Leading clothing and footwear retailers in Brazil 2021, by revenue

Lojas Renner generated roughly 10.5 billion Brazilian reals in net revenue in 2021, ranking at the top of the leading fashion retailers in Brazil that year. The clothing and accessories company, Guararapes Online, was the second retailer in the Brazilian fashion market that year, with a net revenue amounting to approximately seven billion Brazilian reals. The European clothing company C&A was the third leading fashion retailer in the South American country that year.

Brazil’s fashion industry

Brazil’s textile and apparel industry generated approximately 28 billion U.S. dollars in revenue in 2022. It ranked eleventh worldwide, with the United States, China, and India occupying the top three positions, respectively. In 2021, the Portuguese-speaking country saw industry exports to the value of over one billion U.S. dollars, while the import value was five times higher at 5.2 billion U.S. dollars, resulting in a significant trade deficit that has been persistent in Brazil over the recorded time period from 2010 to 2021.

Lojas Renner

Lojas Renner, the Brazilian fashion retailer headquartered in Porto Alegre, registered an expansion from 2015 to 2020, by growing from 275 to 385 stores. The company, which is the largest omni fashion retailer in Brazil with 20 of its own brands, was the third most admired fashion retail company in Brazil in 2021, behind its competitors Riachuelo and C&A.