market research on the fashion apparel industry model girl hippi

Fashion Industry Statistics

Fashion Industry Statistics Data
Number of Fashion Designer Jobs Held in 2013 19,300
Median Annual Earnings for salaried fashion Designers $62,610
Number of people employed in the fashion industry 4,200,000
Amount spent on fashion in the U.S. each year $250,000,000,000
Annual global fashion industry revenue $1,200,000,000,000
Top Fashion Brands by Revenue Annual Revenue
LVMH Moët Hennessy – Louis Vuitton S.A $37,140,000,000
H&M $18,820,000,000
Kering (Previously Pinault-Printemps-Redoute) $15,650,000,000
The Gap $15,650,000,000
Christian Dior $11,910,000,000
Richemont $11,830,000,000
Estèe Lauder $9,710,000,000
Phillips-Van Heusen Corp $6,040,000,000
Coach, Inc. $4,760,000,000
Levi Strauss $4,670,000,000
Abercrombie & Fitch $4,510,000,000
Jones Group $3,800,000,000
Tiffany & Co $3,790,000,000
Hermès $3,680,000,000
American Eagle Outfitters $3,480,000,000

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Statistic Verification
Source: OTEXA, D&B Hoovers, ITMF
Research Date: February 2nd, 2015

Fashion is a general term for a popular style or practice, especially in clothing, footwear, accessories, makeup, body piercing, or furniture. The fashion industry is a product of the modern age. Prior to the mid-19th century, most clothing was custom made. The fashion industry consists of four levels: the production of raw materials, principally fibers and textiles but also leather and fur; the production of fashion goods by designers, manufacturers, contractors, and others; retail sales; and various forms of advertising and promotion.