The USA and China have the largest clothing retail markets in the world as of 2020. In the latest BoF-McKinsey State of Fashion Survey, self-disruption was top of mind for 2019, with 79 percent of executives placing it in the top five trends affecting the industry. Inditex thrives on being on the cutting edge of the clothing retail industry at all times — making them one of the most well-recognized and largest clothing manufacturers in the world, and why they are number 1 on BizVibe’s list of the top 10 clothing retailers in the world ranked by sales revenue. Inditex Headquarters: Arteixo (A Coruña), Spain. Ranking number 1 on BizVibe’s list of the top 10 clothing retailers in the world in 2020 is Inditex, a Spanish multinational clothing retailer owned by the Ortega family. Next International: 180+ international stores. L Brands Headquarters: Columbus, Ohio, U.S. PVH is an American clothing retailer known for operating some of the most popular apparel brands in the world including Tommy Hilfiger and Calvin Klein. This year, projections reported by WWD place the number at just under 10,000, “up 53 percent from the number of doors that went dark amidst the Great Recession in 2008.”. The staff you hire in your store should also be knowledgeable and experienced with the fits, fabrics and trends of the market, so that they can convince the customers better. Fashion Retail Ltd | 346 followers on LinkedIn. Whichever area you specialize in, make sure to have a huge inventory, so that the customer does not go empty-handed from your store. H&M is the second largest fashion retailing company in the world. Each product page displays: Multiple high-quality images featuring a model wearing the product in various poses. Retail Economics publish a monthly UK Clothing and Footwear sector report that provides in-depth analysis on the latest retail data and consumer trends affecting the category. NEXT is the largest clothing retailer in the UK and was founded 156 years ago in 1864. It is mandatory to procure user consent prior to running these cookies on your website. You need to have a sharp business perspective along with a clear thought of your target audience. Review our, 9 Types of Buyers in B2B 2020: Complete Guide, Top 10 Office Furniture Manufacturers in the World 2020, Top Commercial Furniture Manufacturers, Top 10 Stationery Brands in the World 2020, Top Stationery Brands, largest clothing manufacturers in the world. We are the international retail partner of choice for some of the world’s most desirable brands, with exclusive licensing rights across the region for names like Abercrombie & Fitch, Hollister, AllSaints, lululemonathletica, Monsoon Accessorize and Sacoor Brothers. What makes Inditex unique, is its fast production, usually consisting of new styles being prototype sin just 5 days based on customer feedback. India is also amongst the top textile producing countries in the world; with exports of 18 billion U.S. dollars in 2018. 3rd on BizVibe’s list of the top 10 clothing retailers in the world is H&M. In the fiscal year 2019, Hennes & Mauritz ranked 3rd in sales revenue among the top clothing retailers in the world at 21.50 billion USD, and ranking also 3rd in market capitalization. What are the retail apparel industry trends in 2020 and the future of the market? If a customer comes to your store to purchase one piece, then he should be inspired by your collection so much that he feels convinced to buy two more. Many fashion retailers define their strategy starting from their value proposition and key positioning levers (assortment, price, experience, speed, channels...) to differentiate themselves from competition. In the 2019 fiscal year, revenues for Fast Retailing were the 2nd largest in the world at 21.51 billion USD, trailing only Inditex. Fashion retail brands need to adapt themselves to this new era, where the new target audience is generation “Y”. Next Retail: A chain of 550+ retail branches in the United Kingdom. Who are the top clothing retailers in the world? Fast Retailing is a Japanese holding company that operates the immensely popular Uniqlo brand. This is BizVibe’s list of the top clothing retailers in the world by sales revenue based on 2019 fiscal year data. Current with its headquarters in New Albany, Abercrombie & Fitch reached global revenues of 3.59 billion USD — making the company of the top clothing retailers in the world by global revenues in 2020. Asia is the leading exporter of apparel products in the world, with China leading the way with over 36% market shares. The 8th most popular and the 7th most famous fashion & clothing brand . We are one of the world's largest fashion retailers. H&M’s current headquarters is located in Stockholm, Sweden. 