The global textile industry is massive. In fact, it’s one of the largest manufacturing sectors in the world. According to Statista, the textile and clothing market was valued at $1 trillion in 2016 and is expected to reach $1.2 trillion by 2021.
Levi Strauss & Co (LEVI)
Let’s start our list of the top industrial textiles stocks with apparel giant Levi Strauss & Co (LEVI). Levi is the company behind the classic 501 jeans style. The company was founded in 1853 in San Francisco and quickly became the dominant player in the western wear market. Over the years, the company has expanded its product offerings to include a wide range of apparel for men and women, pants, shorts, jeans, shirts, and more. Levi Strauss is also a leader in denim, with brands like Dockers, Wrangler, and Levi’s jeans. The company has a presence in more than 100 countries, with over 60% of sales generated outside of the United States. Levi has a market cap of $23.58 billion. The company reported $5.5 billion in revenue for its most recent fiscal year. LEVI has an an above-average dividend yield of 3.5%.
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