Italy: leading fashion companies 2017, by turnover

Among the most successful Italian fashion companies in terms of turnover, Luxottica Group, without a doubt the global leader in the eyewear sector, ranked first. In 2017, the group registered a turnover of approximately 9.2 billion euros. During the same year, Prada, well known for producing high-end clothing, accessories and footwear, came second in the ranking, reporting a turnover exceeding 2.7 billion euros.

Global leaders in the luxury sector

Luxury goods manufacturers meet consumer demand by focusing on brand, design, materials and craftmanship to transform everyday objects into status symbols. In this sense, Italian companies designing and producing luxury goods are leaders on a global scale. In fact, the most famous Italian brands generate the vast majority of their revenues abroad and are well established in the leading markets for personal luxury goods worldwide (245645).

The European market is still leading

New markets and segments are giving the industry growth points and developing countries are becoming increasingly important for luxury companies that want to expand their business and increase their revenue. However, Europe is still the leading market for personal luxury goods, probably also due to the fact that many overseas tourists enjoy visiting the Old Continent for a shopping spree. Indeed, a report on the luxury goods market published by Bain & Company estimated that in 2018, 33 percent of luxury goods consumers were Chinese.

Leading Italian fashion companies in 2017, by turnover

Turnover in thousand euros
Luxottica Group9,157,291
Prada*2,741,095
Giorgio Armani2,334,717
Calzedonia Holding2,313,613
Yoox-Net-A-Porter Group2,091,040
Max Mara Fashion Group1,558,191
OTB1,486,933
Gruppo Coin1,472,465
Salvatore Ferragamo1,380,779
Decathlon Italia1,308,555
D & G1,290,306
Valentino1,216,313
Moncler1,193,704
Ermenegildo Zegna Holditalia1,183,391
Safilo Group1,046,955
LIR1,045,812
Benetton Group1,023,104
Zara Italia999,709
Tod's963,287
LVMH Italia893,217
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Source

Release date

February 2019

Region

Italy

Survey time period

2017

Supplementary notes

* 11 months turnover.

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Statistics on "Listed luxury fashion companies in Italy"

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