- Retailers
- Largest Clothing Companies
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- Biggest Grocery Stores In Us
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The 10 Largest Clothing Companies in America and the World
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The largest clothing company in the U.S. is TJX Companies, with an annual revenue of $48.55 billion.
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The largest clothing company in the world is LVMH, with a market cap of $479.09 billion.
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As of 2023, the global apparel industry has a market size of $1.7 trillion U.S. dollars.
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The global fashion industry produces between 80 billion and 150 billion garments each year.
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The global apparel industry is projected to grow at a CAGR of 2.84% through 2027.
Clothing companies represent some of the largest and most profitable enterprises worldwide, catering to the universal desire for personal style. With an expansive array of brands, these companies not only provide essential clothing but also create thousands of jobs globally. From textile creation to corporate leadership, they play a vital role in the economy.
In this article, we will explore the largest clothing companies in the United States and highlight notable global fashion brands. Let’s delve into the largest clothing companies shaping the industry today.
Top 10 Largest Clothing Companies in America
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2023 Annual revenue: $48.55 billion
Topping the list is TJX Companies, encompassing TJ Maxx, Marshalls, HomeGoods, HomeSense, Sierra, and other international brands. The company specializes in providing low-priced department store goods across nine countries.
Not only is TJX a powerhouse in the clothing sector, it also ranks prominently among large American corporations. In 2022, they were listed at number 85 on the Fortune 500, employing approximately 270,000 people globally.
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2023 Annual revenue: $46.71 billion
Renowned for its stylish sneakers, Nike has diversified into various athletic gear, establishing itself as a leading sportswear brand with a global presence.
The brand’s collaborations with athletes and sports teams have significantly enhanced its reputation, contributing to a 2021 revenue of $44.5 billion. As of 2023, Nike employs over 80,000 people worldwide.
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2023 Annual revenue: $18.916 billion
Ross Stores is celebrated for its discount pricing and has consistently ranked among the top clothing retailers due to its unique “treasure hunt” shopping experience, with varied merchandise across its locations.
As of 2023, the retailer operates 1,600 stores in the U.S. and employs over 90,000 people.
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2023 Annual revenue: $15.89 billion
Gap Inc. includes popular brands like Gap, Old Navy, Banana Republic, and Athleta, making it one of the largest casual fashion retailers. They operate 3,500 stores globally, with 2,400 in the U.S.
In 2023, Gap was ranked 199 on the Fortune 500 list, showcasing its substantial market presence.
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2023 Annual revenue: $15.69 billion
Nordstrom is a well-known department store with over 100 locations across the U.S. and Canada, offering a wide range of products from clothing to home goods.
Founded in 1901, Nordstrom has a rich history and employs over 75,000 people as of 2023.
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2022 Annual revenue: $14.21 billion
L Brands is the parent company of popular brands such as Bath & Body Works and Victoria’s Secret. The company has maintained a strong market presence through strategic acquisitions and brand management.
As of 2023, they are ranked at number 248 on the Fortune 500 list.
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2023 Annual revenue: $11.8 billion
VF Corporation is a major player in the clothing industry, owning well-known brands like The North Face, Vans, and Timberland. The company holds a significant share of the U.S. backpack market.
As of 2023, they employ over 50,000 people globally.
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2023 Annual revenue: $9.32 billion
Burlington Stores is another leading discount retailer, with over 740 locations across 40 states. They are ranked number 1394 on Forbes’ Global 2000 list.
As of 2023, they employ approximately 61,000 people across all locations.
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2023 Annual revenue: $9.155 billion
PVH is a global leader with brands like Tommy Hilfiger and Calvin Klein under its umbrella. The resurgence of 90s fashion has boosted sales for their iconic brands.
They employ nearly 35,000 people worldwide.
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Tapestry
2023 Annual revenue: $6.68 billion
Tapestry is the parent company of luxury brands Coach, Kate Spade, and Stuart Weitzman. The company is recognized for its strong sales and global operations.
As of 2023, Tapestry employs over 18,100 people across its brands.
Top 10 Largest Clothing Companies in the World
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LVMH
Market capitalization: $479.09 billion
Also known as Moët Hennessy Louis Vuitton, LVMH is a French luxury conglomerate whose portfolio includes brands across beverages, high-end fashion, perfumes, and accessories.
Esteemed fashion houses such as Fendi, Givenchy, Bulgari, Tiffany & Co., and Marc Jacobs operate under their umbrella.
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Hermès
Paris, France
Market capitalization: $223.03 billion
Hermès stands out as a high-value luxury brand, focusing on clothing, accessories, and leather goods since its inception in 1837.
Their exclusive sales model has fostered a high demand for their products.
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Paris, France
Market capitalization: $167.21 billion
Founded in 1946, Dior has cultivated a unique relationship with the LVMH group, producing exquisite women’s and men’s fashion sold globally through its numerous outlets.
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Inditex
Arteixo, Spain
Market capitalization: $107.47 billion
Inditex is the world’s largest fashion group, owning brands like Zara, Massimo Dutti, and Bershka. They are renowned for their rapid clothing production and distribution model.
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Market capitalization: $89.62 billion
Richemont is known for its prestigious luxury brands, including Cartier, Chloé, and Montblanc, making it a significant player in the luxury goods sector.
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Market capitalization: $83.35 billion
Luxottica specializes in eyewear, featuring brands like Ray-Ban and Oakley, while also collaborating with luxury fashion labels to produce exclusive eyewear collections.
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Yamaguchi, Japan
Market capitalization: $75.84 billion
Fast Retailing operates major clothing brands like Uniqlo and J Brand, maintaining a significant influence in the global fashion market.
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Paris, France
Market capitalization: $75.11 billion
Kering owns several luxury fashion labels, including Gucci and Balenciaga, and is recognized for its commitment to sustainable fashion practices.
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Market capitalization: $31.56 billion
Adidas is a leader in sportswear, known for its diverse range of products, including sports equipment and apparel, boasting a strong global presence.
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Stockholm, Sweden
Market capitalization: $24.48 billion
H&M operates over 5,000 stores in 33 countries and competes with other major fast-fashion brands, focusing on trendy and affordable clothing.
Largest Clothing Companies FAQ
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Is apparel a good career path?
Yes, the apparel industry offers diverse career opportunities for those passionate about fashion and trends. High-paying roles include positions such as fashion designer, creative director, and trend forecaster.
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How much is the fashion industry worth?
The global fashion market was valued at $1.7 trillion in 2023. The U.S. apparel industry accounts for $343.70 billion and is expected to reach $494.89 billion by 2026.
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Is the apparel industry growing?
Yes, the global apparel industry continues to grow, projected to expand at a CAGR of 2.84% through 2027. The U.S. apparel industry is expected to grow at a CAGR of 1.96% during the same period.
In summary, the clothing industry is not only a significant contributor to the global economy but also an exciting field for career opportunities. With the landscape constantly evolving due to fashion trends and technological advancements, those entering this sector can expect a dynamic work environment filled with opportunities for growth and innovation.
- 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.
