The World’s Largest Apparel Companies 2016: Christian Dior, Nike And Inditex Top The List

The Dior store name is pictured above the facade of a shop, in Paris. (Photo credit JOEL SAGET/AFP/Getty Images)

The Dior store name is pictured above the facade of a shop, in Paris. (Photo credit JOEL SAGET/AFP/Getty Images)

As the forces shaping what we wear for work, play and working out, Christian Dior , Nike NKE -0.84% and Zara -owner Inditex have established themselves as some of the most preeminent names in apparel and fashion. Yet their influence isn’t limited to the ubiquity of their designs and logos: according to a measure of their revenue, profit, assets and market cap, they are the three largest apparel companies in the world.

Apparel companies account for 29 spots on the FORBES Global 2000, our annual and comprehensive list of the world’s largest and most powerful public companies as measured by a composite score of revenues, profits, assets and market value. Those 29 names include industry giants like Coach COH +0%, Burberry and Hermes. But for all the high-end influence those names command, it is Christian Dior, Nike and Inditex that have taken the top three spots on the apparel list.

Christian Dior came in at #216 on the 2016 Global 2000, down 36 spots from last year. 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% 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 #261 on the overall Global 2000, up 28 spots from last year. The athletic-wear 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 athlete endorsers at its fingertips – the list includes Serena Williams, LeBron James and even FC Barcelona – Nike is confident that these numbers will grow ever larger. “Like athletes all over the globe, NIKE’s future holds nothing but limitless potential,” wrote CEO Mark Parker in the company’s 2015 annual report.

[“source-“forbes”]

Author: Roky