Top 5 Clothing Companies in the World in 2022

2. Louis Vuitton

Louis Vuitton is ranked as the second biggest clothing brand in the world with a brand value of $23.43 billion. Louis Vuitton, a France-based fashion company, founded in 1854, is known as a luxury retail business and is a division of LVMH. The major luxury product range includes leather luxury items, trunks, handbags, jewelry, perfumes, sunglasses, shoes, watches, and other accessories. 

The company sells premium quality products symbolizing luxury, class and prestige.  It has a niche market where customers are willing to pay extra premium to get their exclusive products.