10 Largest Fashion Companies In The World (2026 Update)
Explore the top ten fashion companies globally, ranked by their reported revenues from 2023. These figures reflect the evolving landscape of the fashion industry and are sourced from Statista.com.
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Nike. Beaverton, Oregon, U.S.
2023 Revenue: $51.2 billion
Nike, founded in 1964 as Blue Ribbon Sports, Inc., rebranded to Nike less than a decade later. This iconic brand dominates the athletic apparel market, offering everything from sports equipment to streetwear.
The company significantly boosts its visibility through endorsements from professional athletes across various sports. The partnership with Michael Jordan, which birthed the legendary Air Jordan sneakers in 1985, remains a highlight. These shoes are not only sought after for their performance but also as cultural icons.
Despite facing ongoing scrutiny over labor practices, Nike continues to maintain its status as a leading global apparel company.
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Gucci. Florence, Italy
2023 Revenue: $21.4 billion
Founded in 1921 by Guccio Gucci, this luxury fashion house has become synonymous with elegance and sophistication. Known for its handbags, footwear, apparel, and fragrances, Gucci has solidified its position in the luxury market.
Gucci’s journey began when Guccio was inspired by his experiences at London’s Savoy Hotel. His luxury leather luggage line debuted in 1921, followed by the iconic handbags in 1937. Today, the brand is recognized globally for its double-G logo, often worn by celebrities in high-profile locations like Rodeo Drive and Fifth Avenue.
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Adidas. Herzogenaurach, Germany.
2023 Revenue: $18.6 billion
Adidas, originally established as the Dassler Brothers Shoe Factory in 1924, has become a powerhouse in sportswear and lifestyle apparel. The brand is recognized for its innovative designs and commitment to sustainability.
Founded by brothers Adolf and Rudolf Dassler, Adidas gained fame when Jesse Owens wore their shoes during the 1936 Olympics. Their rivalry led to the creation of Puma by Rudolf Dassler. Today, Adidas is known for its three-stripe logo and a wide range of sports equipment.
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Louis Vuitton. Paris, France.
2023 Revenue: $18.2 billion
Founded in 1854, Louis Vuitton started as a maker of high-quality trunks and has evolved into a leading luxury brand known for leather goods, fashion, and accessories. Its fame skyrocketed with strategic store openings and impactful advertising.
The brand’s monogram logo became a hallmark of luxury, and Louis Vuitton joined Moët et Chandon and Hennessy to form LVMH, a luxury goods conglomerate in 1987, making it one of the most recognizable brands globally.
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Cartier. Paris, France.
2023 Revenue: $16.4 billion
Founded in 1847, Cartier is celebrated for its fine jewelry and luxury watches. Known as the “jeweler of kings,” Cartier has a storied history of catering to royalty and celebrities alike.
With royal endorsements and exquisite craftsmanship, Cartier has built a legacy that includes iconic designs worn by figures such as Princess Elizabeth and Kate Middleton. The brand continues to flourish in the luxury market.
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ZARA. Arteixo, Spain
2023 Revenue: $15.5 billion
ZARA is a leading player in the fast-fashion segment, known for swiftly translating high-fashion trends into accessible pieces. Founded in 1975, ZARA is part of the Inditex group, the largest apparel retailer globally.
With a unique business model that allows for rapid production and distribution, ZARA can bring new designs to stores in just weeks, enticing customers to return frequently to discover fresh offerings.
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H&M. Stockholm, Sweden.
2023 Revenue: $14.7 billion
H&M, founded in 1947, has established itself as a major player in the fast-fashion industry, offering a diverse range of clothing for men, women, and children.
Initially starting as a women’s clothing store, H&M has expanded globally and operates in 74 countries, with a robust online presence. The brand frequently collaborates with high-profile designers and celebrities to enhance its appeal.
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Chanel. Neuilly-sur-Seine, France.
2023 Revenue: $16.1 billion
Founded by Coco Chanel in 1910, this iconic fashion house is renowned for revolutionizing women’s fashion. Chanel has left an indelible mark on the industry with its luxury goods and timeless designs.
Chanel No. 5 remains a best-seller, with reports of a bottle sold every thirty seconds. The brand’s legacy is carried forward by numerous celebrity endorsements, ensuring its place at the forefront of fashion.
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UNIQLO. Ube, Japan.
2023 Revenue: $13.2 billion
Established in 1949, UNIQLO has gained recognition for its affordable, casual wear. With stores across the globe, the brand emphasizes a unique approach to clothing that blends comfort and style.
The name UNIQLO is derived from a combination of “unique” and “clothing,” signifying its brand identity. With a commitment to high-quality materials and innovative designs, UNIQLO continues to attract a broad customer base.
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Hermès. Paris, France.
2023 Revenue: $12.5 billion
Hermès, founded in 1837, is synonymous with luxury and craftsmanship. Initially focused on leather goods for equestrian pursuits, the brand has expanded into a diverse range of high-end products.
Known for its exclusivity and refusal to compromise on quality, Hermès has established a reputation for producing limited quantities of goods, ensuring each item is a treasured possession.
As the fashion industry continues to evolve, these companies remain at the forefront, adapting to changing consumer preferences and technological advances. The landscape is increasingly marked by sustainability, digital transformation, and a commitment to ethical practices, shaping the future of fashion.
Author
Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.
