In March 2022, LVMH was by far the clothing company with the highest market capitalization, at approximately 367 billion U.S. dollars. This was over 150 billion dollars more than Nike, the company in second place. Dior made up the top three companies. Remarkably, the value of LVMH’s market capitalization was approximately as much as the seven companies ranked from fourth to tenth combined. Several of the companies in this list can also be found in the list of leading clothing companies with the highest brand value.
LVMH
Moët Hennessy Louis Vuitton (The LMVH Group) is comprised of some of the most famous and iconic brands in the world: as well as Luis Vuitton, LVMH also owns brands such as Dior and Givenchy. The success of LMVH is clear to see in their global revenue from fashion and leather goods, which has roughly doubled in size from 2017 to 2021.
Sportswear
On what some may see as the opposite side of the clothing spectrum, many of the leading clothing companies are actually sportswear companies. The presence of Nike, Adidas, and Lululemon athletica in this list demonstrates the increased popularity of athletic apparel and activewear, not just for sport, but also as fashion and everyday apparel. In line with this popularity, the sportswear market is set to grow to 455 billion U.S. dollars by 2027.
Leading clothing companies worldwide as of March 1, 2022, by market capitalization
(in billion U.S. dollars)
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CompaniesMarketCap.com. (March 1, 2022). Leading clothing companies worldwide as of March 1, 2022, by market capitalization (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 25, 2022, from https://www.statista.com/statistics/1293538/clothing-companies-market-cap/
CompaniesMarketCap.com. "Leading clothing companies worldwide as of March 1, 2022, by market capitalization (in billion U.S. dollars)." Chart. March 1, 2022. Statista. Accessed June 25, 2022. https://www.statista.com/statistics/1293538/clothing-companies-market-cap/
CompaniesMarketCap.com. (2022). Leading clothing companies worldwide as of March 1, 2022, by market capitalization (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 25, 2022. https://www.statista.com/statistics/1293538/clothing-companies-market-cap/
CompaniesMarketCap.com. "Leading Clothing Companies Worldwide as of March 1, 2022, by Market Capitalization (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/1293538/clothing-companies-market-cap/
CompaniesMarketCap.com, Leading clothing companies worldwide as of March 1, 2022, by market capitalization (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1293538/clothing-companies-market-cap/ (last visited June 25, 2022)