5 th on our list of the top clothing retailers in the world is American fashion retail company L Brands. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Founded in 1846, Loewe is one of the world’s oldest major luxury houses. The cheapest country to manufacture clothes? 55% of apparel and footwear sales originated from outside of North America or Europe. Subcategories. Over 600,000 mentions were gathered from 1st January to the end of November. Inditex was founded in A Coruña, Spain 34 years ago in 1985, the company is now the largest fashion group in the world operating in over 93 markets, with over 7292 stores worldwide. Loewe’s inclusion in Lyst’s top-ranking fashion brands is based on: Founded in 1967, with current headquarters in New York City, New York, U.S. Ralph Lauren is one of the most recognized brands in the world and operate multiple products line including luxury clothing, footwear, fragrances, housewares, furniture, and jewelry. PVH Number of Employees: 19,600 full-time & 16,900 part-time, PVH Headquarters: Manhattan, New York City, U.S.A. The new concept deconstructs the department store into smaller, targeted spaces. Load more . These cookies do not store any personal information. Whichever area you specialize in, make sure to have a huge inventory, so that the customer does not go empty-handed from your store. China and Hong Kong lead the world in apparel exports in total cash value, with over $185 billion in total value. 3. Find out which businesses made the list . Sportswear Designing, manufacturing and marketing sportswear tends to be its own industry. But, here are the basics. Verge Girl is an online women’s fashion store with a sassy and irreverent style and attitude. In addition to Uniqlo, the company also operates several other brands, including J Brand, Comptoir des Cotonniers, GU, Princesse Tam-Tam, and Theory. The largest clothing manufacturers in the world are Inditex Zara, Fast Retailing (Uniqlo), Hennes & Mauritz (H&M), and many more covered by BizVibe on this list and a complete breakdown of the top clothing retailers in the world and the clothing retail industry as a whole. L Brands is known for its flagship brands Bath & Body Works and previously Victoria’s Secret. Discover Suppliers | Target Prospects | Browse 10M+ CompaniesTry for Free>>. Garment worker wages in Mexico are over 25% lower than garment worker wages in China, Ralph Lauren Women’s Collection and Ralph Lauren Purple Label. A sole proprietorship is the “most basic type of business to establish” according to the SBA (Small Business … This article will attempt to analyze the viability of the fashion retail industry as a whole, by means of a Five Forces analysis. But opting out of some of these cookies may have an effect on your browsing experience. Hennes & Mauritz Headquarters: Stockholm, Sweden, Hennes & Mauritz  Revenue 2019: 21.50 billion USD. This is because they generally consist of a large number of chains and new banners/brands keep appearing very regularly. The Gap Headquarters: San Francisco, California, U.S. 5th on our list of the top clothing retailers in the world is American fashion retail company L Brands. Brands need to streamline in-store and online experiences, with high-tech specialist staff and online activity analyzing resources. … BizVibe has redefined the concept of B2B networking by helping buyers select the right supplier. Connect and track the latest news and insights from these companies. The 9th most popular and the 27th most famous fashion & clothing brand . NEXT Global Headquarters: Enderby, Leicestershire, England, United Kingdom, NEXT Global Revenue 2019: 5.08 billion USD. L Brands is known for its flagship brands Bath & Body Works and previously Victoria’s Secret. Independents Drapers Inspiring Independents 2020. It’s currently the fastest-growing retailer in Japan operating over 2249 Uniqlo stores alone. Armani designs, manufactures, distributes and retails fashion and lifestyle products including apparel, accessories, eyewear, watches, jewelry, home … Which countries are the largest garment exporters in the world? American Eagle Outfitters Global Headquarters: Pittsburgh, Pennsylvania, U.S. American Eagle Outfitters Global Revenue 2019: 4.04 billion USD. 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