Apparel, Fashion & Lifestyle

Apparel, Fashion & Lifestyle by Company

Apparel, fashion, and lifestyle is three consumer theses on one page: fashion and luxury houses (Tapestry, Ralph Lauren, PVH, Capri), specialty apparel retail (Gap, Abercrombie, American Eagle, Urban Outfitters), and lifestyle footwear (Crocs, Birkenstock). Athletic names stay on the Athletic Footwear & Apparel sector.

Data updated 2026-08-17

The Apparel, Fashion & Lifestyle sector on Sterling tracks 10 companies.

Apparel, Fashion & Lifestyle at a Glance

Structural signals from the latest reported years. The three thesis tabs keep fashion, specialty retail, and lifestyle footwear separate.

•Gap FY2025 net sales were $15.37 billion, up 2%. Old Navy was $8.66 billion. Athleta was $1.22 billion, down 9%. Online was 39% of sales.
•Tapestry FY2026 net sales were $8.00 billion. Coach was $6.91 billion (+24%) and 86% of the group. Kate Spade was $1.07 billion (-10%). DTC was about 87%. GAAP gross margin was 77.8%.
•Ralph Lauren FY2026 revenue was $8.11 billion, +15% reported and +12% constant currency. Retail was 68% of sales. Gross margin was 69.9%.
•Capri sold Versace to Prada on December 2, 2025. Continuing-ops FY2026 revenue was $3.47 billion: Michael Kors $2.87 billion and Jimmy Choo $600 million.
•Hollister grew 15% to $2.74 billion inside Abercrombie. Aerie was $1.94 billion inside American Eagle. Nuuly was $568 million inside Urban Outfitters, up 50%.
•Crocs Brand did $3.33 billion in 2025. HEYDUDE did $715 million and fell 13%. Group DTC was 52.1%. Tariffs were a 130 basis-point gross-margin headwind.
•Birkenstock FY2025 revenue was €2.10 billion, up 16%. DTC was 38%. Americas was still the largest region at €1.09 billion.

Headline numbers

Eight sourced snapshot figures. Fiscal years are not aligned. Birkenstock is converted at the IRS 2025 yearly average.

Gap FY2025 sales

$15.4B

Year ended January 31, 2026. Old Navy $8.66B, Gap $3.50B, Banana Republic $1.92B, Athleta $1.22B. Up 2% vs FY2024 $15.09B.

Gap 10-K

Coach inside Tapestry

$6.91B

FY2026, 86% of Tapestry sales, up 24%. Kate Spade $1.07B, down 10%. Group sales $8.00B.

Tapestry PR

Tapestry DTC mix

~87%

FY2026. Wholesale about 12%, licensing about 1%. GAAP gross margin 77.8%.

Tapestry 8-K

Hollister sales

$2.74B

Abercrombie FY2025. Hollister +15%; Abercrombie family of brands $2.52B, -1%. Group $5.27B, +6%.

ANF PR

Aerie sales

$1.94B

American Eagle FY2025 10-K segment. AE brand $3.41B. Group $5.55B. Digital 39% of revenue. Aerie comps +9%.

AEO 10-K

Nuuly / subscription

$568M

Urban Outfitters FY2026, +50.2%. Group net sales $6.17B, +11.1%. Anthropologie $2.59B is still the largest banner.

URBN 8-K

HEYDUDE sales

$715M

Crocs calendar 2025, -13.3%. Crocs Brand $3.33B. Group $4.04B. Digital 37.8% of consolidated sales. DTC 52.1%.

Crocs 10-K / PR

Birkenstock FY2025

€2.10B

Up 16% reported, 18% constant currency. DTC 38% of sales. About $2.37B at the IRS 2025 average.

Birkenstock PR

Roster revenue, latest year

Last reported fiscal year in USD. Capri is continuing operations after Versace. American Eagle uses the 10-K segment total.

Three theses on one page

Specialty retail is the largest pile because Gap is $15.4B. Fashion is four houses. Lifestyle footwear is Crocs plus Birkenstock. These are not TAM figures.

The roster

Ten public companies. Athletic names, LVMH, Kering, off-price, and sporting-goods retail are out.

Company	Ticker	Archetype	HQ	Latest year	What to watch
Tapestry	TPR	Fashion / luxury	New York, US	FY2026	Coach vs Kate Spade; DTC mix
Ralph Lauren	RL	Fashion / luxury	New York, US	FY2026	Retail mix, Asia vs Americas
PVH	PVH	Fashion / luxury	New York, US	FY2025	Tommy vs Calvin Klein; tariff GM
Capri	CPRI	Fashion / luxury	London, UK	FY2026	Michael Kors + Jimmy Choo after Versace
Gap	GAP	Specialty retail	San Francisco, US	FY2025	Old Navy vs Athleta decline
Urban Outfitters	URBN	Specialty retail	Philadelphia, US	FY2026	Nuuly vs Anthropologie
American Eagle	AEO	Specialty retail	Pittsburgh, US	FY2025	Aerie vs AE brand
Abercrombie	ANF	Specialty retail	New Albany, US	FY2025	Hollister vs Abercrombie family
Crocs	CROX	Lifestyle footwear	Broomfield, US	CY2025	HEYDUDE decline vs Crocs Brand
Birkenstock	BIRK	Lifestyle footwear	London, UK	FY2025	DTC mix, Americas vs EMEA

Companies in the Apparel, Fashion & Lifestyle sector (10)

Frequently asked questions

What is the Apparel, Fashion & Lifestyle sector?

Which companies lead the Apparel, Fashion & Lifestyle sector?

Sterling tracks 10 companies in Apparel, Fashion & Lifestyle, led by Tapestry (TPR), Ralph Lauren (RL), PVH (PVH), Capri (CPRI), Gap (GAP) and Urban Outfitters (URBN).

How can I invest in the Apparel, Fashion & Lifestyle sector?

Publicly traded names in Apparel, Fashion & Lifestyle include Tapestry (TPR), Ralph Lauren (RL), PVH (PVH), Capri (CPRI) and Gap (GAP). Compare them side by side on Sterling.