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Top Wealthiest Fashion Companies In The world

What are the top fashion brands in the world?

Top Wealthiest Fashion Companies In The world

Here are some of the best :

Hermes

Top Wealthiest Fashion Companies In The world
Hermes Company

Hermes was established in 1837 by Thierry Hermes. The company’s headquarters are in Paris, France, and it was established by Thierry Hermes by June 1st 1938.

Hermes is involved in manufacturing marketing and distributing products such as : clothing, footwear, belts, gloves, hats, skills and textiles, jewelry, furniture, wallpapers, interior fabrics, tableware, perfumes and watches.

Their Kelly bags and Hermes scarf are popular. Their clothes ranks third most expensive in the world as of 2022. The company is estimated to be valued at $8.1 billion.

H&M, Hennes & Mauritz

H&M company
Hennes & Mauritz

Earling Persson founded the business in 1947, and it is based in stockholm Sweden. The Swedish shop, a familiar name on high streets has profited greatly from fast fashion. The name of the company first retail outlet was Mauritz. Hennes is the Swedish term meaning woman.

The company is worth 15.2 billion according to Forbes.

Kering Group/Gucci

Kering Company
Kering Group /Gucci

Kering was founded in 1963, and the headquarter is in Paris, France. Kering is a retailer of clothing and accessories. They produce and sell high end products.

Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Bottega Veneta, Saint Laurent, and Gucci are just a few of the extremely desirable brands that make up the luxury market.

Kering reported that Gucci drives the bulk of Kering’s sale and it accounted for 35.2% of it revenue growth. Kering is worth 36.9 billion according to Forbes.

Zara/Inditex

Zara company
Zara/Inditex

The clothing company has almost 3 thousands locations, including its kids and household appliance stores. Zara is recognized for its ability to develop new products and deliver it in just two weeks.

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Zara is owned by a richest retailer in clothing in the world, Amancio Ortega from Spain, In 1975, he and his ex wife Rosalia Mera, a pioneer of fast fashion confounded Inditex, a company famous for its Zara clothing line. Rosalia Merapassed away in 2013 at the age of 69, with an estimated wealth of $6.1 billion, she was the richest made woman in the world at the time.

Ortega holds nearly 60% of the stock of the 7500 store global retailer Inditex, which is listed on the Madrid stock exchange and boast 8 brands including Massimo Dutti and Pull & Bear. He is worth $61 billion.

Louis Vuitton, LVMH

Louis Vuitton company
Louis Vuitton LVMH

Louis Vuitton sells clothing, jewels, luggage and perfumes according to Forbes, it is among the top most valuable corporations in the world.

Christian Dior is the largest holding firm and owner of 40.9% of LVMH shares.

The world’s largest manufacturer of luxury goods in January 2021. LVMH acquired American jeweler Tiffany & Co for $15.8 billion. Believed to be the biggest luxury brand acquisition ever.

LVMH Moet Hennessy Louis Vuitton reported sales of 56.5 billion euros in the first nine months of 2022, and increase over 28% over the same time in 2021, the company’s net worth via CEO Benard Arnault is about $175 billion.

 

 

 

 

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