The Global Denim Jeans Market is said to grow with a CAGR of 6.2% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.
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The global denim jeans market is a highly fragmented market, which includes a number of key players and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players dealing in the global denim jeans market are introducing a strong range of product providers, launching new products, and adopting strategic initiatives such as acquisition, agreement, business expansion, award, and recognition. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In July 2021, Fast Retailing Co., Ltd.’s brand UNIQLO announced that they had signed a partnership agreement with NPB Enterprise, Inc. to supply apparel to the Japan National Baseball Team. Under the agreement, UNIQLO will provide navy and dark gray Kando Jackets, Kando Pants, and shirts to the Japan national baseball team's players, coaches, and officials. With this, the company will be able to expand its customer base in the market
FAST RETAILING CO., LTD. is the dominating player in the global denim jeans market. The other key players existing in the market include Gap Inc., H&M Group, VF Corporation, Levi Strauss & Co, PVH Corp., AG Adriano Goldschmied, A.P.C. BESTSELLER A/S, Carhartt, Inc., dawsondenim, EDWIN Europe GmbH, Everlane, Hiut Denim Co, Kontoor Brands, Inc., Nudie Jeans Co., OTB, Pepe Jeans, RALPH LAUREN, U.S. Polo Assn., among others.
FAST RETAILING CO., LTD.
FAST RETAILING CO., LTD. is headquartered in Yamaguchi, Japan, and was founded in 1963. It has public ownership. The company is a manufacturer and retailer of private-label apparel. The company offers a wide range of products categories such as UNIQLO, GU, Theory, PLST, COMPTOIR DES COTONNIERS, PRINCESSE TAM.TAM, J Brand. Among which UNIQLO, PLST, COMPTOIR DES COTONNIERS, J Brand are the market-focused categories.
- In August 2021, Fast Retailing Co., Ltd., announced that its brand UNIQLO is opening its first Global Flagship Store in Beijing. The new store will offer customers inventive and unique retailing experiences delivering LifeWear for more dynamic, creative, and environmentally friendly future lifestyles. Thus the company will expand its market presence in China
The company has a wide global presence across Europe, America, and Asia-Pacific with its various subsidiaries such as Uniqlo (Japan), GU (Japan), Link Theory Holdings Co., Ltd. (Japan), J Brand (U.S.), Fast Retailing France S.A.S. (Paris) among others.
Gap Inc.
Gap Inc. is headquartered in California, U.S., and was found in 1969. It has public ownership. The company is a collection of purpose-led lifestyle brands offering apparel, accessories, and personal care products for women, men, and children. The company offers a wide range of product categories such as Old Navy, Gap, Banana Republic, Athleta, which are also the market-focused categories.
- In June 2020, Gap Inc. announced that its brand Gap had launched its standalone e-commerce website in Mexico. The website will help the brand connect with the customer and offer them a seamless, accessible, and curated shopping experience. This way, the company was able to provide convenient shopping solutions to its customers
The company has a wide global presence across Europe, America, Asia-Pacific, and Middle-East and Africa with its various subsidiaries such as Old Navy (U.S.), Banana Republic (U.S.), Athleta Inc. (U.S.), Drapr Inc. (U.S.), Gap (UK Holdings) Ltd. (U.K.) among others.
H&M Group
H&M Group is headquartered in Stockholm, Sweden, and was founded in 1947. It has public ownership. The company provides a combination of fashion, quality, price, and sustainability. The company offers products like H&M, COS, Weekday, Monki, H&M HOME, ARKET, Afound, which are also the market-focused categories.
- In September 2021, H&M Group announced the opening of its first standalone store in Paris, France. Here the company will showcase its latest H&M HOME collections. Thus, the company will be able to attract more customers and penetrate deep into the France market
The company has a wide global presence across Europe, America, Asia-Pacific, and Middle-East and Africa with its various subsidiaries such as H & M Hennes & Mauritz AS (Norway), H & M Hennes & Mauritz A/S (Denmark), H & M Hennes & Mauritz UK Ltd (U.K.), H & M Hennes & Mauritz UK Services Ltd (U.K.), H & M Hennes & Mauritz SA (Switzerland) among others.
