2024年全球服装配饰和鞋类行业私营企业100强报告（英文版）-ConsumerEdge

2024

Global

Industry100Rankings

Apparel,

Accessories,&Footwear

Thesearethetop100privatecompaniesin

2024towatchforcompetitivebenchmarking,marketshareanalysis,andprivatecapital

investmentopportunities.

PreparedBy

StacieRabinowitz

ConsumerEdge.com

VPofClientSolutions

Introduction

WelcometoourspringinstallmentoftheCETransactGlobal100.Inthisseries,wehighlightthetopdirect-to-consumercompaniestowatchforprivatecapital

investmentopportunitiesacrosstheglobe.

Thesearecompaniestowatchforcompetitive

benchmarking,marketshareanalysis,andprivatecapitalinvestmentopportunities.

ThereportisbasedonourCETransactGlobaldataset,whichcapturespaymentaccountspendintheUS,UK,Germany,France,Italy,Spain,andAustria.

02

CETransactGlobal100:Apparel,Accessories,andFootwear

03

CETransactGlobal100:Apparel,Accessories,andFootwear

Thismonth’sreportfocusesontheApparel,Accessories,&Footwear(AAF)industry.

Fashiontrendsmayseemtobeglobal;however,avastmajorityofthetopbrandshaveastrong

concentrationinUSsales.TheUSissprawlingwithshoppingmallsandlifestylecenters,providinga

hothouseofretailinnovationgivingbirthtomanyoftheworld’slargestchains.

OneotherkeyfeatureoftheAAF100thatbearsnotingishowmanyofthebiggestretailersarenowprivately

ownedcomingoutofabankruptcyrestructuring.So,thislistmaybeespeciallyinterestingtofirms

specializingindistressedassets.

LeadingThePack

Apparel,Accessories,andFootwearstandsasoneofthemajorindustriesintheglobalretailmarket.The

Top10rangesfromwell-knownclothingbrandstoprovocativeecommerceplayerstoemerging

marketplaces.

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

SHEIN

J.Crew

Fanatics

L.L.Bean

JohnLewis

AnnTaylorLOFT

StockX

GOAT

Forever21

FashionNova

CETransactGlobal100:Apparel,Accessories,andFootwear04

05

CETransactGlobal100:Apparel,Accessories,andFootwear

TopCompanies

ItisunsurprisingtoseethejuggernautSHEINleadingtheAAF100.Theglobalonlinefashionandlifestyle

retailerhasgainedpopularityatanastoundingpace.

Oneisthatcompaniessellingapparelthatmaybe

considered“preppy”haveattainedseveraltopspotsontheAAF100:J.Crewat#2,L.L.Beanat#4,and

AnnTaylorLOFTat#6standoutinthetop10.The

otheristhatsportsgearfromcompanieslike

Fanaticsat#3,StockXat#7,andGOATat#8(withapossiblerepeatmentionofL.L.Beanat#4)ishighinpopularityacrosstheglobe.

TopCompaniesbyTotalSpend:1-20

06

CETransactGlobal100:Apparel,Accessories,andFootwear

TopCompaniesbyTotalSpend:21-40

TopCompaniesbyTotalSpend:41-60

07

CETransactGlobal100:Apparel,Accessories,andFootwear

TopCompaniesbyTotalSpend:61-80

TopCompaniesbyTotalSpend:81-100

08

CETransactGlobal100:Apparel,Accessories,andFootwear

USGrowth

Asacontinuedreminderforthisseries,smaller

companiestendtohavehighergrowthratessincetheyarestartingoffofalowerbaseandasmall

absolutedollarvalueofincrementalsalescantranslatetoahighgrowthrate.

US:Sizevs.Growth

09

CETransactGlobal100:Apparel,Accessories,andFootwear

FortheApparel,Accessory,&

Footwearindustry,thetopgrowthcompaniesareoutperforming

relativetotheirsize.

InAAF,thelargestvolumeplayerSHEINhasseen

outsizedy/ygrowthforitssizeintheUSat26%.

Otherwise,thehighestUSgrowthasexpected

comesfrommuchsmallercompanies,ledbyThe

TaylorSwiftShopwithover180%growthintheheatoftheErastourandQuincewithover160%growth.

Otheroutperformersrelativetotheirsizeinclude

Sezaneat88%,AloYogaat45%,andVuoriClothingat38%.

