Home / Knowledge / News / Apparel/Garments / Christian Dior, Nike, Inditex are largest apparel cos
Christian Dior, Nike, Inditex are largest apparel cos
27
May '16
As many as 29 apparel companies feature on the Forbes Global 2000 list 2016 of the world's largest and most powerful public companies. Leading the brigade are some of the most preeminent apparel and fashion brands Christian Dior, Nike and Zara-owner Inditex.

Other big names from the textile world in the prestigious list include Coach, Burberry and Hermes. The list is based on a composite score from equally weighted measures of revenues, profits, assets and market value.

Christian Dior came in at Number 216 on the 2016 Global 2000 list, down 36 spots from last year. Yet, it took the top spot in the apparel group due to its $41.6 billion in sales, $1.7 billion in profit and $68 billion in assets (through the twelve months ending April 22). Through its more-than 40 per cent stake in luxury goods conglomerate LVMH, Christian Dior's bottom line benefits from the financial performance of respected products like Dom Pérignon, Veuve Clicquot, Givenchy and De Beers.

Nike came in at Number 261 on the overall Global 2000, up 28 spots from last year. The sportswear giant recorded more than $32 billion in sales in the twelve months ending on April 22; profit over the same period was $3.8 billion.

With a host of celebrity endorsers such as Serena Williams, LeBron James and even FC Barcelona, Nike CEO Mark Parker wrote in the company's 2015 annual report, “Like athletes all over the globe, Nike's future holds nothing but limitless potential.”

Inditex rose seven spots to Number 310 out of 2000. The company, which recorded $23 billion in revenue in the twelve months ending on April 22, is best known for Zara, the chic-yet-affordable clothing and accessories retailer.

The 2016 list features public companies from 63 countries that together account for $35 trillion in revenue, $2.4 trillion in profit, $162 trillion of assets, and have a combined market value of $44 trillion. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

PVH Corp Q1 2017 revenue rises 4%

The first quarter revenue of fiscal 2017 at apparel marketer PVH Corp ...

Courtesy: Levi Strauss & Co

Apparel/Garments | On 26th May 2017

LS&Co. to fund water saving solutions

LS&Co. will fund to the tune of more than $350,000 the solutions...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search