[Ranking] TOP 25 Apparel / Consumer Goods Companies Q3/2023
The apparel industry plays a critical role in the worldwide economy, providing clothing and accessories to billions of people around the globe. With a diverse range of products and styles, this sub-industry within the consumer goods sector has a profound influence on fashion trends and consumer behavior.
Not only does the apparel industry impact the fashion world, but it also has ripple effects across various sectors. From retail and manufacturing to advertising and logistics, numerous industries rely on the success and innovation within the apparel market. Changes in consumer preferences and buying habits can have far-reaching consequences throughout the global supply chain.
In terms of economic magnitude, the apparel industry is a major player. It generates billions of dollars in revenue annually and employs millions of people worldwide. With increasing disposable incomes in emerging markets and a growing global population, the demand for clothing and fashion is on an upward trajectory.
Recent trends, breakthroughs, and obstacles are shaping the apparel industry. Sustainability has become a key focus, with companies adopting eco-friendly practices and materials. Technology is also playing a significant role, with advancements in areas like e-commerce, virtual reality, and smart textiles. Additionally, the COVID-19 pandemic has presented challenges and opportunities, forcing companies to adapt to changing consumer behaviors and supply chain disruptions.
The landscape of the apparel industry is constantly evolving, driven by changing fashion tastes, technological advancements, and global events. As a result, the top companies in this sub-industry are those that can navigate these shifts, stay ahead of trends, and meet the demands of an ever-changing consumer base.
#25 The Children's Place Inc
Description: The Children's Place Inc is a leading retailer specializing in children's apparel. Headquartered in Secaucus, United States, the company operates in the apparel industry within the consumer goods sector. Founded in 1969, The Children's Place offers a wide range of clothing and accessories for children of all ages, from infants to pre-teens. With a dedicated focus on providing fashionable and affordable clothing options, the company has established itself as a trusted brand among parents and caregivers. The Children's Place operates both online and through a network of physical stores across North America. With approximately 4,500 employees, the company generated annual revenue of 1.7 billion dollars, making it a significant player in the children's apparel market.
#24 Fossil Group Inc
Description: Fossil Group Inc is a leading player in the Apparel industry, specializing in the design, manufacturing, and distribution of fashion accessories. The company, headquartered in Richardson, United States, operates globally, offering a wide range of products including watches, jewelry, handbags, and small leather goods. With a strong focus on innovation and creativity, Fossil Group Inc has established itself as a prominent brand, catering to both men and women. The company's products are sold through various channels, including company-owned stores, department stores, and online platforms. Founded in 1984, Fossil Group Inc has grown to become a major player in the fashion industry, employing approximately 8,000 individuals and generating annual revenue of around 2 billion US dollars.
#23 Guess Inc
Description: Guess Inc is a prominent player in the Apparel industry, specializing in fashion-forward clothing, accessories, and footwear. With its headquarters located in Los Angeles, United States, Guess Inc has established itself as a global brand known for its trendy and stylish designs. Since its founding in 1981, Guess Inc has grown exponentially and currently employs approximately 15,000 individuals worldwide. The company has achieved significant success in generating revenue, with an estimated annual revenue of 2.5 billion dollars. Guess Inc continues to captivate consumers with its fashion-forward approach and remains a leading player in the Apparel industry.
#22 Columbia Sportswear Company
Description: Columbia Sportswear Company, headquartered in Portland, United States, is a leading player in the Apparel industry. Founded in 1938, the company has established itself as a prominent manufacturer and retailer of outdoor apparel, footwear, accessories, and equipment. With approximately 7,000 employees, Columbia Sportswear operates globally, catering to the needs of outdoor enthusiasts and athletes. The company has achieved significant revenue growth, with annual revenues reaching 3 billion dollars. Columbia Sportswear's commitment to innovation, quality, and performance has made it a trusted brand among consumers seeking durable and functional clothing for outdoor activities.
#21 Carter's Inc
Description: Carter's Inc, headquartered in Atlanta, United States, is a prominent player in the Apparel industry. Established in 1865, the company has a rich history of providing high-quality clothing and accessories for babies, toddlers, and young children. With a workforce of approximately 20,000 employees, Carter's Inc has built a strong presence in North America and operates through various retail channels including its own stores, e-commerce platforms, and wholesale partnerships. The company's revenue stands at an impressive 3 billion dollars, driven by its extensive product range, brand recognition, and commitment to innovation. Carter's Inc continues to be a trusted choice for parents seeking comfortable and stylish clothing options for their little ones.
