Luxury groups

About the Major World Luxury Groups

The top 100 luxury goods companies, including major players like LVMH, Richemont, and Chanel, are going global in the 2020s, generating hundreds of billions of dollars in revenue. However, the post-2020 health crisis has highlighted supply risks. To adapt, luxury brands are swiftly embracing digitalization.

Digitalization challenges

Luxury groups are accelerating their transition to digitalization. An uncertain global economy and the global transport restrictions continued to shake up luxury industry. Distribution must innovate to face post-2020 restrictions, and all kind of economy threats. Thus, digitization is an opportunity for the major luxury brands, to adapt in this economic context.

The Most Prestigious Luxury Groups List

The biggest companies in the luxury sector are LVMH, Richemont, Kering, Swatch, Estée Lauder, Luxottica, Chanel, Chow Tai Fook Jewellery and PVH.

 The Top 10 Luxury Goods Companies by Sales

The following data presents an overview of the top 10 luxury goods companies by sales for the fiscal year 2021. LVMH Moët Hennessy-Louis Vuitton from France leads the pack with a significant margin, boasting sales of nearly $55 billion, reflecting a growth of over 55% from the previous year.

The list is dominated by companies based in France, the United States, and Switzerland, with notable growth trends across the board. Companies such as Chanel and China National Gold Group Gold Jewellery Co., Ltd showed impressive sales growths of 54.7% and 50.3% respectively. The cumulative sales of these top companies indicate a robust recovery and expansion within the luxury sector, emphasizing the industry’s resilience and dynamic market presence.

The top 10’s contribution to the overall top 100 luxury goods sales is substantial, underscoring their pivotal role in the industry’s financial health.

The biggest brands of the most prestigious luxury groups

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