Top 10 Textile Companies in the World

In this article we have provided the complete information about

Top Textile Companies.

These days each and every person wants to wear new and stylish clothes. And it is all possible because of the Textile Companies. Many people wants to know about Top 10 Textile Companies in the World.

We hope this info will be interesting for you.

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1. Reliance Industries

• World Rank – 56 (01/21)
• Market Value – $179 billion (01/21)
• Headquarters Country – India.
• Employs over 196,618 people.
• Exports to more than 58 countries.

Reliance Industries is headed by its CEO Mukesh Ambani. It was founded in 1988 and provides several textile products. Its textile range is split into 3 categories of Apparel, Fabrics – design shades ranging to over 20,000 – and Automotive Furnishing. It is now also making its impact in multiple industries such as Retail, Petrochemicals, Energy, and Technology.

2. TJX Companies

• World Rank – 172 (01/21)
• Market Value – $82 billion (01/21)
• Headquarters Country – USA.
• Employs over 286,000 people.
• Experience of over 43 years.

TJX Companies is headed by Ernie Herrman. It is a retail company providing its services in the apparel and fashion sector.

It achieves its success by offering products generally in the range of 20-60% of their full price value. It sources its merchandise from over 21,000 vendors in more than 100 countries. It was ranked 80th in the 2020 list of Fortune 500 Companies.

3. V.F. Corporation

• World Rank – 536 (01/21)
• World Rank – 374 (01/20)
• Market Value – $33.310 billion (01/21)
• Market Value – $40.029 billion (01/20)
• Headquarters Country – USA.
• Employs over 50,000 people.
• Experience of over 120 years.

2020 might have been a tough year for V.F. Corporation but its market value is still among the top companies.

The company’s CEO is Steve Rendle and the company produces apparels, Footwear, and accessories. This textile industry has been known to produce and support many iconic brands across the USA such as Altra, Dickies, Kipling, and many more.

4. Lululemon Athletica

• World Rank – 359 (01/21
• Market Value – $45.362 billion (01/21)
• Headquarters Country – Canada.
• Employs over 19,000 people.
• It was founded in 1988.

Lululemon is an athletic apparel brand that designs gear for yoga, run, and training. It produces sports apparel, dresses, and accessories for men and women.

In addition to textile ventures, the company also provides training and coaching for yoga. Its textile products cover almost all the wearables for sweaty pursuits of men and women.

5. Shenzhou International Group Holdings

• World Rank – 617 (01/21)
• Market Value – $29.47 billion (01/21)
• Headquarters Country – China.
• Employs over 85,100 people.
• It was founded in 2005.

Shenzhou International is a clothing manufacturing firm, headquartered in Hong Kong. It is the largest vertically integrated knitwear manufacturers in China.

It produces products for many of the most popular brands in the world such as Nike, Puma, Adidas, and many more. It made sales worth $3.3 billion in 2020.

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6. Zalando SE

• World Rank – 664 (01/21)
• Market Value – $27.576 billion (01/21)
• Headquarters Country – Germany.
• Employs over 13,763 people.
• It was founded in 2008.

Zalando SE is an online digital marketplace related to fashion accessories. It offers products ranging from clothing, sports products, shoes, bags, and many more.

It has 17 active marketplaces including in countries Germany, France, and the UK. It made sales worth $7.8 billion in 2019 and has more than 34 million active customers.

7. Prada

• World Rank – 1061 (01/21)
• Market Value – $16.9 billion (01/21)
• Headquarters Country – Italy.
• Employs over 13,779 people.
• It was founded in 1913.

Prada is a fashion brand producing products with unique appeal and an exclusive fashion for “those who know”.

It produces luxury consumer products such as leather handbags, shoes, perfumes, cosmetics, eyewear, watches, and many more fashion products. It generated net revenue of $3,800 million in 2019.

8. Toray Industries

• World Rank – 1757 (01/21)
• World Rank – 1341 (01/20)
• Market Value – $9.489 billion (01/21)
• Market Value – $11.412 billion (01/20)
• Headquarters Country – Japan.
• Employs over 48,031 people.
• Established in 1923.

Toray Industries has multiple businesses relating to manufacturing, processing, and sales of Fibres and Textiles, Performance Chemicals, and other products. It also took a hit due to COVID-19 because of lockdown and reduced demands.

It generated a comprehensive income of $543 million, which was 14% lesser than the year 2019. It operates in 29 countries and made net sales worth $20.3 billion for the year 2020 (as of March 31st).

9. Under Armour

• World Rank – 1632 (01/20)
• Market Value – $9.277 billion (01/20)
• Headquarters Country – USA.
• Employs over 16,400 people.
• Established in 1996.

Under Armour is a textile company with main business relating to clothing, apparel, and accessories. This textile company’s products are sportswear, sports equipment, footwear, and toiletries for men, women, and children.

The brand started in 1996 with a short, tight, and stretchy shirt, which they called “shorty”. It dries sweat quickly, keeping athletes cool, dry, and light. For the year 2020, it generated net revenue of $2.4 billion – 15% lesser than 2019.

10. Ralph Lauren Corporation

• World Rank – 1703 (01/20)
• Market Value – $8.864 billion (01/20)
• Headquarters Country – USA.
• Employs over 24,900 people.
• Experience of over 50 years.

This textile company is mainly focused on fashion retail and e-commerce. Its main service is tailoring with developing luxury products which are luxury clothing, footwear, furniture, fragrances, and jewellery for women. It generated a gross profit of $3,655 million in 2020, whereas it was $3,900 in 2019.

Top companies in the world based on market value (Jan 1st, 2020).

 

 

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