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“The Five Wealthiest Fashion Companies In The World”

These fashion brands are one of the richest in the world;

According to Forbes Louis Vuitton, which sells perfume, jewelry, luggage, clothing, and other goods, is one of the top ten most valuable companies in the world.
Christian Dior owns 40.9% of LVMH’s shares and is the largest holding company.
the largest luxury goods manufacturer in the world.It is believed that LVMH purchased American jeweler Tiffany & Co. for $15.8 billion in January 2021, making it the largest acquisition of a luxury brand ever.
In the first nine months of 2022, LVMH Moet Hennessy Louis Vuitton reported sales of 56.5 billion euros, an increase of 28% over the same period in 2021.Forbes estimates that CEO Bernard Arnault’s net worth is approximately $175 billion.

The kids’ and home appliance stores of the clothing company total nearly 3,000 locations.Zara is well-known for developing new products and shipping them to stores in just two weeks.
Amancio Ortega, a Spaniard who is one of the richest clothing retailers in the world, owns Zara.He and his ex-wife, fast fashion pioneer Rosalia Mera, cofounded Inditex in 1975, which is known for its Zara clothing line.Rosalia Mera, who co-founded Zara with her ex-husband Amancio Ortega, died in 2013 at the age of 69.She was the richest self-made woman in the world at the time, with an estimated net worth of $6.1 billion.
Nearly 60% of Inditex’s stock is owned by Ortega. Inditex is a global retailer with 7,500 stores and eight brands, including Massimo Dutti and Pull & Bear. It is listed on the Madrid Stock Exchange.His estimated worth is $61 billion.

Kering was established in 1963 and has its headquarters in Paris, France. The clothing company has nearly 3,000 locations, including its children’s stores.Kering is a clothing and accessory retailer that also makes and sells expensive goods.
Some of the highly sought-after luxury brands include Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Bottega Veneta, Saint Laurent, and Gucci.
Kering detailed that Gucci drives the heft of Kering’s deals, and it represented 35.2% of its income development.Forbes estimates that Kering is worth 36.9 billion dollars.

The company was established in 1947 by Earling Persson and has its headquarters in Stockholm, Sweden.The Swedish store, a well-known one on the high streets, has made a lot of money from fast fashion.Mauritz was the name of the company’s initial retail location;The Swedish word for “woman” is “hennes.”
The organization is worth 15.2 billion as indicated by Forbes.
on the basis of Forbes.

Thierry Hermes founded the Hermès Company in 1837.Thierry Hermès founded the business on June 1, 1938, and its headquarters are in Paris, France.
Products like ready-to-wear clothing, footwear, belts, gloves, hats, silk and textiles, jewelry, furniture, wallpaper, interior fabrics, tableware, perfumes, and watches are all made, sold, and distributed by Hermes.
Their Hermes scarf and Kelly Bag are well-liked items.As of 2022, their clothing is the third most expensive in the world.It is estimated that the company is worth $8.1 billion.

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