• Wednesday, February 05, 2025
businessday logo

BusinessDay

Top 5 Nigerian fashion brands shaping global style and value

Top 5 Nigerian fashion brands shaping global style and value

These five brands exemplify how Nigerian fashion is not only thriving at home but also making bold statements on the international stage. Their success is driven by a combination of rich cultural heritage, innovative design, strategic global expansion, and a commitment to quality craftsmanship.

While exact valuations are often closely held and can fluctuate with market dynamics, these estimates and statistics underscore the significant impact Nigerian designers are having worldwide.

Read also: How AI is changing fashion and what it means for entrepreneurs

1. Maki Oh

Founder: Amaka Osakwe

Founded: Approximately 2010

International Presence:

Offices/Representatives in New York and London

Regular showcases at international events such as New York Fashion Week

Estimated Valuation: Industry observers have placed its brand value in the vicinity of $15 million (est.)

Distinctive Style: Known for blending traditional Nigerian techniques with contemporary design, making it a coveted name on the international runway

2. Orange Culture

Founder: Adebayo Oke-Lawal

Founded: 2016

International Presence:

Active pop-up showrooms and strategic representation in key fashion capitals such as New York and London

Participation in global fashion weeks and exhibitions

Estimated Annual Revenue: Reports and market estimates suggest revenue in the range of $8 million (est.)

Editorial Presence: Frequently featured in top-tier publications like Vogue and international lifestyle magazines

Read also: Fashion: How we have made our mark on the global stage Bakare

3. Mai Atafo

Founder: Mai Atafo

Founded: Early 2000s (circa 2002)

International Presence:

Offices and distribution partnerships in the US and UK

Regular participation in international trade shows and luxury fashion events

Estimated Valuation: Market observers estimate its brand worth at around $10 million (est.)

4. Tiffany Amber

Founder: Folake Coker

Founded: 1998

International Presence:

Represented in key markets such as New York and London through strategic showrooms and partnerships

Pioneered the entry of Nigerian luxury fashion into international retail spaces

Estimated Annual Revenue: In the range of $7 million (est.) based on industry evaluations

Read also: Building Nigeria’s tourism, fashion, arts, and culture ecosystem

5. Deola Sagoe

Founder: Deola Sagoe

Founded: 1984

International Presence:

Established representation in Europe and the United States

Regularly exhibits at international fashion events and has a loyal following among global connoisseurs of couture

Estimated Valuation: In the ballpark of $10 million (est.)

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp