Clothing retailers market share in Norway 2021
In 2021, among the leading clothing retailers in Norway, measured by market share, Hennes & Mauritz ranked first, followed by Texcon and Cubus. In 2021, H&M, the multinational fashion retailer from Sweden, had a market share of 11.7 percent. Cubus and Texcon had a market share of around nine and 7.5 percent respectively. In 2020, H&M generated a revenue of over 3.6 billion Norwegian kroner, while the revenue of both Cubus’ and Texcon’s amounted to roughly two billion Norwegian kroner.
Number of stores
When looking at the number of stores of clothing retailers in Norway, Texcon AS was leading. The Norwegian company sells apparel and furnishings for men and boys. As of 2020, they operated 273 stores in the country. By comparison, H&M ranked fourth with a number of 127 stores.
Growth of import and retail sales
In the period from 2011 to 2018, the growth rate of retail sales of clothing and accessories in Norway fluctuated slightly, while the import value had a stronger fluctuation. In 2018, clothing retail trade decreased by 2.2 percent and the import of fashion products grew by 3.9 percent.
Number of stores
When looking at the number of stores of clothing retailers in Norway, Texcon AS was leading. The Norwegian company sells apparel and furnishings for men and boys. As of 2020, they operated 273 stores in the country. By comparison, H&M ranked fourth with a number of 127 stores.
Growth of import and retail sales
In the period from 2011 to 2018, the growth rate of retail sales of clothing and accessories in Norway fluctuated slightly, while the import value had a stronger fluctuation. In 2018, clothing retail trade decreased by 2.2 percent and the import of fashion products grew by 3.9 percent.
