Global fashion industry statistics - International apparel

Some of the world’s largest fashion companies are based in the United States. Moreover, the currently largest fashion company globally, Nike, is American. Nike is an athleisure- and lifestyle brand with annual revenues of 30.6 billion and a market value of nearly a 105 billion dollars. Nike offers its products worldwide and its largest markets are the United States, accounting for 46 percent of the total revenues, and Western Europe (19 percent). Most of Nike’s income, nearly 94 percent, comes from the Nike brand. The remaining 6 percent comes from Converse, which is a subsidiary of Nike. The brand’s best selling division is footwear, accounting for 64 percent of Nike’s income.

With a market value of 54.5 billion dollars and 2015 annual sales of 30.9 billion dollars, TJX Companies is the second largest fashion company in the United States. TJX operates the majority of its stores in the United States and is best known for its fast-fashion brand T.J. Maxx. Its US sales account for 86 percent, with 26.7 billion dollars. The company is also active on the Canadian and European market with its brands T.K. Maxx, HomeSense, Winners and Marshalls.

The third largest fashion company in the United States is VF Corporation. VF owns several brands including Lee, The North Face, Timberland and Napapijri. In 2015 VF’s annual revenue rose to 12.4 billion dollars with most of its revenues coming from the Outdoors and Action Sports division. The brands The North Face, Vans and Timberland had combined sales of 7.4 billion dollars, accounting for nearly 60 percent of VF’s total income. Currently, VF corporation has a market value of 27.6 billion dollars.

Close to VF Corporation, with a market value of 25.3 billion dollars is L Brands. L Brands is the parent company of Victoria’s Secret and has most of its sales of 12.15 billion dollars, a near 93 percent, domestically.

In fifth place of United States’ largest fashion companies is sports brands Under Armour. The 20-year-old brand managed annual revenues of 4.0 billion dollars in 2015, with 3.45 billion dollar in North America alone. Under Armour is currently valued at 17.8 billion dollars on the New York Stock Exchange.

In million USD

In percentage

Exports of textiles and clothing: 22.9 billion dollars

The United States are not one of the largest exporters of fashion-related products in the world, however it still supplies a fair share of several textiles for fashion purpose to overseas markets. The largest export products among textile and clothing of the United States are:

• Raw cotton: 4.41 billion dollars, 19 percent
• Nonwoven textiles: 1.77 billion dollars, 8 percent
• Cotton yarn of over 85 percent: 1.13 billion dollars, 5 percent
• Artificial filament tow: 1.04 billion dollars, 4.5 percent
• Synthetic filament yarn: 1.03 billion dollars, 4.5 percent

Exports of footwear and headwear: 1.14 billion dollars

Footwear, with leather body: 306 million dollars, 27 percent
Parts of footwear: 263 million dollars, 23 percent
Other headgear: 139 million dollars, 12 percent
Footwear, with textile body: 85.4 million dollars, 7.5 percent
Other footwear of rubber of plastics: 76.9 million dollars, 7 percent
Other footwear: 74.7 million dollars, 6.5 percent

Imports of textiles and clothing: 105 billion dollars

The United States are the largest importer of fashion-related products in the world. It mostly imports manufactured apparel.
Sweaters, pullovers, sweatshirts, etc.: 14.1 billion dollars, 13 percent
Women’s suits, not knit: 9.37 billion dollars, 9 percent
Men’s suits, not knit: 8.2 billion dollars, 8 percent
Women’s suits: 5.63 billion dollars, 5 percent
T-shirts: 5.2 billion dollars, 5 percent

Imports of footwear and headwear: 28.8 billion dollars

Footwear, with leather body: 12.2 billion dollars, 42 percent
Other footwear of rubber or plastics: 6.64 billion dollars, 23 percent
Footwear, with textile body: 4.7 billion dollars, 16 percent
Hats, knitted or crocheted: 1.34 billion dollars, 5 percent