10

CETransactGlobal100:Apparel,Accessories,andFootwear

Europe

SHEINhasthesixth-largestgrowthinEuropeamongtheAAF100atover50%y/y.VuoriClothinghasthethird-

highestwithspendalmostdoubling.AloYogahasthe

fourth-highestat84%andSezanehasthefifth-highestat75%.AAF100companiesshowingoutsizedgrowthinEuropebutnotintheUSincludethetopgrowth

companyVintedandthesecond-highestgrowthGOAT,bothmorethandoublingspendinEuropeoverthelast

year.Thelargestcompany,JohnLewis,hasrelativelyflatgrowthy/yasmightbeexpectedforitssize.

Growth

Europe:Sizevs.Growth

11

CETransactGlobal100:Apparel,Accessories,andFootwear

InternationalPenetration

TheAAFGlobal100tendtohavetheirrootsvery

firmlyineithertheUSorEurope.Clarksreceives

abouttwo-thirdsofitsspendfromtheUSinourdataandaboutone-thirdfromEurope,theclosestto

balancedofthegroup.BodenandMangoarethe

onlytwoothercompaniesreceivingmorethan10%ofspendfromcustomersintheirnon-primary

marketplace.

US&Europe:ShareofSpend

InternationalGrowth

AlthoughEuropeanpenetrationtendedtobelower

forcross-bordercompanies,itismorelikelytobe

increasing.16companiessawtheirpenetration

increaseinEuropeinthelastyearversusonly8withincreasingpenetrationintheUS.ThelargestincreaseinEuropepenetrationwasforClarks,followedby

GymsharkandVinted.Thelargestpenetration

increaseintheUSwasalsoforafootwearbrand,

Aldo,interestinglyalsofollowedbyanathleticbrandFableticsandthenSezane.

US&Europe:ChangeinShareofSpend

12

CETransactGlobal100:Apparel,Accessories,andFootwear

13

CETransactGlobal100:Apparel,Accessories,andFootwear

Methodology

TheGlobal100consistofthetop100brandsinaConsumer

Edge-definedindustryorsubindustrybasedontotalspendfor

thelast364daysacrossAustria,France,Germany,Italy,Spain,theUK,andtheUS.SpendisconvertedtoUSDonadailybasisforapples-to-applescomparisonacrosscurrencies.Dataisalsogeobalancedtocontrolfordifferingpanelsizesacrossdatasets.“Last364days”referstothe364daysending4/19/2024for

theUS,4/20/2024fortheUK,and4/21/2024fortheEU.

Theoutputislimitedtobrandsthatarepotentialprivate

investmentopportunities,definedforthesepurposesasbrandsnotassociatedwithapublicparentcompanyintheCETransactproduct.Someofthesebrandsmayhavealreadybeenacquiredbyalargepubliccompanybetweenthetimethedataispulled

andthereportispublished,ormaybepartofapubliccompanynotdefinedbyConsumerEdgeashavingsufficientpublic

investorinterestorlargeenoughdirect-to-consumeroperationstobepublishedasaparentinthedataset.

Alldataisreflectiveofdirect-to-consumerspendonly,anddoesnotincludewholesalespendthroughthird-partymerchants.

USandUKdataisfromdebitandcreditcardspendonly.EU

data(Austria,France,Germany,Italy,andSpain)isfromdebit

card,directdebit,anddirecttransferspend.Spendidentifiedascomingfromaspecificcountryorregionhasbeenmadeby

cardholdersdomiciledinthosecountriesatthetimeofaccountcreation.

14

CETransactGlobal100:Apparel,Accessories,andFootwear

About

ConsumerEdge

ConsumerEdgeisadatainsightscompanydeliveringunparalleledviewsintoglobal

consumerspendingbehaviorcoupledwithdeepindustryknowledgeandanalytical

expertise.Oursolutionsprovidekeystakeholdersacrosstheinvestmentandcorporatelandscapeswith

best-in-classtoolsforenhancedstrategicdecision-making.

Ourproductsuiteofdatafeeds,templates,and

visualizationplatformsdeliversunrivaledconsumerspendingintelligencebyfusingnumerousprivacy-compliantdatatypesacrossgeographies.This

uniquesetofcapabilitiesallowsforactionable

insightsdrivenbyournearreal-timemarket

intelligenceandbenchmarkingcapabilitiesatthemerchant,brand,anditemlevels.

About

ConsumerEdge

ExploremoreGlobalIndustry100RankingspoweredbyConsumerEdge.

Marketplace100bya16z

Annualshowcaseofthelargest

consumer-facingmarketplacestartupsandprivatecompanies,poweredby

ConsumerEdge.

Fullreport.

Inanindustrythat’sglobalbyitsverynature,manycompaniesareoperatinginbot