Though retail spending in the United States took the steepest nosedive in March, industry biggies on the 18th annual Forbes Global 2000 list—which uses market value, sales, profits and assets to determine the world’s largest public companies—seem poised to survive.

Atop this of the world’s largest apparel companies is LVMH Moët Hennessy Louis Vuitton, with brands like Louis Vuitton, Christian Dior and Givenchy. Run by French billionaire Bernard Arnault, LVMH has a $194 billion market value and assets exceeding $108 billion, making it the 73rd largest public company in the world.

Sportswear giant Nike finished in a distant second among apparel companies, climbing 35 spots to become the 244th largest public company in the world. Fellow footwear maker Adidas also made strides, cracking the top 400 with more than $25 billion in sales.

Canada-based Lululemon, which came in 1209th overall, maintained last year’s momentum, clocking nearly $4 billion in sales, up from $3.2 billion last year. Thanks to the athleisure brand’s e-commerce surge and strong balance sheet, some analysts predict that the company may actually end up in better shape than it was prior to the pandemic.

Still, for others on this list, the bad news may outweigh the good. Ranked 1490th, Nordstrom, for example, recently announced the permanent closure of 16 stores, striking fear that the department store may go the way of Neiman Marcus, Bergdorf Goodman and Barneys.