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The most powerful luxury brands on Earth: top 10

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LVMH company

The luxury products companies has an incredible impact on the economy of the entire globe. According to a recent study by Deloitte, their luxury has a total contribution of US$247billion. Patrizia Arienti, the leader of Deloitte Global EMEA Fashion and Luxury, speaking of the topic in more depth, says: “Despite the recent slowdown of economic growth in major markets including China, the Eurozone and the US, the luxury goods market looks positive” and she continues: “76% of the companies reported growth in their luxury sales”. So, let’s see together the FY2017 top 10 luxury goods companies by sales, according to Deloitte.

10. PVH Corp, US$7.3 billion

PVH Corp Tommy Hilfiger

PVH Corp is the company that finishes our top 10. Based in New York, it is a clothing company responsible for Tommy Hilfiger, Van Heusen and Calvin Klein.

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