Foreword 3
Top 100 quick statistics4
Shaping the future of the luxury industry5
Global Economic Outlook9
Top 100 highlights13
Global Powers of Luxury Goods Top 10015
Top 10 highlights23
Fastest 2027
Product sector analysis29
Geographic analysis37
Newcomers45
Study methodology and data sources47
Endnotes50
Contacts51
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
3Global Powers of Luxury Goods 2018
Foreword
Welcome to the ffth 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 defne as
fnancial 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 sufering 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 fndings from the report include:
Italy is once again the leading luxury goods country in terms of number of companies, while companies based inFrance 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 fnd this report interesting and useful, and welcome your feedback.
Patrizia Arienti
EMEA Fashion & Luxury Leader
Deloitte Touche Tohmatsu Limited
4Global Powers of Luxury Goods 2018
Top 100 quick statistics
8.8%
0.8x
US$2.2
billion
1.0%
FY2014-16
Compound annual
growth rate in luxury
goods sales
Composite
Composite
asset turnover
Average luxury
goods sales of
Top 100 companies
Composite
return on
assets
Minimum sales
required to be on
Top 100 list
Aggregate net
luxury goods sales
of Top 100
Economic
concentration
of Top 10
Composite year-over-
year Top 100 luxury
goods sales growth
3.9%
US$217
billion
47.2%
6.9%
US$211
million。