Luxury Fashion Report 2020

Statista Consumer Market Outlook

Luxury Fashion Report 2020 The segment Luxury Fashion accounted for 34% of the Luxury Goods revenue in 2019. The worldwide revenue of US$106 billion in 2019 is expected to increase to US$130 billion by 2025. This report from the series of segment reports gives an overview of the Luxury Fashion market from an international perspective.


What's included?
  • All relevant sales figures and growth rates, including forecasts until 2025
  • Regional comparison with focus on Europe, United States, China and South America
  • COVID-19 impact

DescriptionContentTables

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 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).

  • Language: English
  • Released: November 2020
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