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Leading 10 apparel retailers worldwide based on their profit margin 2017

Leading 10 apparel retailers worldwide in 2017, based on profit margin

by Liam O'Connell, last edited Dec 13, 2018
Leading 10 apparel retailers worldwide based on their profit margin 2017 This ranking depicts the leading 10 apparel retailers worldwide in 2017, based on their profit margin. In that year, Vince was ranked as the leading apparel retailer worldwide based on profit margin, with a profit margin of about 21.5 percent.
Leading apparel retailers worldwide – additional information

The apparel markets in China, the EU and the United States are the biggest regional markets in the world. In 2017, the market value of these three regions together added up to 990 billion U.S. dollars. China was the top ranked global textile exporter in the world, valued at approximately 110 billion U.S. dollars in 2017. China held over 37 percent of the market share, while the EU accounts for about a quarter of the market share, followed by India with over five percent.

In terms of leading clothing companies, Nike, Gap, VF Corporation – responsible for brands such as The North Face, Vans and The Timberland Company – and Polo Ralph Lauren are some of the top names in the textile industry. Based on sales,TJX Companies had the highest total sales figure in the industry, followed by Nike. In regards to average profit margin, the Canadian company Gildan ranked second highest, with a 13.17 percent profit margin.

The global sports apparel, which is the main focus of many of these major players, is one of the most competitive and lucrative markets within the apparel industry. By 2024, the global sports apparel market alone was projected to generate approximately 219.8 billion U.S. dollars.
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Leading 10 apparel retailers worldwide in 2017, based on profit margin

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