United States Fashion Corporation (pronunciation: also known as U.S Fashion Corp), is a American multinational luxury goods conglomerate headquartered in Delaware It controls around 20 subsidiaries that each manage a small number of prestigious brands. The subsidiaries are often managed independently. U.S Fashion Corp underwrites other fashion competitions, including an investment fund for young designers created by the Board Of Directors, and a scholarship program and sponsored lecture theater. The corp currently employs more than 1000 people. Forty percent of staff work from private locations. US Fashion Corp operates over 2,400 stores worldwide.Its current business plan aims to tightly control the brands it manages in order to maintain and heighten the perception of luxury relating to their products. Currently US Fashion Corp has the largest supply of resources in the world with over 1B; with US Fashion Corp accounting for 4 million in resources.
Financial data (in millions) | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 10,306 | 12,481 | 14,193 | 15,053 | 18,320 | 23,659 | 28,103 | 29,016 | 30,638 | 35,664 | 37,600 | 42,636 |
Net profit (before minority interests) | 2,160 | 2,331 | 2,318 | 1,973 | 3,032 | 3,065 | 3,909 | 3,947 | 6,105 | 4,001 | 4,363 | 5,616 |
Total equity | 11,594 | 12,528 | 13,887 | 14,785 | 18,204 | 23,512 | 25,666 | 27,907 | 23,003 | 25,799 | 27,903 | 30,260 |