In the 2019 fiscal year, The Gap’s sales revenue reached 16.58 billion USD and the company currently operates 3,594 — making The Gap one of the largest clothing manufacturers in the world. Next Directory: Home shopping catalog and Website. This article will attempt to analyze the viability of the fashion retail industry as a whole, by means of a Five Forces analysis. The cheapest country to manufacture clothes? As these technologies get smarter and more effective, AI is going to become a major tool in helping fashion brands offer a more personalised service. Verge Girl is an online women’s fashion store with a sassy and irreverent style and attitude. In terms of the total number of global retail outlets, Inditex—headquartered in Arteixo, Galicia, Spain—is the largest fashion apparel retailer in the world. Loewe is a Spanish luxury fashion house specialised in leather goods, clothing, perfumes and other fashion accessories. Nordstrom’s latest retail model is very different to its existing department store offering. 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. This is because they generally consist of a large number of chains and new banners/brands keep appearing very regularly. This is BizVibe’s list of the top clothing retailers in the world by sales revenue based on 2019 fiscal year data. The 8th most popular and the 7th most famous fashion & clothing brand . Analysing fashion retailers in Europe is a difficult task as the market is constantly changing. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. 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. It's part of their DNA but also define their purpose and business model. Successful businesses frequently find out ways to lure their customers with lucrative deals. The top clothing retailers in the world are contributing to a very fast-growing clothing retail industry in 2020. Discover Suppliers | Target Prospects | Browse 10M+ CompaniesTry for Free>>. The company operates 6 primary divisions in addition to The Gap, including well-known brands like The Banana Republic and Old Navy. Brands need to streamline in-store and online experiences, with high-tech specialist staff and online activity analyzing resources. Nordstrom Local’s service focus . In addition to Uniqlo, the company also operates several other brands, including J Brand, Comptoir des Cotonniers, GU, Princesse Tam-Tam, and Theory. BizVibe has redefined the concept of B2B networking by helping buyers select the right supplier. Fast Retailing (Uniqlo) Number of Stores: 2249, Fast Retailing Headquarters: Yamaguchi, Yamaguchi, Japan, Fast Retailing Revenue 2019: 21.51 billion USD. The Fashion Retailer is specializing in the latest trends in fashion retail, insights from the retail business and inspiring conversations with executives leading the Fashion Technology transformation. Due to its amazing growth and coming in 2nd in global sales revenue, Fast Retailing is 2nd on BizVibe’s list of the top clothing retailers in the world for 2020. Which countries are the largest garment exporters in the world? 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. L Brands is known for its flagship brands Bath & Body Works and previously Victoria’s Secret. Some even hire experienced retail professionals to devise plans for their market. 55% of apparel and footwear sales originated from outside of North America or Europe. 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. Nevertheless, brands that specialize in footwear or sportswear tend to dominate the market. This category only includes cookies that ensures basic functionalities and security features of the website. Explore the 10 fastest growing retail brands of 2020 below: American Eagle Outfitters Global Headquarters: Pittsburgh, Pennsylvania, U.S. American Eagle Outfitters Global Revenue 2019: 4.04 billion USD. 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. Known for their casual wear, Abercrombie & Fitch was founded 127 years ago in 1892 in Manhattan, New York. Currently, H&M operates in over 74 countries and has 5,076 stores globally. 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. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Abercrombie & Fitch Global Headquarters: New Albany, Ohio, U.S. Abercrombie & Fitch Global Revenue 2019: 3.59 billion USD. We discussed these options previously in our article 15 Tips for Turning Your Craft Hobby Into a Successful Business:. Successful companies in the industry have more visibility for their boutique, and invest their valuable resources and time into efficient marketing of their business. NEXT is a UK-based clothing retailer headquartered in Enderby, Leicestershire, England, United Kingdom. Loewe’s inclusion in Lyst’s top-ranking fashion brands is based on: Adaptive Fashion: Apparel Retailers Must Embrace Change in 2021 Jill Standish, of Accenture, offers retail brands some priorities for setting success this year. A look-back at the year 2020 reveals how fashion brands and retailers suffered due to dwindling sales, low footfall, high debts, high rentals, inefficient operations, out-dated merchandise assortment and high inventories, among other issues. Bangladesh is the fastest growing apparel exporter in the world, reaching a value of more than $25 billion in 2015. Fast Retailing is a Japanese holding company that operates the immensely popular Uniqlo brand. 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. 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. Launching and managing a fashion and retail business successfully requires much more than mere knowledge of the latest fashion trends. 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