Luxury Fashion
- Worldwide
Highlights
- Revenue in the Luxury Fashion segment amounts to US$107,969m in 2021. The market is expected to grow annually by 4.77% (CAGR 2021-2025).
- In global comparison, most revenue is generated in the United States (US$26,925m in 2021).
- In relation to total population figures, per person revenues of US$14.32 are generated in 2021.
Market definition
The Luxury Fashion segment includes Luxury Apparel and Footwear. The overall definition of this segment follows the Consumer Market Outlook’s Apparel and Footwear markets, while here only sales of luxury brands are considered, and mass-market products are excluded.
Fashion constitutes the bulk of sales in the global personal luxury goods industry and has a healthy growth outlook over the next five years.
The shown market data are based on an analysis of more than 100 of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Accordingly, fashion goods from smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.
The most notable companies are LVMH (with brands such as Louis Vuitton, Fendi or Loro Piana), Kering (Gucci, Balenciaga, Saint Laurent and other brands), Ralph Lauren and PVH (Calvin Klein, Tommy Hilfiger).
Fashion constitutes the bulk of sales in the global personal luxury goods industry and has a healthy growth outlook over the next five years.
The shown market data are based on an analysis of more than 100 of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Accordingly, fashion goods from smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.
The most notable companies are LVMH (with brands such as Louis Vuitton, Fendi or Loro Piana), Kering (Gucci, Balenciaga, Saint Laurent and other brands), Ralph Lauren and PVH (Calvin Klein, Tommy Hilfiger).
in-scope / out-of-scope
in-scope
- Apparel (Ready-to-Wear, Prêt-à-porter)
- Footwear
- Clothing accessories (gloves, neckwear, belts, hats and caps etc.)
- Luxury segments and brands of the companies covered (see methodology for list)
out-of-scope
- Leather goods (bags and luggage)
- Artisanal and small-scale production unaffiliated with the covered companies (see methodology for list)
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