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Global Powers of Luxury Goods 2018 Shaping the future of the luxury industry
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Foreword 3 Top 100 quick statistics 4 Shaping the future of the luxury industry 5 Global Economic Outlook 9 Top 100 highlights 13 Global Powers of Luxury Goods Top 100 15 Top 10 highlights 23 Fastest 20 27 Product sector analysis 29 Geographic analysis 37 Newcomers 45 Study methodology and data sources 47 Endnotes 50 Contacts 51 Luxury goods in this report focuses on luxury for personal use, and is the aggregation of designer clothing and footwear (ready-to-wear), luxury bags and accessories (including eyewear), luxury jewellery and watches and premium cosmetics and fragrances. Contents
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3 Global Powers of Luxury Goods 2018 Foreword Welcome to the fifth Global Powers of Luxury Goods . The report examines and lists the 100 largest luxury goods companies globally, based on the consolidated sales of luxury goods in FY2016 (which we define as financial years ending within the 12 months to 30 June 2017). It also discusses the key trends shaping the luxury market and provides a global economic outlook. The world’s 100 largest luxury goods companies generated personal luxury goods sales of US$217 billion in FY2016. At constant currency, the growth rate was 1 per cent, 5.8 percentage points lower than the 6.8 per cent currency-adjusted growth achieved by these companies in the previous year. The average luxury goods annual sales for a Top 100 company is now US$2.2 billion. The luxury market has bounced back from economic uncertainty and geopolitical crises, edging closer to annual sales of US $1 trillion at the end of 2017. There were major winners and losers within the Top 100: 57 companies increased their luxury goods sales year-over-year, with 22 achieving double-digit growth, and nearly one-third of the Top 100 achieved a higher rate of sales growth in FY2016 than in FY2015. Growth among the Top 100 was dragged down in particular by the ten companies suffering a doubledigit sales decline in FY2016, including two Top 10 players - Swatch Group and Ralph Lauren. However, FY2016 seems to mark the bottom of the downturn in luxury goods sales growth for most companies. Key findings from the report include: • Italy is once again the leading luxury goods country in terms of number of companies, while companies based in France have the highest share of sales. • Cosmetics and fragrances was the top-performing sector in FY2016, and the only sector with improving composite luxury goods sales growth, at 7.6 per cent. • The eleven multiple luxury goods companies have by far the largest average size among the Top 100. Their average annual luxury goods sales in FY2016 were US$6.3 billion, and together they accounted for 32.2 per cent of the Top 100 luxury goods sales. We hope you find this report interesting and useful, and welcome your feedback.
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  • Spring '18
  • Luxury good, LVMH, Luxury Goods, Global Powers of Luxury Goods

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