The most famous international brands and the strangest fashion statistics 2020 

The planet has a population of more than 8 billion people. Assuming arguably that everyone on Earth has only trousers, a shirt, and a coat, for example, then there are more than 24 billion pieces of clothing on the surface of our planet! Certainly we - or at least most of us - own more than one piece of each item. These are huge amounts of clothes that may only take 770 years to count!

 

According to new research by McKinsey management consultancy, 20 companies dominate the global fashion industry. McKinsey ranked last week in the "Global Fashion Index", the most important fashion companies around the world based on economic profits. This is known as the value-added measure found by businesses where the alternative cost is deducted from the revenue earned. ”

 

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The world's 10 most famous brands of 2020

 

10- Gucci, Alexander McQueen: Balenciaga Cring

Profit: $ 943 million

The luxury group Caring includes more than well-known brands in its kingdoms such as Gucci, Alexander McQueen, Balenciaga, and others.

Gucci has been popular throughout the months, especially among millennials and teenagers shoppers. It ranked second in the list of best apparel brands in the latest survey conducted by LYST and in another poll during April in it also ranked 10th as the best clothing brand interested in buying teenagers in the world. Its sales increased by 46.6% in the first quarter of 2018, and by 35.1% in the fourth quarter of the same year, according to Kring statistics.

 

9 - Adidas

Profits are $ 1.06 billion

The German Adidas sportswear brand is still one of the most important international fashion companies. In recent years, Adidas surveys have achieved double success as they have acquired a greater share in the American market and are making big profits, up from 30% to 40%.

 

8 - Ross Stores

Profits: $ 1.06 billion

Ross stores are known for sale, offering discounts on a wide range of well-known brands, as well as a unique shopping experience for their customers to purchase premium pieces that are difficult to find on the Internet. Analysts praised Bruce as "a retail treasure."

 

7- Cartier, Chloe, Nate a Porter: Rich Mont

Profits: $ 1.07 billion

Rich Mont is the parent company of well-known jewelry and watches companies such as Vacheron, Constantin, Cartier, and the international watch company Schaffhausen. It also owns an online fashion store that displays a wide variety of brands from well-known designers.

 

6- H&M Group

Profits: $ 1.28 billion

H&M is famous for its brand that sells products at economical prices but it are also several shops that offer products at exorbitant prices like A&Z and Cos.

 

And this H&M group is one of the pioneers who made rapid developments in the world of fashion and is still one of the leading fashion companies in the world. Nevertheless, in recent years it faces great pressures from brands on the Internet, which increases its production to keep pace with market demands.

 

5. Hermes

Profits: $ 1.35 billion

The French luxury brand Hermes is famous for its hand-woven silk scarves and hand-woven Perkin handbags, which cost $ 10,000 each. In the latest statistic published by Hermes for its quarterly earnings, it issued a report saying that profits increased by 14% in China, despite fears of a possible slowdown in customer spending rates there.

 

4-TJ Max, Marshall: TJX Companies

Profit: $ 1.97 billion

TJX is the parent company of a large chain of medium-priced stores in America. Among these are TJ Max and Marshall, and it is one of the most important leading stores in the American market.

TJ Max offers big discounts on well-known brands ranging from 20-60%, and this store has achieved great profits over the years.

 

3- Louis Vuitton, Givenchy, Dior, Marc Jacobs: LVMH

Profit: $ 2.33 billion

LVMH is headquartered in Paris and owns luxury brands by well-known designers such as Louis Vuitton, Leu Wei, Celine, and Givenchy. In the first nine months of 2018, the company's profits increased by 10%. Fashion and leather goods occupy the largest share of the company's products.

 

2- Nike

Profits: $ 3 billion

Nike dominates the sports shoe market in America and is also considered one of the strongest brands in the world. In recent years, Nike has come under great pressure in the American market and lost its sales to its German competitor Adidas, which offers new and different products and reacts quickly to the market requirements.

 

1- Zara, Massimo Dotti, Paul & Bear: Inditex

Profits: $ 4 billion

Inditex is headquartered in Spain and is responsible for sales of several brands, such as Zara, Massimo Doti, and Paul & Bear. The company was founded by billionaire Amancio Ortega, who opened the first branch of Zara in northern Spain in 1975, and then Zara developed into a large chain of 2,000 stores in 96 different countries around the world.

 

 

The most important statistics of international brands in the world of fashion 2020

Fashion sales and consumption statistics

· Clothing sales doubled from one trillion in 2002 to $ 1.8 trillion in 2015. (Greenpeace 2017)

 

·   Fashion consumption is expected to increase clothing sales and reach $ 2.21 trillion by 2025. (Greenpeace 2017)

 

·    Clothing consumption is expected to increase by 63%, to increase from 62 million tons now, and reach 102 tons before the end of 2020. (Global Fashion Agenda 2017)

 

·  The average person buys more than 60% of his clothing needs and keeps more than half of them for more than 15 years. (Greenpeace 2017)

 

· The average person consumes more than 11.4 kilograms of clothing annually. (Qantis 2017)

 

·  30% of the clothes in the wardrobe of the British nationals were not worn since at least a year ago. This is equivalent to 1.7 billion items of clothing that have not been worn for a year or more. (WRAP 2011)

 

·  The average person spending on clothing and shoes equals $ 2,288 a year. (Choice 2014)

 

·   The average person buys 27 kilograms of new clothes. (Texel Pet 2016)

 

·    North America is the country with the newest clothing, at a rate of 27 kg of new textiles per capita. (Texel Pet 2016)

 

· Citizens in Western Europe consume the equivalent of 22 kilograms of clothing. (Texel Pet 2016)

 

· The carbon emissions from textiles manufacturing an average family clothing in the United Kingdom are equivalent to the carbon resulting from driving a modern car with an average of 6000 miles. (WRAP 2011)

 

·   The average water footprint (i.e. the rate of clean water used) to produce whole family clothes in the UK exceeds 200,000 liters per year and this amount of water is sufficient to fill more than 1,000 bathtubs. (WRAP 2011)

 

·     Americans consume approximately 20 billion garments per year, equivalent to 62 garments per person. (Elizabeth Klein - Over Dressed 2012)

 

·  The average world per capita consumption of new textiles is 13 kg per capita. (Texel Pet 2016)

·   During the last fifteen years, the average number of times that clothes are worn before discontinuing use has decreased by 36%. (Elle MacArthur Foundation 2017)

 

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