Top 10 luxury goods companies in the world

Top 10 luxury goods companies in the world

Average sales among the world's top 100 luxury goods companies reached $2.2 billion (S$3 billion) in 2015, according to a Deloitte Global report.

The company released its Global Powers of Luxury Goods report last month. It reveals LVMH, which accounts for more than 10 per cent of total luxury goods sales among the top 100 companies, recorded a very strong performance: it was No 1 in luxury goods sales revenue, and also No 1 among the top 10 companies for luxury goods sales growth rate and net profit margin.

Chow Tai Fook - sometimes called "Asia's Tiffany & Co" - dropped three places to No 7 in the rankings, after a 17 per cent decline in sales.

Let's take a look at the world's top 10 luxury goods companies.

No 10 PVH Corp

Selection of luxury brands: Calvin Klein, Tommy Hilfiger

Country of origin: United States

FY14 Luxury goods sales: $6.44 billion

No 9 Ralph Lauren Corporation

Selection of luxury brands: Ralph Lauren, Polo Ralph Lauren, Purple Label, Black Label, Double RL, RLX Ralph Lauren

Country of origin: United States

FY14 Luxury goods sales: $7.62 billion

No 8 L'Oreal Luxe

Selection of luxury brands: Lancôme, Biotherm, Helena Rubinstein, Urban Decay, Kiehl's

Country of origin: France

FY14 Luxury goods sales: $8.24 billion

No 7 Chow Tai Fook Jewellery Group Ltd

Selection of luxury brands: Chow Tai Fook, Hearts on Fire

Country of origin: Hong Kong, China

FY14 Luxury goods sales: $8.29 billion

No 6 Kering SA

Selection of luxury brands: Gucci, Bottega Veneta, Saint Laurent, Balenciaga, Brioni, Pomellato, Girard-Perregaux, Ulysse Nardin

Country of origin: France

FY14 Luxury goods sales: $8.98 billion

No 5 The Swatch Group Ltd

Selection of luxury brands: Breguet, Harry Winston, Blancpain, Longines, Omega, Rado

Country of origin: Switzerland

FY14 Luxury goods sales: $9.22 billion

No 4 Luxottica Group SpA

Selection of luxury brands: Ray-Ban, Oakley, Vogue Eyewear, Persol, Oliver Peoples

Country of origin: Italy

FY14 Luxury goods sales: $10.17 billion

No 3 The Estee Lauder Companies Inc

Selection of luxury brands: Estee Lauder, M.A.C., Aramis, Clinique, Aveda, JoMalone

Country of origin: United States

FY14 Luxury goods sales: $10.78 billion

No 2 Compagnie Financiere Richemont SA

Selection of luxury brands: Cartier, Van Cleef & Arpels, Montblanc, Jaeger-LeCoultre, Vacheron Constantin, IWC, Piaget, Chloe, Officine Panerai

Country of origin: Switzerland

FY14 Luxury goods sales: $13.22 billion

No 1 LVMH Moët Hennessy-Louis Vuitton SA

Selection of luxury brands: Louis Vuitton, Fendi, Bulgari, Loro Piana, Emilio Pucci, Acqua di Parma, Donna Karan, Loewe, Marc Jacobs, TAG Heuer, Benefit Cosmetics

Country of origin: France

FY14 Luxury goods sales: $23.29 billion

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