expensive clothing brands in the world. The company has come a long way since its inception in 1921, and it is now considered a top luxury fashion house. While there are many reasons for Gucci's success, its exclusive and high-end products are definitely a major factor.

China currently holds the top position among countries with the best cloth manufacturers. The country witnessed a renaissance during the 20th century as its textile industries proliferated. As per a report by the GAC of China, the total export value of garment exports in 2021 closed at a whopping $170.3 billion.

Exporting textiles and apparel is an important source of foreign exchange earnings. The countries aim to capture the global market to ensure their platform in world business. China is the leading manufacturer and exporter of textiles in the world. China's export value was approximately $266.41 billion in 2020.

The biggest manufacturer and exporter of clothing and apparel products is China, with 65% of the world's clothing being made there. The second largest country for clothing manufacturing in the world is Bangladesh. Garment exports make up close to 85% of the country's overall exports.

What is a Luxury Brand? A luxury brand is a brand that is characterized by a high level of quality, exclusivity and high price tags. Luxury brands are present in many different sectors, especially retail, hospitality and automotive.

A new study has revealed that Gucci is the world's most popular luxury brand for 2023, according to the CEOWORLD magazine.

Probably one of the most popular types of fashion styles, business casual, born in Silicon Valley in the early 1980s, is pretty self-explanatory. Consider it the perfect blend of traditional business wear with more relaxed pieces that are suitable for the office yet not overly formal or polished.

A fashion trend defines the particular fashion design that is popular at a particular time. In fact, we don't need to pay special attention, as whenever we see most people (especially younger people) wearing the same design, it reflects that the particular style is a new fashion trend at the moment.

Which country is high in fashion? ›

According to anthropologists and archaeologists, the earliest clothing likely consisted of fur, leather, leaves, or grass that was draped, wrapped, or tied around the body. Knowledge of such clothing remains inferential, as clothing materials deteriorate quickly compared with stone, bone, shell, and metal artifacts.

The world's largest athletic apparel company, Nike is best known for its footwear, apparel, and equipment. Founded in 1964 as Blue Ribbon Sports, the company became Nike in 1971 after the Greek goddess of victory. One of the most valuable brands among sport businesses, Nike employs over 76,000 people worldwide.

US' imports of textiles and apparel have continued to grow in value terms and rose by 16.03 per cent to $132.201 billion in 2022, compared to $113.938 billion in 2021. With a 25.65 per cent share, China continues to be the largest supplier of textiles and clothing to the US, followed by Vietnam with 14.87 per cent.

Why is Zara so successful? Zara is the biggest Spanish clothing retailer in the world based on sales value. Its success is due to its fast fashion strategy that is based on a strong supply chain and quick market feedback loops.

“They're cheaper than most secondhand clothing and of such low quality that it's unlikely they'll survive multiple owners. The fact that Shein is using data from secondhand sales to inform what to reproduce shows a complete lack of willingness to slow production.

Puma is the third largest sportswear manufacturer in the world. The company was founded in 1948 by Rudolf Dassler (1898–1974). In 1924, Rudolf and his brother Adolf "Adi" Dassler had jointly formed the company Gebrüder Dassler Schuhfabrik ('Dassler Brothers Shoe Factory').

Who has the biggest market share in sportswear? Today, Nike is recognized as the best sports brand, with a revenue of $46.9 billion and assets worth $38.6 billion in 2022. Read on and find out the biggest sports brands in the world currently.

What is the biggest sportswear market? ›

By Geography: In 2022, North America dominated the market with the highest revenue share of 41%, followed by Europe and Asia-Pacific. However, Asia-Pacific is expected to show the fastest growth from 2023-2032, driven by the growing demand for sportswear in developing countries such as China and India.

It is the parent company of several clothing and fashion brands, most notably Uniqlo, the world's largest clothing retailer. Other brands under the Fast-Retailing umbrella include Theory, Comptoir des Cotonniers, Princesse tam. tam, and J Brand. The market cap of Fast Retailing Co., Ltd.

The Zara target market includes women and men, mainly younger adults in the age range of 18 to 40. This places the Zara segmentation strategy as largely focusing on Millennials and Gen Z, who are both fashion conscious and tech savvy.

What are some of Zara's weaknesses? Fast-Fashion: Interestingly, the trend that helped propel Zara to the top is the cause of its most pressing weakness. With the focus on sustainability increasing among customers and policymakers Zara's weakness is balancing sustainability with fast-fashion.

Zara's competitors and similar companies include Fast Retailing, UNIQLO, H&M and Reformation. Zara is a Spanish fast fashion clothing and accessories retailer. Fast Retailing is a retail holding company. Uniqlo is a casual wear designer, manufacturer and retailer.

Shein, originally named ZZKKO, was founded in China in 2008 by entrepreneur and search engine optimization (SEO) marketing specialist Chris Xu (Xu Yangtian). Information on Xu's educational and career background remains elusive as of 2022, with sources conflicting on details of his biography.

Shein US users

The US is Shein's second largest market by total usage (behind Brazil) and its largest by revenue.