Top 10 Most Expensive Fashion Companies in the World 2024, Majority from France

Companies Market Cap compiled a list of the world's most valuable fashion companies. This can be seen from the market capitalization of these companies.

The fashion company with the highest valuation is LVMH Moët Hennessy Louis Vuitton, with a value of US$468.84 billion on March 21, 2024. This value exceeds its average market capitalization in 2023 of US$408.47 billion.

LVMH is from France and controls around 60 subsidiaries, which also oversee a number of prestigious brands. At least 75 fashion brands are managed under its umbrella.

Second is Hermès, with a market capitalization of US$273.73 billion. Like LVMH, this company, founded by Thierry Hermès, is also located in France.

Third is Dior, with a market capitalization of US$158.73 billion. This company is headed by Bernard Arnault, who also owns LVMH, and is based in France.

Fourth and fifth are Inditex (Spain) at US$157.83 billion and Nike (USA) at US$151.92 billion.

Next are TJX Companies (USA), Fast Retailing (Japan), Cintas (USA), lululemon athletica (Canada), and Kering (France), as shown in the attached graph.

Here is a complete list of the top 10 fashion companies by market capitalization worldwide as of March 21, 2024:

1. LVMH US$468.84 billion
2. Hermès US$273.73 billion
3. Dior US$158.73 billion
4. Inditex US$157.83 billion
5. Nike US$151.92 billion
6. TJX Companies US$112.69 billion
7. Fast Retailing US$95.02 billion
8. Cintas US$64.36 billion
9. lululemon athletica US$59.18 billion
10. Kering US$56.15 billion

(Also read: [This is the Product with the Highest Shopping Value in Indonesian E-Commerce 2023](https://databoks.katadata.co.id/datapublish/2024/03/01/ini-produk-dengan-nilai-belanja-terbesar-di-e-commerce-indonesia-2023))