In this piece, we’ll take a look at the 5 biggest luxury companies in the world. For more such companies, go to 15 Biggest Luxury Companies in the World.
5. Kering SA (KER.PA)
Market Cap as of December 31, 2022: €58.11 billion
Kering SA (KER.PA) is a French multinational luxury goods company that was founded in 1963. Kering SA (KER.PA)’s portfolio of brands includes Alexander McQueen, Gucci, and Saint Laurent, among others. The company designs, develops, and sells a range of high-end fashion products, including clothing, footwear, and accessories, and operates a number of retail stores and e-commerce websites around the world.
4. Compagnie Financière Richemont SA (CFR.SW)
Market Cap as of December 31, 2022: CHF 68.03 billion
Founded in 1988, Compagnie Financière Richemont SA (CFR.SW) is a Swiss luxury goods holding company. Compagnie Financière Richemont SA (CFR.SW) designs, develops, and sells a range of high-end fashion and luxury products, including jewelry, watches, writing instruments, and accessories. The company’s portfolio of brands includes Cartier, Dunhill, and Montblanc, among others.
3. The Swatch Group AG (OTC:SWGAY)
Market Cap as of December 31, 2022: $73.33 billion
The Swatch Group AG (OTC:SWGAY) is a Swiss luxury watch and jewelry company that was founded in 1983. The company is headquartered in Biel, Switzerland, and is the largest watch company in the world by revenue. The Swatch Group AG (OTC:SWGAY)’s portfolio of brands includes Omega, Longines, and Tissot, among others. The company designs, develops, and sells a range of high-end watches and jewelry. The Swatch Group AG (OTC:SWGAY) is known for its innovative use of materials and its strong focus on design and craftsmanship.
2. Hermès International Société en commandite par actions (RMS.PA)
Market Cap as of December 31, 2022: €151.05 billion
Headquartered in Paris, France, Hermès International Société en commandite par actions is a French luxury goods company. Hermès International Société en commandite par actions (RMS.PA)’s portfolio of brands includes Birkin, Kelly, and Constance, among others. The company designs, develops, and sells a range of high-end fashion and luxury products, including clothing, accessories, and home furnishings. Hermès International Société en commandite par actions (RMS.PA) is known for its commitment to quality and craftsmanship, and its products are often considered to be timeless classics.
1. LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY)
Market Cap as of December 31, 2022: $362.95 billion
LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) is a French multinational luxury goods company that was founded in 1987 through the merger of Louis Vuitton and Moët Hennessy. The company is headquartered in Paris, France, and it is the largest luxury goods company in the world by revenue. The company’s portfolio of brands includes Christian Dior, Fendi, and Marc Jacobs, among others. The company designs, develops, and sells a range of high-end fashion and luxury products, including clothing, accessories, and beauty products.
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