In this article, we are going to look at the 5 most valuable luxury companies in the world. If you want to read more about the top luxury brands in the world and check out our detailed analysis of the luxury goods industry, you can go to 25 Most Valuable Luxury Companies in the World.
5. Compagnie Financière Richemont SA (SWX:CFR)
Market Capitalization: $91.07 Billion
Compagnie Financière Richemont SA (SWX:CFR), also known as Richemont, is a Switzerland-based luxury goods holding company that ranks among the top 5 most valuable luxury companies in the world. It owns a number of luxury brands that produce and sell jewelry, watches, firearms, leather goods, pens, clothing, and accessories. The company’s brand portfolio includes Baume & Mercier, Buccellati, Jaeger-LeCoultre, Piaget, Peter Millar, Purdey, Montblanc, Chloé, Delvaux, Dunhill, and Cartier. Compagnie Financière Richemont SA (SWX:CFR) has a market capitalization of $91.07 billion as of February 15, 2024.
4. EssilorLuxottica SA (EPA:EL)
Market Capitalization: $91.6 Billion
EssilorLuxottica SA (EPA:EL) is an Italian-French multinational corporation that specializes in eyewear and eyecare. The corporation’s brand portfolio includes Ray-Ban, Oakley, Persol, Oliver Peoples, Vogue Eyewear, Arnette, Alain Mikli, Costa, Native Eyewear, and Bolon. As of February 15, 2024, EssilorLuxottica SA (EPA:EL) has a market capitalization of $91.6 billion.
3. Christian Dior SE (EPA:CDI)
Market Capitalization: $151.57 Billion
Christian Dior SE (EPA:CDI), commonly known as Dior, is a French multinational luxury fashion house company. The company’s products include luxury clothing, cosmetics, fashion accessories, jewelry, perfumes, spirits, and watches. With a market capitalization of $151.57 billion as of February 15, 2024, Christian Dior SE (EPA:CDI) ranks among the top 3 most valuable luxury companies in the world.
2. Hermès International S.A. (EPA:RMS)
Market Capitalization: $248.17 Billion
Hermès International S.A. (EPA:RMS) is a French luxury design house company that ranks second on our list of the most valuable luxury companies in the world. It designs, produces, and distributes luxury goods and apparel. As of February 15, 2024, Hermès International S.A. (EPA:RMS) has a market capitalization of $248.17 billion.
1. LVMH Moët Hennessy Louis Vuitton SE (EPA:MC)
Market Capitalization: $438.86 Billion
LVMH Moët Hennessy Louis Vuitton SE (EPA:MC) tops our list of the 25 most valuable luxury companies in the world. It is a French multinational holding company that specializes in luxury goods. The company owns a number of luxury brands including Tiffany & Co., Fendi, Givenchy, Celine, Sephora, TAG Heuer, and Bulgari. As the biggest luxury company in the world, LVMH Moët Hennessy Louis Vuitton SE (EPA:MC) has a market capitalization of $438.86 billion as of February 15, 2024.
You can also take a look at 15 Best Jewelry Insurance Companies Heading into 2024 and 15 Largest Insurance Companies In The US by Market Cap.