The world's top 10 luxury companies generate more than half of all global luxury sales

A new report assessing the global powers of luxury sees just 10 companies take more than half of all global luxury sales of the total top 100 companies it analysed. In a report by Deloitte, Global Powers of Luxury Goods 2020, the world’s top 100 luxury goods companies generated revenues of 281 billion dollars in 2019. The top 10 companies, which include LVMH, Kering, Estee Lauder, Richemont, Chanel and PVH, netted over 51 percent of all sales valued at 144 billion dollars. The average size of a luxury company is valued at 2.8 billion dollars, with a minimum turnover over 238 million dollars needed to made Deloitte’s top 100 list.