In this piece, we will take a look at the top five luxury fashion companies in the world. For more luxury fashion companies, head on over to Top 15 Luxury Fashion Companies in the World.
5. EssilorLuxottica Société anonyme (OTCMKTS:ESLOF)
Latest Valuation Estimate: $81.84 billion
EssilorLuxottica Société anonyme (OTCMKTS:ESLOF) is a French company based in Paris. It is the world’s largest fashion eye wear products manufacturer. The company is known to be in partnership with several companies on our list such as Armani, Hermes, Burberry, and Chanel to make and sell luxury fashion eye wear.
4. Compagnie Financière Richemont SA (OTCMKTS:CFRHF)
Latest Valuation Estimate: $82.27 billion
Compagnie Financière Richemont SA (OTCMKTS:CFRHF) is a Swiss luxury fashion company set up in 1979. It makes and sells jewelry, watches, accessories, and clothes. Some of the most well-known luxury and high-end brands held by Compagnie Financière Richemont SA (OTCMKTS:CFRHF) include Cartier, Baume & Mercier, Montblanc, and Jaeger LeCoultre. These enabled the firm to rake in a whopping €19 billion in revenue for its fiscal year than ended in March 2022. At the same time, the global slowdown in the luxury industry seems to not be affecting Compagnie Financière Richemont SA (OTCMKTS:CFRHF) since its trailing twelve month revenue sits at €21 billion.
3. Christian Dior SE (OTCMKTS:CHDRY)
Latest Valuation Estimate: $159.61 billion
Christian Dior SE (OTCMKTS:CHDRY) is a French company based in Paris. The firm is one of the luxury businesses of the richest man in the world, Bernard Arnault. It was set up in 1946 by a fashion designer and Mr. Arnault bought the firm in 1984. Christian Dior SE (OTCMKTS:CHDRY) is headed by the billionaire’s oldest son, and it is known for exclusively selling its products in its own stores. The company also has a laundry list of celebrity ambassadors, including Natalie Portman, Jennifer Anniston, Johnny Depp, Rihanna, and Charlize Theron. It has hundreds of retail locations and separate male and female fashion creative heads.
2. Hermès International Société en commandite par actions (OTCMKTS:HESAY)
Latest Valuation Estimate: $214.31 billion
Hermès International Société en commandite par actions (OTCMKTS:HESAY) is a French luxury fashion company headquartered in Paris. It is one of the oldest companies on our list since it was set up in 1837. The firm sells a variety of products such as gloves, stationery, shoes, perfumes, watches, ties, and clothes. Hermès International Société en commandite par actions (OTCMKTS:HESAY) earned €11 billion in revenue last year and it is also one of France’s largest companies in terms of market capitalization.
1. LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY)
Latest Valuation Estimate: $457.45 billion
LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) is another French luxury brand owned by Bernard Arnault. It is perhaps the best known player in the luxury industry and sells a wide variety of products such as clothes and wines.
Disclosure: None. You can also take a look at 15 Best Financial Stocks To Buy Now and Top 20 Companies in Japan by Market Cap.
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