15 most famous clothing brands in the world | Popgen Tech
In this article, we will look at the 15 most famous clothing brands in the world. You can skip our detailed analysis of the fashion apparel industry and go directly to the 5 most famous clothing brands in the world.
Garment Industry: An Analysis
The global apparel industry to grow from USD 551 billion in 2021 to USD 606 billion in 2022 at a CAGR of 9.9%. However, the effects of the pandemic, increased rates and supply chain disruptions due to the war in Ukraine are expected to reduce the CAGR of the apparel industry by 3.8%, and the market share is projected to reach $768.26 billion in 2026 at a CAGR of 6 ,1. %.
McKinsey believes that the luxury market is likely to outperform the rest of the apparel industry, as the downturn in the market has had little effect on purchases by affluent buyers. They predict that the growth rate of luxury fashion in the US will be between 5 and 10% in 2023.
As for the masses, the Consumer Pulse survey found that more US consumers switched brands to find lower prices than at any other time since the pandemic. Of those who switched, more than a third chose private label products, and 90% said they intended to incorporate this behavior into their routine.
The luxury apparel industry was the strongest performer in the large apparel market with shareholder returns of 33% compared to 9% for the value segment. However, sportswear is rapidly growing in popularity among both regular and luxury customers.
The athleisure market grew by an estimated 20.3% between 2019 and 2021 as people worked from home and shifted to a more casual and athletic wardrobe during the adjustment. For comparison, the profitability of the traditional garment industry for the same period was 4.5%. McKinsey.
The athleisure market is expected to grow at a CAGR of nearly 7% from 2019 to 2026, according to Allied Market Research, reaching a market share of $257 billion.
Some of the major brands in the clothing industry include Louis Vuitton, Prada and Burberry. Their clothing can be purchased virtually worldwide, as well as online at Amazon.com, Inc. (NASDAQ: AMZN ), Target Corporation (NYSE: TGT ) and Walmart Inc . (NYSE: WMT).
Louis Vuitton generated nearly $37 billion in revenue in the first half of 2022, according to the company’s books.
Now that we are familiar with the clothing industry, let’s move on to the 15 most famous clothing brands in the world.
For our list of the 15 most famous clothing brands in the world, we ranked them based on their Instagram followers. We also mentioned the number of stores and the level of brand presence around the world.
So let’s move on to the 15 most famous clothing brands in the world.
15. Levi Strauss & Co. (NYSE:LEVI)
Instagram followers: 8 million
Levi Strauss & Co. (NYSE:LEVI), simply known as Levi’s, is an American clothing brand based in San Francisco, California. It is one of the most famous clothing brands in the world thanks to the popularity of its iconic denim jeans. As of 2022, 8 million people are signing up Levi Strauss & Co. (NYSE:LEVI) on Instagram.
Levi Strauss & Co. (NYSE:LEVI) has more than 500 stores worldwide and its products are available in more than 100 countries. Her clothing items can also be found on Amazon.com, Inc. (NASDAQ: AMZN ), Target Corporation (NYSE: TGT ) and Walmart Inc . (NYSE: WMT).
14. Hermès International Société en commandite par actions (PARIS:RMS.PA)
Instagram followers: 12.4 million
Hermès International Société en commandite par actions (PARIS:RMS.PA), commonly known as Hermès, is a Parisian luxury brand that sells ready-to-wear for men and women.
Hermès International Société en commandite par actions (PARIS:RMS.PA) sells worldwide and has 306 retail stores worldwide. Hermès products are considered by many to be a status symbol due to their high price. Her Instagram page has 12.4 million followers as of 2022. The company’s year-over-year growth in 2021 was 24%, with annual revenue of $10 billion.
13. Puma SE (PUMSY)
Instagram followers: 12.5 million
Puma SE (PUMSY) is a German global corporation that designs and markets leisure and casual wear. It’s one of the biggest names in the athleisure industry, which is why it has 12.5 million Instagram followers in 2022.
