Zara is one of the leading fashion clothing and accessories brand. It was founded in 1975 by Amancio Ortega and Rosalia Mera. Zara belongs to the Inditex group.
H&M or Hennes and Mauritz is a Swedish multinational clothing company. It operates in 60+ countries with over 130000 employees across the world. The H&M company was founded in 1947 and is headquartered in Stockholm.
3. Forever 21:
Forever 21 is one of the most recognized fashion brands based out of USA. One of the largest retailer chain of United States, Forever 21 was founded in year 1984. It is famous for its youth oriented fashion and apparel products.
Uniqlo is a Japanese company which makes apparel and accessories for guys and girls typically suitable for the young generation. The clothes are designed in such a way that they imbue in themselves the Japanese values of simplicity and elegance. Uniqlo make warm and light clothes that has the best quality fabrics and can be purchased by people belonging to all economic class.
Gucci is an Italian luxury fashion house. It belongs to the French fashion giant Kering group. It was founded by Guccio Gucci in 1921 in Florence, Italy.
Found in 1964, Nike is an American conglomerate has its presence in engaged in manufacturing, design, development, and worldwide marketing and sales of apparel, footwear, equipment, accessories and services. It is one of the world's largest manufacturers and suppliers of athletic shoes, sportswear and a major manufacturer of sports equipment. With its presence worldwide Nike markets its products under its own brand, as well as Nike+, Nike Golf, Nike Pro, Nike Blazers, Air Jordan, Air Force 1, Nike Dunk, Air Max, Foamposite, etc.
Adidas is one of the world’s largest sports goods and accessories manufacturer. Adi Dassler registered the “Gebrüder Dassler Schuhfabrik” in 1924 with a mission to provide athletes with the best possible equipment since then. Adidas is headquartered in Herzogenaurach, Germany and it employees 54,000+ people.
Puma is a brand known for its sports and fitness products in all categories including shoes, shirts, jackets, accessories etc. It has made its presence around the world by opening company owned stores and by franchise model. Puma was first established in Germany after the split between the shoe company of two brothers Adolf Dassler and Rudolf Dassler, from with Rudolf established Puma and Adolf established Adidas.
To conclude, the above article highlights the various competitors which compete with GAP. This understanding helps to evaluate the various external business factors for any company.
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