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

Pic: IFC

Apparel/Garments | On 15th Apr 2021

IFC to support Haiti in revamping garment sector

IFC, a member of the World Bank Group, is supporting the garment...

Pic: Sorbis / Shutterstock.com

Textiles | On 15th Apr 2021

US textiles & apparel imports down 6.98% in Jan-Feb 2021

The import of textiles and apparel by the United States decreased by...

Pic: Shutterstock

E-commerce | On 15th Apr 2021

Vietnam companies get Amazon boost to turn into brands

The Vietnam Textile & Apparel Association (VITAS) and Amazon have...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Value of 'Made in India' should get more importance

Textile Industry, Head honchos

Textile Industry
Head honchos

Tech in fashion industry has hit acceleration button

Textile Industry, Head honchos

Textile Industry
Head honchos

Fashion tech has to be lean and very productive

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Nick Isles,

Nick Isles

The Condé Nast College of Fashion & Design or CNC as it is known as,...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

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

Leave your Comments


April 2021

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


Advanced Search