NIKE Inc and LVMH are among the companies best positioned to take advantage of future ESG disruption in the fashion and accessories industry, new analysis shows.
The assessment comes from GlobalData’s Thematic Research ecosystem, which ranks companies on a scale of one to five based on their likelihood to tackle challenges like ESG and emerge as long-term winners of the fashion and accessories sector.
The table below shows how GlobalData analysts scored the biggest companies in the fashion and accessories industry on their ESG performance, as well as the number of new ESG jobs, deals and patents from the companies since August 2021.
The final column in the table represents the overall score given to that company when it comes to its current ESG position relative to its peers. A score of five indicates that a company is a dominant player in this space, while companies that score less than three are vulnerable to being left behind. These can be read fairly straightforwardly.
The other data points in the table are more nuanced, showcasing recent ESG investment across a range of areas over the past year. These metrics, where available, give an indication of whether ESG is at the top of executives’ minds now, but high numbers in these fields are just as likely to represent desperate attempts to catch-up as they are genuine strength in ESG.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
For example, a high number of deals could either indicate that a company is dominating the market, or that it is using mergers and acquisitions to fill in gaps in its offering.
This article is based on GlobalData research figures as of 26 August 2022. For more up-to-date figures, check the GlobalData website.