Owner Scorecard


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An industry chapter · Textiles & Apparel

Textiles & Apparel

20 members, AS to ZGN, A to Z by ticker.

Gross profitability
median 55% — gross profit as a share of total assets, each member's median across its readable years; read on 20 of 20 members
Capital intensity
median 2.8% — capital expenditure as a share of revenue, each member's median across its readable years; read on 20 of 20 members
Net cash
7 of the 20 members with a readable debt line hold more cash and short-term investments than total debt

Figures describe the list as a group, from each member's own filed record; they name no member and form no rank. A member missing an input is absent from that median, never counted against the others.

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AS Amer Sports Inc.

A consumer-brand business, where the durable asset is the brand and the pricing power it commands.

Owner earnings 2021–2025 $207M($169M)$75M$196M$513M

Retained capital Paid out $88M more than it earned over 2021–2025; annual owner earnings grew $224M.

Balance sheet Modest net debt, $140M

COLM Columbia Sportswear

Our Columbia brand offers authentic, high-value outdoor apparel, footwear, accessories and equipment products suited for hiking, trail running, snow sports, and fishing and hunting activities, as well as everyday outdoor activities.

Owner earnings 2016–2025 $225M$288M$224M$226M$247M$320M($84M)$582M$431M$217M

Retained capital Retained $77M of earnings over 2016–2025; annual owner earnings grew $164M.

Balance sheet Net cash, debt-free, +$791M · dividend paid 10 of 10 yrs, cut at least once

CRI Carter's

In this market, our Carter's brands, including our exclusive brands, collectively hold the #1 position with approximately 9% market share as of December 2025 and our OshKosh brand has approximately 1% market share as of December 2025.

Owner earnings 2016–2026 $281M$260M$292M$326M$556M$48M$469M$243M$69M

Retained capital Paid out $138M more than it earned over 2016–2026; annual owner earnings fell $18M.

Balance sheet Meaningful net debt, $504M · buybacks at an average near $88.43 · dividend paid 9 of 9 yrs, cut at least once

FIGS FIGS Inc.

We are a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals.

Owner earnings 2019–2025 $6M$21M$65M($37M)$98M$74M$53M

Retained capital Retained $73M of earnings over 2019–2025; annual owner earnings grew $45M, $0.61 per $1 retained.

Balance sheet Net cash, debt-free, +$82M

GES Guess

A consumer-brand business, where the durable asset is the brand and the pricing power it commands.

Owner earnings 2016–2025 $96M$4M$85M$13M$136M$190M$68M$108M$256M$53M

Retained capital Paid out $802M more than it earned over 2016–2025; annual owner earnings grew $78M.

Balance sheet Modest net debt, $72M · dividend paid 10 of 10 yrs, cut at least once

GIII G-III Apparel

III is a global leader in fashion with expertise in design, sourcing, distribution and marketing, which enables us to fuel growth across a portfolio of over 30 globally recognized owned and licensed brands, anchored by our key owned brands DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin.

Owner earnings 2017–2026 $81M$45M$75M$171M$59M$168M($126M)$563M$289M$264M

Retained capital Retained $684M of earnings over 2017–2026; annual owner earnings grew $305M, $0.45 per $1 retained.

Balance sheet Net cash, +$402M · buybacks at an average near $22.96 · dividend paid 1 of 10 yrs, never cut

GIL Gildan Activewear Inc. Class A Sub. Vot.

Gildan acquired is a global leader in everyday iconic apparel.

Owner earnings 2017–2025 $521M$431M$232M$364M$490M$425M$356M$500M

Retained capital Retained $1.9B of earnings over 2017–2025; annual owner earnings grew $32M, $0.02 per $1 retained.

Balance sheet Heavy net debt, $3.6B · dividend paid 8 of 8 yrs, cut at least once

GOOS CANADA GOOSE HOLDINGS INC.

Revenue is DTC (74%), Wholesale (19%) and Other (7%).

Owner earnings 2016–2025 (C$11M)C$33MC$117MC$55MC$6MC$262MC$117MC$71MC$110MC$275M

Retained capital Retained C$367M of earnings over 2016–2025; annual owner earnings grew C$106M, C$0.29 per C$1 retained.

Balance sheet Net cash, +C$330M

KTB Kontoor Brands Inc. Common Stock

Kontoor Brands Inc. Common Stock is a global lifestyle apparel company, with a portfolio led by three of the world's most iconic consumer brands: Wrangler , Lee and Helly Hansen .

Owner earnings 2017–2026 $143M($117M)$755M$224M$65M$329M$349M$435M

Retained capital Retained $732M of earnings over 2017–2026; annual owner earnings grew $111M, $0.15 per $1 retained.

Balance sheet Meaningful net debt, $1.0B · dividend paid 6 of 8 yrs, cut at least once

LANV Lanvin Group Holdings Limited

A consumer-brand business, where the durable asset is the brand and the pricing power it commands.

Owner earnings 2020–2024 (€93M)(€83M)(€106M)(€101M)(€72M)

Retained capital not read

Balance sheet Net debt against an operating loss, €239M

LEVI Levi Strauss & Co

Under our Levi's , Dockers , Levi Strauss Signature , Denizen and Beyond Yoga brands, we design, market and sell directly or through third parties and licensees products that include jeans, casual and dress pants, activewear, tops, shorts, skirts, dresses, jackets and related accessories for men, women and children around the world.

