Fashion as we all know can be described as a way of life.
It is of utmost importance that fashion enthusiasts take out time to review different fashion brands, in order to keep themselves updated.
Below are some of the world’s most prominent fashion brands, with tremendous revenue.
LVMH
LVMH a fashion brand we all know with a market cap of $421.6 billion, is a powerhouse in the luxury industry.
They own a wide range of prestigious brands like Marc Jacobs, Givenchy, Fendi, and Dior.
Their influence is truly remarkable.
In April 2023, LVMH became the first European company to surpass a valuation of $500 billion.
In 2023, the company was ranked 47th in the Forbes Global 2000.2.
Nike Fashion
Nike, valued at $153.83 billion, is a global giant known for its athletic footwear and apparel.
The iconic swoosh logo represents their commitment to sports and style.
They’ve become a symbol of excellence in the industry.Nike, the popular US-based sportswear brand is the third-biggest clothing company in the world.
It currently has a market capitalization of $147.9 billion, marking a 10.5% dip from the end of 2023.
DIOR CLOTHING
Dior, with a market cap of $145.86 billion, is a French luxury brand that exudes elegance and sophistication.
Their designs are synonymous with high fashion and their influence is felt worldwide.
Inditex Designs
Inditex, the parent company of Zara, has a market cap of $134.04 billion.
They revolutionized the fast fashion industry with their rapid production and distribution model.
Zara has become a go-to brand for trendy and affordable fashion.
This is followed by Spain’s Inditex, which owns popular fashion brands Zara, Massimo Dutti, and Bershka.
As of March 2024, Inditex’s market cap is valued at $139.2 billion.
Established in 1975 by Amancio Ortega, Inditex is based in Galicia, Spain. It’s recognized for its fast-fashion business model and swift adaptation to new fashion trends.
With a presence spanning over 100 countries, Inditex boasts a network of over 7,000 stores globally.
TJX Companies
Having a tremendous value at $108.17 billion, the company operates popular off-price retail chains like T.J.Maxx and Marshalls.
They offer customers the thrill of finding great deals on a variety of brands.
Fast Retailing
Fast retailing, a prominent brand with a market cap of $81.49 billion, is a Japanese retail powerhouse known for its UNIQLO brand.
They offer stylish and affordable clothing that appeals to a wide range of customers.
Fast Retailing, a Japanese retail company, is the sixth-biggest clothing company, with a market cap of $90.1 billion.