Top textile companies in Europe

Top textile companies in Europe

The textile companies in Europe play an important role as ambassadors of cultural heritage and creativity around the world. Although the industry is mostly associated with the fashion sector, manufacturing includes products such as leather goods, fur goods, and knitted and crocheted clothing, but also other items such as workwear and protective clothing. Clothing products made in the EU are exceptional in terms of environment, consumer safety, and labor rights. Due to the nature of production, the industry is strongly linked to both textiles and leather.

Textile companies in Europe are the second largest exporter after China, representing 29% of the global market. By product category exported 40% was women's wear, followed by 23% men's wear. The largest apparel industry countries in terms of production value are Italy, Germany, France, Spain, and Portugal, which together account for 75% of total EU production value.

The top textile companies in Europe are below-

LVMH (Moët Hennessy Louis Vuitton)

LVMH Moët Hennessy Louis Vuitton commonly known as LVMH is a French-holding multinational corporation that specialized in luxury goods headquartered in Paris. The company was formed in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, which followed the 1971 merger between champagne producer Moët & Chandon and cognac producer Hennessy.  In 2021, with a value of $329 billion, LVMH became Europe's most valuable company. The main service of this- Clothing, cosmetics, fashion accessories, jewelry, perfumes, spirits, watches, and wines. LVMH's current CEO is Bernard Arnault.

Zalando SE

Zalando SE is a publicly traded German online retailer of shoes, fashion, and beauty. The company was founded in 2008 by David Schneider and Robert Gentz and has more than 50 million active users in 25 European markets. Zalando is active in various business areas - multi-brand online shopping, shopping club Zalando Lounge, outlets in 11 German cities, consulting service Zalon, as well as logistics and marketing offers for retailers. Through the Connected Retail program, Zalando has connected more than 7,000 brick-and-mortar businesses to the online fashion platform. In 2021, Zalando has revenues of 10.35 billion euros with around 17,000 employees.

Prada

Prada is an Italian textile company founded in Milan in 1913 by Mario Prada. It specializes in leather handbags, travel accessories, shoes, ready-to-wear, and other fashion items. Prada licenses its name and branding to Luxottica for eyewear and L'Oreal for fragrances. Mario Prada did not believe that women should have a role in business, so he prevented female family members from entering his company. Ironically, Mario's son had no interest in the business, so Mario's daughter Luisa succeeded Mario and ran Prada for nearly twenty years. Luisa's daughter, Miuccia Prada, joined the company in 1970, eventually taking over from Luisa in 1978. In 2021, Prada has revenues of 3.37 billion euros with around 13,140 employees.

Elis SA

Elis SA provides commercial services. The company offers rental and cleaning of textile and hygiene articles such as workwear, linen, air purification products, dryers, personal protective equipment, automatic dispensers, mats, mops, beverage machines, consumables, and accessories. With over a century of expertise, Ellis is an international multi-service provider, offering textile, hygiene, and facility service solutions. Every day, they make their clients' lives easier with customized solutions that create added value for them and end users. They have one purpose: to help their clients focus on the core of their business so they can better welcome their clients, ensure the safety and well-being of their employees, and ensure the quality of their products. In 2021, Elis has revenues of €3,048m euros with around 52,000 employees.

LPP

For more than 30 years, LPP has built Central and Eastern Europe's largest textile company from scratch. They operate five recognized brands: Reserved, Cropp, House, Mohito, and Sinsay. Already people wearing their clothes can be found in about 40 countries in Europe, Africa, and Asia, and the number is still growing. Their online and stationary stores are visited by millions of customers every year, whom they help express their style. They operate a network of more than 1,700 stores and employ more than 24,000 employees in their offices and sales structures in Warsaw, Gdansk, Krakow, Shanghai, and Dhaka. In 2021, Polish export value amounted to PLN 8.5 billion.