Top 5 Clothing Companies in the World in 2022

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In this article, we discuss the top 5 clothing companies in the world in 2022. If you want to read about some more clothing companies, go directly to Top 10 Clothing Companies in the World in 2022.

5. Adidas

Adidas is ranked as the fifth biggest clothing brand in the world with a brand value of $14.64 billion. Adidas, a Germany-based multinational, previously known as the Dassler Brothers Shoe Factory, is the second-largest sportswear manufacturer in the world.

In 2021, Adidas introduced its innovative strategy called “Own the Game” which aims to strengthen the credibility of the brand, create a unique consumer experience, and expand the company’s presence in the area of sustainability. The main aim has been to increase sales potential and profits to ultimately gain higher market share until year 2025. Adidas aims to increase 95% sales from its five product ranges which are football, training, outdoor, running and lifestyle.  The company has further increased its focus on direct-to-consumer model to achieve increased customer base. 

The CEO, Kasper Rorsted, has highlighted that the growth and investment strategy of Adidas aims to invest in human resource, consumers, brand image and ultimately digital transformation.

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