Puma SE (PUMSY) sells its products in approximately 120 countries and employs approximately 1,500 people in its 832 retail stores. Of those, 102 are in the U.S. alone, with 15 Puma SE ( PUMSY ) stores in California, the most of any U.S. state.
Instagram followers: 14.3 million
Balenciaga is another famous name in the fashion and luxury industry. The company is based in Paris and owned Kering SA (PARIS: KER.PA).
Kering SA (PARIS: KER.PA) operates 182 Balenciaga stores worldwide. In 2022, his official Instagram page had 14.3 million followers.
11. Ralph Lauren Corporation (NYSE:RL)
Instagram followers: 14.3 million
Ralph Lauren Corporation (NYSE: RL ) is an American apparel company headquartered in New York. It designs and sells mid-range to luxury clothing. Ralph Lauren Corporation (NYSE:RL) is well known around the world for its iconic polo shirts and logo that symbolizes sports. 14.3 million people follow the company’s Instagram.
According to Statista, Ralph Lauren Corporation (NYSE:RL) has about 9,000 distribution centers worldwide. On the other hand, it has 424 direct sales points worldwide.
Instagram followers: 19.2 million
Armani, officially known as Giorgio Armani SpA, is one of the most famous clothing brands in the world from Italy. It has 19.2 million followers on Instagram, where the company regularly updates its followers about new clothing products.
The Armani retail chain currently has 500 stores in 46 countries. Of these, there are 81 Giorgio Armani boutiques, 171 Emporio Armani stores and 165 A/X Armani Exchange stores, among others.
The popularity of the Armani brand is partly due to cinema. Her fashion accessories, including clothing, have been featured in various films. Some of these include Goodfellas, Untouchables and Pulp Fiction.
9. Burberry Group plc (LSE:BRBY.L)
Instagram followers: 19.9 million
Burberry Group plc (LSE: BRBY.L) is a British high-end fashion company headquartered in London. The company’s annual revenue in 2021 was $3 billion. Burberry Group plc (LSE:BRBY.L) is a household name in the fashion community. As of 2022, he has 19.9 million followers on Instagram. Burberry Group plc (LSE:BRBY.L) has 218 stores worldwide, according to Statista.
Instagram followers: 20.2 million
Fendi is another famous Italian clothing brand. It is particularly known for its ready-to-wear and fur garments. More than 20 million people follow Fendi on Instagram. As of 2018, the brand had 215 stores worldwide, 39 of which are in the United States alone.
7. adidas AG (XETRA:ADS.DE)
Instagram followers: 26.6 million
adidas AG (XETRA:ADS.DE) is a world-renowned brand of sports goods for leisure and other sports. Germany-based adidas AG (XETRA:ADS.DE) is the largest sportswear manufacturer in Europe. As of 2022, the company has 26.6 million followers on Instagram. It has a staggering number of 2,184 retail outlets worldwide and operates in more than 150 countries.
6. Dolce & Gabbana
Instagram followers: 29.4 million
Dolce & Gabbana is a luxury fashion house based in Milan, Italy. The company designs and sells luxury apparel in approximately 100 countries through more than 300 mono-brand retail outlets.
While the brand is known in most parts of the world, its popularity in China fell in 2018 advertising campaign which was perceived as highly offensive by the Chinese people. It showed a Chinese woman trying to eat Italian food with chopsticks while being “taunted” and “stalked”.
After the backlash, the company apologized in November of that year, and although it is still trying to regain its lost popularity in China, it remains one of the most recognized brands in the world as a whole.
You can check out their clothing reviews on platforms like Amazon.com, Inc. (NASDAQ: AMZN ), Target Corporation (NYSE: TGT ) and Walmart Inc . (NYSE: WMT).
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Disclosure: None. 15 most famous clothing brands in the world originally published on Insider Monkey.