Shopify is one of the most popular platforms on which to run your eCommerce operations. With Shopify, you can create and run your online store digitally, manage inventory, process payments, engage in digital marketing, and fulfill orders. It allows you to run an eCommerce business from end to end and with high efficiencies.
In Q4 2024 alone, Shopify recorded a 26% revenue growth, reinforcing its position as a leader in online retail. Below, we highlight seven brands excelling on Shopify and explore the strategies behind their success. Read on!
7 Brands Breaking Revenue Caps on Shopify
Curated below is a list of brands making the most revenue on Shopify, explained with the key factors that led them to the top position.
Overview
Brand | Industry | Annual Revenue from Shopify |
Allbirds | Footwear | Over $254 million |
Gymshark | Fitness apparel | $556 million |
Taylor Stitch | Clothing | $5 to $7 million |
Steve Madden | Clothing | Over $20 million |
Asphalte | Clothing | Over $3 million |
Bombas | Clothing | Over $20 million |
Rebecca Minkoff | Fashion | $10 million |
1. Allbirds
Annual Shopify revenue: $254+ million
Allbirds, a New Zealand-based footwear brand, launched its Shopify store in 2016. It has seen an upward trajectory ever since, emphasizing excellent customer experiences from the very start. Allbirds thrives on Shopify because:
- They use Ship from Store on Shopify POS to fulfill orders from nearby stores instead of warehouses to save costs.
- Uses big hero images that tell the brand’s story effectively.
- Effectively uses the entire first fold to strategically place value propositions.
2. Gymshark
Annual Shopify revenue: $556 million
Gymshark, started by 19-year-old Ben Francis, is the fastest-growing apparel brand today. Gymshark focuses on visuals-based branding on its Shopify store to achieve desired outcomes. Here are a few examples:
- Gymshark leverages Shopify Scripts on Shopify Plus servers. It allows them to customize checkout experiences with custom code and offer freebies to customers for specific purchases, enhancing loyalty.
- They display important collaborations using full-width images.
- They offer immersive digital-physical experiences called World Tours through Shopify POS system. This allows their customers to meet their fitness idols and make one-on-one purchases at expos or similar events.
3. Taylor Stitch
Annual Shopify revenue: $5 to $7 million
Taylor Stitch is a premium men’s clothing brand launched in 2008. With a focus on environmental responsibility, this brand does Shopify right in many ways:
- The store uses a classic, rugged, and manly aesthetic to appeal to its target audience.
- The store design enhances focus on their eco-friendly, regenerative fabrics that reinforces their brand ethos, elevating customer trust and resonance with their message.
- The cart is designed to transparently display item status, reducing potential disputes that could lead to churn. For example, when adding an item from the “Last Call” section, the interface clearly outlines return expectations, ensuring customers make informed decisions before purchasing. This proactive approach helps prevent misunderstandings and enhances the shopping experience.
4. Steve Madden
Annual Shopify revenue: $20+ million
Steve Madden started as a shoe brand in the 90s and gradually grew into bags and belts. A large part of their sales can be attributed to online channels today. Their Shopify store does three things well:
- Enhanced mobile checkout experience with smooth payments and a user-friendly interface.
- They used Yotpo to consolidate reviews, visual marketing, and loyalty programs onto a single platform, reducing complexity.
- They follow bold and dynamic visual design, true to their branding.
5. Asphalte
Annual Shopify revenue: $3+ million
Asphalte, the French clothing brand, was launched in 2016 as an alternative to traditional fashion production and consumption trends. They believe fewer garments of better quality are a better bet to own, and it is reflected in their Shopify store:
- They operate on a sustainable, three-month pre-order model that helps them reduce waste and avoid overproduction.
- They use a unified, omnichannel experience using Shopify POS to synchronize inventory, manage returns, and track multichannel orders.
- The store has a community-driven design co-created with customers to enhance relatability and loyalty.
6. Bombas
Annual Shopify revenue: $20+ million
Bombas, founded in 2013, follows a unique business model of buy-one-donate-one. They donate a pair to homeless shelters for every pair of socks they sell. Their Shopify store embodies this ethos perfectly:
- They operate on Shopify Plus to ensure site stability during high-traffic seasons like Cyber Monday.
- They applied several customized solutions for complex needs, such as a virtual SKU system, a custom order status app, and integration with 3PL (Amware).
- They have a clean and user-friendly store design to showcase comfort and product quality.
7. Rebecca Minkoff
Annual Shopify revenue: $10 million
Founded in 2005, Rebecca Minkoff started off with one bag, the Morning After Bag, which propelled this brand into the mainstream.
Its Shopify store is truly cutting-edge and unique:
- They use AR and VR technologies on Shopify to let customers interact with their products and encourage purchases.
- Options like Smart Mirrors and self-checkout provide a seamless shopping experience.
- The store has a sleek and modern design, encapsulating the brand’s identity and New York vibes.
Final Words
The modern method of shopping involves reaching your customers on their smartphones and providing them with a smooth eStore experience.
Shopify allows your store to showcase your products well, effectively manage inventory, create personalized customer journeys, and optimize costs with Ship from Store and Shopify POS solutions.
Centous is a specialized eCommerce web design and development company with a strong focus on platforms like Shopify, Magento, and WooCommerce. Reach out to our team for Shopify web development and design to get started with your store today.