Share of U.S. sock sales by leading brand, 2016 | Statista (2024)
The statistic depicts the sales share of the leading pantyhose and nylon brands in the United States in 2016. In that year, Fruit Of The Loom captured a share of 8.3 percent of total dollar sales in the United States.
In that year, over 2.25 billion U.S. dollars worth of socks were sold in food, drug and mass merchandise outlets across America. Hanes was the highest earner among the. Their strong market position may however be under threat as other major players continue to expand into the market.
Together, the New York Stock Exchange (NYSE) and the NASDAQ comprise the deepest financial market in the world, with a market cap of over US$50 trillion.
A report by Global Edge noted in March 2019 that a total of 21,239.05 million pairs of socks would be made and sold that year, with China and the U.S. being the top revenue generator markets. The report further asserted that the average price per pair of socks would be about $1.89.
The country's vast and efficient textile industry, coupled with low production costs, has made it the leading global exporter of socks. From plain cotton socks to high-tech sport-specific varieties, China caters to a diverse range of sock demands.
Everyone that tends to wear holes in their socks should invest in a pair from Darn Tough. Their socks are unconditionally guaranteed for life. Darn Tough's high-density knitting ensures that the merino wool won't break down.
You can read more about the brand's mission, to-date over a hundred million items have been donated! But there are other reasons. For one, they are extremely comfortable socks. For another, they are supportive and have blister tabs to keep the back of my foot protected.
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Introduction: My name is Fredrick Kertzmann, I am a gleaming, encouraging, inexpensive, thankful, tender, quaint, precious person who loves writing and wants to share my knowledge and understanding with you.
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