#20 Lululemon Athletica Inc
Description: Lululemon Athletica Inc is a leading company in the Apparel industry. Headquartered in Vancouver, Canada, the company was founded in 1998. With approximately 20,000 employees, Lululemon designs, manufactures, and distributes athletic apparel and accessories for men and women. The company's products include yoga pants, leggings, tops, shorts, jackets, and sports bras, made from high-quality materials that prioritize comfort and performance. Lululemon has established a strong brand presence and has become popular among fitness enthusiasts and casual athletes alike. The company operates through its retail stores, e-commerce platform, and select wholesale partners. In recent years, Lululemon has experienced significant revenue growth, reaching approximately 4 billion dollars. With its commitment to innovation, quality, and customer satisfaction, Lululemon continues to be a prominent player in the global apparel market.
#19 ASICS Corporation
Description: ASICS Corporation, headquartered in Kobe, Japan, is a leading player in the Apparel industry. Founded in 1949, ASICS has a strong presence in the global market, delivering high-quality sportswear and footwear for athletes and sports enthusiasts. With approximately 10,000 employees, ASICS is committed to innovation and creating products that enhance athletic performance. The company's revenue stands at around 4 billion dollars, reflecting its success in the highly competitive consumer goods sector. ASICS continues to strive for excellence and cater to the diverse needs of its customers through its extensive range of products and dedication to technological advancements in sportswear.
#18 American Eagle Outfitters Inc
Description: American Eagle Outfitters Inc is a leading apparel company based in Pittsburgh, United States. Founded in 1977, the company operates in the consumer goods industry, specifically in the apparel sector. With its headquarters in Pittsburgh, American Eagle Outfitters has established itself as a prominent player in the market. The company offers a wide range of trendy clothing and accessories, targeting young adults and teenagers. American Eagle Outfitters operates through its flagship brand, American Eagle, which is known for its casual and comfortable clothing. With a team of approximately 12,500 employees, the company generates impressive annual revenues of around 4.3 billion dollars.
#17 Capri Holdings Limited
Description: Capri Holdings Limited, headquartered in New York, United States, is a prominent player in the Apparel industry. Founded in 1981, the company has grown to employ approximately 18,000 individuals worldwide. With a revenue of 4.5 billion dollars, Capri Holdings operates a portfolio of luxury fashion brands including Michael Kors, Versace, and Jimmy Choo. The company designs, manufactures, and distributes a wide range of apparel and accessories, catering to fashion-conscious consumers globally. Capri Holdings' commitment to innovation, quality, and craftsmanship has positioned it as a leading force in the consumer goods industry, offering iconic luxury products that resonate with discerning customers.
#16 Tapestry Inc
Description: Tapestry Inc, headquartered in New York City, is a leading company in the Apparel industry. Founded in 1941, the company operates a portfolio of luxury brands including Coach, Kate Spade New York, and Stuart Weitzman. With approximately 19.2 thousand employees, Tapestry Inc generates an impressive revenue of 4.9 billion dollars. The company designs, manufactures, and markets a wide range of apparel, handbags, footwear, and accessories. Their brands are renowned for their craftsmanship, quality, and timeless style, appealing to fashion-forward consumers worldwide. Tapestry Inc has a strong online presence, with a website that showcases their latest collections and offers a seamless shopping experience. With a rich heritage and a commitment to innovation, Tapestry Inc continues to be a prominent player in the Apparel industry.
#15 Skechers USA Inc
Description: Skechers USA Inc, headquartered in Manhattan Beach, United States, is a prominent player in the Apparel industry. Since its founding in 1992, the company has grown to employ approximately 46,000 individuals globally. With annual revenues reaching 5 billion dollars, Skechers has established itself as a leading brand in the consumer goods sector. The company is renowned for its wide range of footwear and apparel products, catering to diverse customer preferences. Skechers continues to innovate and expand its product offerings, consistently delivering high-quality products to its loyal customer base.
#14 Levi Strauss & Co
Description: Levi Strauss & Co is a renowned apparel company operating in the Consumer Goods industry. Headquartered in San Francisco, United States, the company was founded in 1853. With approximately 15,000 employees, Levi Strauss & Co has established itself as a key player in the apparel market. The company generates a revenue of 5 billion dollars annually. Levi Strauss & Co is widely recognized for its iconic Levi's brand, which offers a wide range of denim jeans, clothing, and accessories. With a strong emphasis on quality, innovation, and sustainability, Levi Strauss & Co continues to be a leading name in the apparel industry, catering to diverse consumer needs worldwide.
