Top 10 Best Fashion Brands Dominate The World Fashion Industry
These are the world's leading brand firms ranked by their economic profit and measured by their market value. It is defined as "a measure for value-add created ... read more...by businesses, whereby opportunity is costs from profits earned." These are the brands that are known as the leaders in the fashion industry. These companies now account for 97% of global economic profit in the retail sector in recent years.
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $4 billion
Inditex is a multinational clothing manufacturing company headquartered in the city of Arteixo, Spain. Inditex company was founded by billionaire Amancio Ortega, who opened the first Zara store in northern Spain in 1975.
Inditex is the world's largest fashion group with a system of 7,200 stores in 93 countries and territories. The group's main brands are Zara, Zara Home, Massimo Dutti, Bershka, Oysho, Pull and Bear, Stradivarius, and Uterqüe. Most of Inditex's stores are directly owned by the group. In some countries that do not allow foreign ownership, stores are opened under a franchise.
Inditex company has a unique business strategy: instead of producing one product in large quantities, each season they launch a variety of limited-edition models, then adjust production based on customer feedback. As a result, Inditex stores have new products almost weekly. They don't need to worry if a product is unpopular, while best-selling items are easily updated.
Outstanding Inditex products:
- Zara: Zara ZW the Mid Waist Straight Jeans, Zara Poplin Shirt...
- Pull and Bear: Pouch Pocket Hoodie,Basic contrast slogan sweatshirt...
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $2,33 billion
LVMH (Moët Hennessy Louis Vuitton) is a French international group specializing in the business of luxury goods. The group owns many world famous luxury fashion and beauty brands such as Louis Vuitton (LV), Dior, Bvlgari, Céline, Givenchy, Tiffany & Co, Fendi.
Starting from the 1987 merger between Moët-Hennessy and Louis Vuitton, LVMH is today the number one group in the world in luxury goods.
Outstanding LVMH products:
- Louis Vuitton bags: Neverfull, Alma, Speedy, Boite Chapeau...
- Dior: Sauvage Eau de Toilette, Diorshow Pump 'n' Volume, J'adore Eau De Parfum...
- Céline: Celine Luggage Bag, Celine Trapeze Bag, Celine Trio Bag, Celine Trotteur Bag...
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $3 billion
Nike is an American multinational corporation engaged in the design, production, development, promotion, and sales of accessories, footwear, clothing, equipment and related services to sports.
The headquarters of the company are located in the Portland metropolitan area. Nike is one of the largest suppliers of athletic shoes and clothing in the world.
Nike is also a well-known sports equipment manufacturer, with a profit in 2018 of $36.39 billion. In 2018, the group also had about 73,100 employees worldwide. The group's brand was also valued at $29.6 billion in 2017, making it the most valuable brand in the sporting goods business. Nike ranked 89th in the 2018 Fortune 500 list of corporations. largest group in the United States by total revenue.
Outstanding Nike products:
- Nike Air Force 1 Shoes
- Nike React Miler 2 Shoes
- Nike Air Max 90 Shoes
- Nike Air Max 95 Shoes...
- Nike Air Force 1 Shoes
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $1,35 billion
Hermès is a luxury fashion company located in Paris, France. The company, founded by Thierry Hermès in 1837, manufactures leather goods, fashion accessories, perfumery, luxury goods, and ready-to-wear.
The company logo from the 1950s, is a horse-drawn carriage.
The Hermès strategy revolves around these values: spirit of conquest, creativity, craftsmanship, quality, authenticity and independence. It is based on three pillars: creative freedom, the high standards of craftsmanship savoir-faire (always respecting tradition, transmission and innovation) and the balance of the exclusive distribution network (to exceed the specific expectations of its customers and offer a distinct purchasing experience in each and every store).
Outstanding Hermès products:
- Hermès Birkin Bag
- Hermès Kelly Bag
- Hermès Clic Clac H Bracelet
- Hermès Collier de Chien Bracelet...
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $1,97 billion
The TXT Companies is an American multinational low-cost department store corporation. The company's headquarters loacted in Framingham, Massachusetts. It was established as a subsidiary of Zayre Corp. in 1987. It became the legal successor to Zayre Corp. after reorganizing the company in 1989. This is the parent company of famous fashion brands such as TJ Max, Mashalls,...
Today the TJX Companies Inc. is the leading off-price retailer of apparel and home fashions in the United States and world-wide.
TJX is truly a global company. Today TJX companies are in 8 countries with more than 3,500 units. The biggest market is the United States and Canada, but the company is growing in many other countries such as the United Kingdom, Ireland, Germany and Poland. The company also have stores in Austria and The Netherlands. Moreover, the company has three Internet sites which serve customers through effective presentations.Outstanding The TXT Companies products:
- TJ Max: Happy Socks, jeans, sunglasses...
