The World's Largest Apparel Companies 2019: Dior Remains On Top, Lululemon And Foot Locker Gain Ground

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While luxury fashion empire Christian Dior has easily held onto its spot as the world's largest company focused on clothing, shoes and accessories, a number of apparel retailers are catching up on this year's Global2000 list

the world's largest company focused on clothing, shoes and accessories, a number of apparel retailers are catching up.of the world’s biggest public companies, as measured by a composite score of revenues, profits, assets and market value.

The athletic clothing company, which made a name for itself selling women $100 yoga pants, is now making a push into items like deodorant, sneakers and men's clothing.Foot Locker, which opened its first store in California in 1974, jumped 699 spots to No. 1671. While the sporting goods store maintains a significant mall presence, with more than 3,200 locations, it has been doubling down on its digital capabilities. It has invested in a host of digital-first companies, including putting into GOAT, which operates an online resale marketplace for sneakers. It has also invested millions in upstarts like women's activewear brand Carbon38 and children’s apparel company Rockets of Awesome.

While companies like Lululemon and Foot Locker are gaining ground, they aren't exactly close to dislodging the world's apparel giants from their perch. Dior climbed seven spots to No. 143 on the overall list and solidified its position as No. 1 in the apparel industry. Sales rose by double digits to $55 billion in 2018. 70 luxury brands including Louis Vuitton, Dom Pérignon and Sephora.Colin Kaepernick ad campaign have helped fuel the stock, which locked in a 19% gain in 2018.

Inditex, the Spanish fast-fashion giant that owns Zara. The company may not be growing at the rate it used to, but sales still edged up 6% to $31 billion in 2018.I am a staff writer at Forbes covering retail. I’m particularly interested in entrepreneurs who are finding success in a tough and changing landscape. I have been at Fo

 

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