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Top 10 Largest Fashion Companies in the World, Majority from the US

Cindy Mutia Annur 16/08/2023 18:00 WIB

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Based on Companies Market Cap data, LVMH is the world's largest fashion company with a market capitalization of US$422.25 billion as of August 16, 2023.

Top 10 Fashion Companies by Market Capitalization (August 16, 2023)

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Top 10 Largest Fashion Companies in the World, Majority from the US

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Top 10 Fashion Companies by Market Capitalization (August 16, 2023)

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Fashion is a highly sought-after product among high-end consumers. Unsurprisingly, several global fashion companies boast fantastic market capitalizations.

Based on data from *Companies Market Cap*, LVMH Moët Hennessy Louis Vuitton is crowned the world's largest fashion company. The French company recorded a market capitalization of US$422.25 billion as of August 16, 2023.

LVMH's owner, Bernard Arnault, was also named the world's richest person in mid-2023 according to *Forbes Real Time Billionaire*. However, he has since been overtaken by Tesla CEO, Elon Musk.

Bernard Arnault's company oversees a number of world-renowned fashion brands, including Louis Vuitton, Christian Dior, Fendi, Givenchy, and Celine.

Nike ranks second as the largest fashion company with a market capitalization of US$163.76 billion. Although smaller than LVMH, this American sportswear company is the largest in the athletic wear sector.

Dior, a subsidiary of LVMH, holds third place with a market capitalization of US$150.09 billion.

Inditex follows in fourth position, with a market capitalization of US$113.97 billion. This Spanish fashion company is the parent company of brands such as Zara, Bershka, Pull & Bear, Massimo Dutti, and Stradivarius.

*Companies Market Cap* compiled this ranking from a total of 107 fashion companies listed on the stock exchange. The total market capitalization of these companies is estimated at US$1.55 trillion.

Below is a complete list of the top 10 fashion companies with the largest market capitalization worldwide as of August 16, 2023:

1. LVMH (France): US$422.25 billion
2. Nike (United States): US$163.76 billion
3. Dior (France): US$150.09 billion
4. Inditex (Spain): US$113.97 billion
5. TJX Companies (United States): US$98.57 billion
6. Fast Retailing (Japan): US$72.53 billion
7. Kering (France): US$68.53 billion
8. Cintas (United States): US$49.71 billion
9. Lululemon Athletica (Canada): US$48.68 billion
10. Ross Stores (United States): US$38.83 billion

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."