Owner earnings 2017–2025 $407M$300M$288M$339M$570M$69M$270M$671M$308M

Retained capital Retained $1.3B of earnings over 2017–2025; annual owner earnings grew $85M, $0.07 per $1 retained.

Balance sheet Modest net debt, $190M · buybacks at an average near $20.39 · dividend paid 9 of 9 yrs, cut at least once

LULU lululemon athletica inc.

Our design and development team continues to source technically advanced fabrics, with new feel and fit, and craft innovative functional features for our products.

Owner earnings 2017–2026 $299M$381M$620M$507M$574M$1.2B$675M$1.9B$1.8B$1.1B

Retained capital Retained $3.5B of earnings over 2017–2026; annual owner earnings grew $1.2B, $0.34 per $1 retained.

Balance sheet Net cash, debt-free, +$1.8B · buybacks at an average near $233

NCI Neo-Concept International Group Holdings Limited

Neo-Concept UK began to sell apparel products in the UK under the brand " les 100 ciels " through its retail stores.

Owner earnings 2021–2025 HK$10M(HK$43M)(HK$50M)(HK$4M)HK$17M

Retained capital not read

Balance sheet Modest net debt, HK$3M

OXM Oxford Industries

We are a leading branded apparel company that designs, sources, markets and distributes products bearing the trademarks of our portfolio of lifestyle brands: Tommy Bahama, Lilly Pulitzer, Johnny Was, Southern Tide, TBBC, Duck Head and Jack Rogers.

Owner earnings 2017–2026 $69M$80M$59M$85M$55M$166M$79M$170M$126M$54M

Retained capital Retained $88M of earnings over 2017–2026; annual owner earnings grew $47M, $0.53 per $1 retained.

Balance sheet Net debt against an operating loss, $112M · buybacks at an average near $65.30 · dividend paid 10 of 10 yrs, cut at least once

PVH PVH Corp.

We refer to our currently or previously owned and licensed trademarks, other than TOMMY HILFIGER and Calvin Klein , as our "heritage brands" and the businesses we currently operate or previously operated under the heritage brands as our "Heritage Brands business."

Owner earnings 2017–2026 $656M$286M$473M$675M$471M$803M($251M)$725M$582M$538M

Retained capital Paid out $267M more than it earned over 2017–2026; annual owner earnings grew $143M.

Balance sheet Heavy net debt, $1.6B · buybacks at an average near $91.58

RL Ralph Lauren Corporation

Ralph Lauren, we are a global leader in the design, marketing, and distribution of luxury lifestyle products, including apparel, handbags, footwear & accessories, fragrances, home, and hospitality.

Owner earnings 2017–2026 $669M$814M$586M$484M$273M$549M$194M$905M$1.0B$921M

Retained capital Paid out $1.5B more than it earned over 2017–2026; annual owner earnings grew $259M.

Balance sheet Net cash, +$826M · dividend paid 10 of 10 yrs, cut at least once

UA Under Armour Inc.

Our principal business activities are the design, development, marketing and global distribution of branded performance apparel, footwear and accessories for men, women and youth.

Owner earnings 2016–2026 $50M($44M)$458M$363M$121M$595M($198M)$204M($228M)($162M)

Retained capital Paid out $352M more than it earned over 2016–2026; annual owner earnings fell $217M.

Balance sheet Net debt against an operating loss, $881M · dividend paid 1 of 10 yrs, never cut

UAA Under Armour

Our principal business activities are the design, development, marketing and global distribution of branded performance apparel, footwear and accessories for men, women and youth.

Owner earnings 2016–2026 $50M($44M)$458M$363M$121M$595M($198M)$204M($228M)($162M)

Retained capital Paid out $352M more than it earned over 2016–2026; annual owner earnings fell $217M.

Balance sheet Net debt against an operating loss, $881M · dividend paid 1 of 10 yrs, never cut

VFC VF Corp.

A consumer-brand business, where the durable asset is the brand and the pricing power it commands.

Owner earnings 2016–2026 $1.3B$1.3B$1.4B$586M$1.1B$619M($808M)$879M$379M$557M

Retained capital Paid out $4.7B more than it earned over 2016–2026; annual owner earnings fell $758M.

Balance sheet Heavy net debt, $2.7B · buybacks at an average near $57.76 · dividend paid 10 of 10 yrs, cut at least once

ZGN Ermenegildo Zegna N.V.

Revenue is led by ZEGNA brand (62%) and Tom Ford Fashion (17%), with 2 more lines behind.

Owner earnings 2019–2025 €128M€43M€201M€97M€218M€179M€255M

Retained capital Paid out €379M more than it earned over 2019–2025; annual owner earnings grew €93M.

Balance sheet Net cash, +€135M · dividend paid 5 of 7 yrs, never cut

The same four lines for every member, in strict ticker order; a figure that could not be read renders as "not read," never as a mark against the record beside it. The header describes the list and names no member; the entries carry no ranking and form no score. What a chapter cannot carry — understanding of the business, and a price — is yours.