Creating engaging experiences has been top of mind for many retailers, but loyalty is tough to measure and profitability is still the appraisal of success. Every year Apparel examines the profit margin of the top apparel manufacturers and retailers and ranks the top 50 in its annual Apparel Top 50 report.
For even the most successful apparel players, 2017 was a difficult year — particularly the first half — coming on the heels of a string of challenging years that have witnessed store downsizings and bankruptcies. While total revenues and net incomes were up from those of the Top 50 companies of the previous year — $287.6 billion vs. $285.8 billion and $19.7 billion vs. $19.3 billion, respectively — average profitability fell from 6.2% to 5.9%.
The full report is available for free download here. Below is a quick look at the top 10 retailers to make the list, omitting the apparel companies that do not have their own retail outlets