#13 Under Armour Inc
Description: Under Armour Inc, headquartered in Baltimore, United States, is a leading player in the Apparel industry. Since its founding in 1996, the company has established itself as a prominent name in the sportswear market, offering a wide range of performance apparel, footwear, and accessories. Under Armour's innovative products cater to athletes and fitness enthusiasts, delivering a perfect blend of style and functionality. With a workforce of approximately 16,000 employees, the company continues to expand its global presence and serve customers across the globe. Under Armour has achieved significant revenue growth, with annual revenue reaching 5 billion dollars. Through its commitment to cutting-edge technology and continuous product innovation, Under Armour remains a key player in the Apparel industry.
#12 Puma SE
Description: Puma SE, headquartered in Herzogenaurach, Germany, is a leading player in the Apparel industry. Founded in 1948, the company has a workforce of approximately 16,000 employees. Puma is known for its innovative and stylish sportswear and footwear products that cater to athletes and sports enthusiasts. With a revenue of around 5.5 billion US dollars, Puma has established itself as a major player in the consumer goods market. The company's commitment to sustainability and social responsibility is evident in its efforts to reduce environmental impact and promote fair labor practices. Puma's website provides comprehensive information about their products, collaborations, and corporate initiatives, making it a go-to destination for sports and fashion enthusiasts alike.
#11 Ralph Lauren Corporation
Description: Ralph Lauren Corporation, headquartered in New York City, United States, is a leading company in the Apparel industry. Founded in 1967, the company has grown to become a global fashion brand known for its premium lifestyle products. With approximately 25,000 employees, Ralph Lauren operates in various segments of the Apparel industry, including clothing, accessories, fragrances, and home furnishings. The company's revenue is estimated to be around 6 billion dollars, reflecting its strong presence and popularity among consumers worldwide. Through its iconic Polo Ralph Lauren brand and other subsidiaries, Ralph Lauren continues to set trends and deliver high-quality products that resonate with fashion-conscious individuals.
#10 PVH Corp
Description: PVH Corp, headquartered in New York City, United States, is a leading company in the Apparel industry. With a history dating back to 1881, PVH is known for its iconic brands such as Calvin Klein, Tommy Hilfiger, Van Heusen, and IZOD. The company operates globally, designing, marketing, and selling a wide range of apparel and accessories for men, women, and children. PVH's brands are renowned for their high-quality craftsmanship, innovative designs, and strong brand recognition. With approximately 40,000 employees, PVH generates significant revenue of 9.7 billion dollars annually, making it a prominent player in the consumer goods sector.
#9 L Brands Inc
Description: L Brands Inc, based in Columbus, Ohio, is a leading company in the Apparel industry. Founded in 1963, the company has grown to become a major player in the consumer goods sector. With a workforce of approximately 85,000 employees, L Brands Inc operates a diverse portfolio of popular apparel brands. The company's revenue stands at an impressive 12.7 billion dollars. L Brands Inc continues to innovate and captivate the market with its stylish and high-quality clothing, catering to a wide range of consumer preferences. Through its strong brand presence and strategic marketing initiatives, L Brands Inc has established itself as a key player in the competitive apparel industry.
#8 VF Corporation
Description: VF Corporation, headquartered in Greensboro, United States, is a leading player in the Apparel industry. Founded in 1899, the company has grown to become a major global fashion company with a diverse portfolio of brands. With approximately 69,000 employees, VF Corporation operates a wide range of well-known brands such as The North Face, Vans, Timberland, Wrangler, and Lee. The company's revenue in 2020 reached 13.8 billion dollars, showcasing its strong market presence and financial performance. VF Corporation continues to innovate in the apparel industry, offering high-quality products and driving sustainable practices to meet the evolving demands of consumers worldwide.
#7 Kering SA
Description: Kering SA is a leading company in the Apparel industry, operating in the Consumer Goods sector. With its headquarters in Paris, France, Kering is a European multinational luxury goods conglomerate. The company was founded in 1963 and has grown to become a major player in the fashion and apparel market. Kering owns a portfolio of renowned luxury brands including Gucci, Saint Laurent, Balenciaga, Alexander McQueen, and Bottega Veneta, among others. With approximately 38,000 employees worldwide, Kering generates a revenue of around 15 billion US dollars. The company is recognized for its commitment to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility within the industry.
#6 Gap Inc
Description: Gap Inc is a leading apparel retailer headquartered in San Francisco, United States. Founded in 1969, the company operates in the Consumer Goods industry, specifically in the Apparel sector. With a workforce of approximately 130,000 employees, Gap Inc has established itself as a major player in the industry. The company generates impressive annual revenue of 16 billion dollars. Gap Inc offers a wide range of clothing and accessories for men, women, and children through its various brands, including Gap, Banana Republic, Old Navy, Athleta, and Intermix. With its commitment to quality, style, and sustainability, Gap Inc continues to be a popular choice among consumers worldwide.
