Published on 23 Feb 2024 on Insider Monkey via Yahoo Finance
In this article, we will take a look at the 25 most valuable luxury companies in the world. If you want to skip our detailed analysis of the luxury goods market, you can go directly to 5 Most Valuable Luxury Companies in the World.
The Dynamic Landscape of the Global Luxury Goods Market
In the modern world, luxury goods have become a symbol of prestige and exclusivity. Luxury companies are continuously catering to the elite class of consumers who are willing to pay a premium for high-end luxury products and services. Some of the biggest companies in the global luxury goods market are EssilorLuxottica SA (EPA:EL), Hermès International S.A. (EPA:RMS), and LVMH Moët Hennessy Louis Vuitton SE (EPA:MC).