How Costco quietly built a multibillion-dollar clothing empire

Costco has become one of the world's biggest clothing retailers.Despite volatile stock price swings over the last year as it trades at a high multiple relative to its retail peers, the company has been a long-term winner. Costco said men's apparel sales were up "double digits" in its fiscal fourth-quarter 2025 earnings, according to a call last month.From 2019 to 2024, Costco grew its annual apparel segment sales from $7 billion to $9.7 billion, a nearly 40% increase, according to estimates by GlobalData. C ...