If you are dress conscious, and love fashion, the compilation of largest fashion companies in the world is especially for you! Keep up reading Insider Monkey’s latest article. As a matter of fact, fashion industry has become one of the most lucrative industries in the world, as its global worth exceeds $3 trillion.
Actually, the growth of fashion industry continuously slowed down even before the pandemic hit, but this year was a severe dive for these companies. It’s not surprising, but fashion industry is among the most unbalanced industries across the globe, as the largest companies cover the significant part of the market, and the smaller ones can’t even get near them.
Are you eager to know more about the largest fashion companies? Then, keep up reading! TJX (NSE:TJX) stands on the fifth spot on the list, with its jaw-dropping numbers. TJX is an off-price department store in the United States that markets discount clothing, and as a matter of fact it has grown to be one of the leader fashion companies. Its most well-known brands are Marshall, Sierra, TJ Maxx and TK Maxx. The company can boast with more than 4,500 stores all over the world and a total revenue of $41 billion.
Market cap of the company (in billions of dollars): 51
Revenue of the company (in billions of dollars): 41.7
Net profit of the company (in billions of dollars): 3.3
Total Assets of the company (in billions of dollars): 24.1
TJX is followed by Inditex on the fourth spot. It’s a Spain headquartered company. Its main interest is in exclusive but affordable clothes. Its flagship includes Pull and Bear, Bershka, Zara and Massimo Dutti.
Market cap of the company (in billions of dollars): 79.3
Revenue of the company (in billions of dollars): 31.6
Net profit of the company (in billions of dollars): 4.1
Total Assets of the company (in billions of dollars): 31.5
This was our short summerize on this topic, for more companies on the list, please jump to the largest fashion companies in the world.
Pixabay/Public domain