#5 Fast Retailing Co Ltd
Description: Fast Retailing Co Ltd, headquartered in Yamaguchi, Japan, is a leading company in the Apparel industry. Since its founding in 1963, the company has grown to employ approximately 50,000 employees globally. With a revenue of 22.9 billion dollars, Fast Retailing Co Ltd operates through a portfolio of well-known brands including UNIQLO, GU, Theory, Comptoir des Cotonniers, and J Brand. The company's focus in the Apparel industry is on creating innovative and high-quality clothing for men, women, and children at affordable prices. Fast Retailing Co Ltd has a strong presence in the Asian market, particularly in Japan, China, and South Korea, and continues to expand its global footprint with stores in over 25 countries. With its commitment to sustainability and social responsibility, Fast Retailing Co Ltd strives to contribute to a better society through its business operations.
#4 H&M Hennes & Mauritz AB
Description: H&M Hennes & Mauritz AB is a Swedish multinational retail company that operates in the Apparel industry. Headquartered in Stockholm, Sweden, H&M was founded in 1947. With approximately 100,000 employees worldwide, the company generates a revenue of around 24 billion US dollars. H&M is known for its fast-fashion clothing offerings and operates a large number of stores globally. The company designs and sells a wide range of apparel products for men, women, teenagers, and children. H&M focuses on offering trendy and affordable fashion to a broad customer base, with a strong emphasis on sustainability and responsible business practices.
#3 Adidas AG
Description: Adidas AG, headquartered in Herzogenaurach, Germany, is a leading company in the Apparel industry. Founded in 1949, Adidas has grown to become one of the most recognized sportswear brands globally. With approximately 60,000 employees, Adidas operates in various segments of the consumer goods market, focusing on the design, manufacturing, and distribution of sports apparel, footwear, and accessories. The company's revenue stands at around 25 billion US dollars, showcasing its strong presence and success in the industry. Adidas continues to innovate and collaborate with athletes and fashion designers to create high-quality and stylish sportswear products that cater to a wide range of consumers.
#2 Inditex SA
Description: Inditex SA, headquartered in Arteijo, Spain, is a leading company in the Apparel industry. Founded in 1985, the company has grown to become one of the largest fashion retailers globally. With a workforce of approximately 174,000 employees, Inditex operates a vast network of stores under various brand names, including Zara, Pull&Bear, Massimo Dutti, Bershka, and Stradivarius. The company's success lies in its fast-fashion business model, where it quickly responds to changing customer preferences and delivers trendy and affordable clothing. Inditex's revenue reached an impressive 25.3 billion dollars, solidifying its position as a key player in the consumer goods market.
#1 Nike Inc
Description: Nike Inc, headquartered in Beaverton, United States, is a leading global company in the Apparel industry. Founded in 1964, Nike has established itself as a major player in the consumer goods sector. With approximately 75,000 employees worldwide, Nike operates a vast network of manufacturing, distribution, and retail facilities to cater to its customers' needs. The company generates impressive annual revenue of 37 billion dollars, reflecting its strong market presence and consumer demand for its products. Nike is renowned for its innovative designs, cutting-edge technology, and iconic branding, making it a preferred choice for athletes and fashion-conscious consumers alike. Through its website and brick-and-mortar stores, Nike offers a wide range of athletic footwear, apparel, equipment, and accessories, catering to diverse customer preferences and sports disciplines.
The analysis of the top companies in the Apparel sub-industry within the Consumer Goods sector reveals some interesting findings. The rankings are based on factors such as revenue, market share, and brand value. The top companies in this sub-industry have achieved significant accomplishments and are major players in the global market.
One unexpected finding is the rise of online retailers in the Apparel sub-industry. These companies have leveraged technology and e-commerce platforms to disrupt the traditional retail landscape. Their success can be attributed to their ability to provide a wide range of apparel options, competitive prices, and convenient shopping experiences.
The premier companies in the Apparel sub-industry include well-known brands such as Nike, Adidas, H&M, and Zara. These companies have established a strong presence in the global market and are recognized for their innovative designs, quality products, and strong brand identities.
One shared element among these leading firms is their focus on sustainability. As consumers become more conscious of the environmental impact of the fashion industry, these companies have implemented sustainable practices in their supply chains and manufacturing processes. They are also investing in eco-friendly materials and promoting recycling initiatives.
What sets these eminent companies apart from their industry rivals is their ability to stay ahead of trends and adapt to changing consumer preferences. They invest heavily in research and development to create innovative products that resonate with their target audience. Additionally, they have mastered the art of effective marketing and brand positioning, which has helped them build a loyal customer base.