- Mashalls: Pixi By Petra Hello Glow! Kit, Bite Beauty High Pigment Lip Pencil, Anastasia Beverly Hill Subculture Eyeshadow Palette...
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $1,28 billion
H&M (abbreviated from Hennes & Mauritz) is a Swedish multinational fashion retailer, known for its low-priced fashion items. H&M and its affiliated brands currently function in 74 countries with more than 4,900 stores, employing more than 126,000 employees in 2019. It is the 2nd largest fashion retailer in the world, second only to Spain's Inditex (the parent company of Zara).
The company built a strong online business network with online stores in 33 countries, COS in 19 countries, Monki and Weekday in 18 countries, & Other Stories in 13 countries, Cheap Monday in 5 countries.
Outstanding H&M products:
- H&M Cable-Knit Cardigan
- H&M Straight High Ankle Jeans
- H&M Long Coat
- H&M Oversized Turtleneck Sweater...
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $1,07 billion
Richemont known as Compagnie Financière Richemont SA, is a Swiss-based luxury goods holding company founded in 1988 by South African businessman Johann Rupert. Richemont manufactures and sells various subsidiaries such as watches, jewelry,leather goods, pens, clothing and accessories.
The brands it owns include A. Lange & Söhne,Baume & Mercier, Cartier , Chloé , Vacheron Constantin , and Van Cleef & Arpels...
The Richemont strategy revolves around our values: Communication, Product Development, Manufacturing, Creation, Marketing, Distribution Network, Customer Services. There products is supported by four focus areas: People,Environment, Sourcing, and Communities - each of which has an owner at Group level and a series of commitments. T
Outstanding Richemont products:
- Cartier: Cartier Tank, Panthère de Cartier, Santos De Cartier, Ballon Bleu de Cartier...
- Chloé: Chloé Nile, Chloé Hudson, Chloé Lexa, Chloé Tess, Chloé Faye, Chloé Roy...
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $1,06 billion
Adidas is a German sports equipment manufacturer, a member of the Adidas Group, which also includes sports equipment company Reebok, golf company Taylormade, golf ball manufacturer Maxfli and Adidas golf.
Adidas brand is the second largest sports equipment manufacturer in the world. The company is named after its founder, Adolf (Adi) Dassler, in 1948. On August 18, 1949, the Adidas company was trademarked as Adidas AG.
The iconic company's clothing and shoe designs for the three parallel diagonal stripes, the same motif has been incorporated into the company's official logo.
Outstanding Adidas products:
- Adidas Ultraboost 5.0 DNA
- Adidas ZX 700 Winter
- Adidas Ultraboost 21
- Adidas Adizero Adios Pro 2.0...
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $943 million
Kering is a French multinational corporation and company headquartered in Paris, France that specializes in luxury goods such as jewelry, watches, designer bags, shoes and clothing. Group-owned luxury brands include Gucci, Yves Saint Laurent, Balenciaga, Alexander McQueen, Bottega Veneta, and more. In 1963, the company was founded by François Pinault.
Kering has received many prestigious awards that confirm its position in the fashion industry: in 2014, 2015, Kering was recognized as an "Industry leader" by the Dow Jones Sustainability Index; and selected in 2018 as "World's 50 Most Sustainable Companies" at the SEAL Business Sustainability Awards and "Most Sustainable Textile, Apparel and Luxury Goods Group" in the Corporate Knights Global 100 index in World Economic Forum in Davos.
Outstanding Kering products:
- Gucci: Gucci GG Marmont Thin Leather Belt, Gucci GG Bees Silk Neck Bow, Gucci Ophidia GG Cosmetic Case, Gucci GG Marmont Card Case...
- Balenciaga: Track 2 Trainers Balenciaga Shoes, Dance Knife Leather Pumps...
- Yves Saint Laurent: Touche Éclat, Luxurious Mascara for False Lash Effect...
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Economic profit(In "Global Fashion Index",report from McKinsey & Company and The Business of Fashion.) : $1.06 billion
Ross Stores, activating under the brand name Ross Dress for Less, is an American discount department store chain.The headquarters are located in Dublin, California.
It is the largest discount retailer in the US; as of 2018, Ross operates 1,483 stores in 37 US states, the District of Columbia and Guam, covering much of the country, but has no presence in northern New Jersey, New England, Alaska, New York, and areas of the Midwest.
Outstanding Ross Stores products:
- Handbags of designer brands
- Shoes of designer brands
- Dress of designer brands...