Fashion is one of the largest industries globally,accountingfor 2% of the global gross domestic product (GDP). In this graphic, we use data fromCompaniesMarketCapto showcase the world’s 12 largest publicly traded fashion companies, ranked by market capitalization as of Jan. 31, 2024. ...
But fast fashion and sports brands are the biggest winners this year. ZARA's parent company Inditex group has more than 100 billion US dollars in value, and has successfully entered the market capitalization of only about 80 companies in the world. This year, the company's market capitalization...
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Accordingly, Alibaba has invested in twice as many companies as Amazon, while Amazon has acquired five times more companies than Alibaba. Having established a dominant position in North America and Europe, Amazon is aggressively entering India and also making moves in Australia and Singapore. Alibaba...
This case highlights the challenges ofsupply chain sustainability, even for companies that have led the way in terms of ESG. "Some pretty well-known sustainable brands … have been caught in greenwashing because it's difficult to master the entire value chain," Husson said. "This is why we'...
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The ten biggest sportswear brands in the world by most current achieved annual sportswear sales. Only sportswear brands are considered in the ranking, excluding companies that primarily make sports equipment and non-sports fashion brands. Sales for brands are counted individually, even if they belong...
Cargill, the megasized Minnesota-based food production giant, is laying off about 5% of its global workforce as food commodity prices drop. Cargill is America’s largest privately held company, according to Forbes, and is also the world’s largest agricultural commodities trader. In a statement...