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 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Johan Berlin
InvestKonsult Sweden AB

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X