In an analysis by Sourcing Journal of data from S&P Capital IQ, the top 100 public companies in the textile, apparel and luxury goods sector ranked by annual sales are global powerhouses led by LVMH Moët Hennessy, Christian Dior SE and Nike Inc.
Many of the top brands by annual sales also took prominent positions in the list of top companies ranked by market capitalization
More from WWD The sector has 1,350 constituents that generate $1.47 trillion in annual sales. The top 100 have $731.5 billion in annual revenue. S&P Capital IQ uses the Global Industry Classification Standard (GICS) framework to identify these companies.
In the top 100 list, those ranked in the first dozen or so reflect a mix of luxury houses, sportswear giants, retail holding groups and supply chain manufacturing giants. But what defines their success? First, there’s a polarization between premium luxury brands and those that leverage mass market and scale value.