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Global Powers of Luxury Goods 2015
Engaging the future luxury consumer
The second annual Global Powers of Luxury Goods report identifies the world’s top 100 largest luxury goods companies and analyzes them from multiple perspectives. It also looks at industry trends, M&A activity, and the conditions within the global economy.
Deloitte Touche Tohmatsu Limited is pleased to present the second annual Global Powers of Luxury Goods. This report identifies the 100 largest luxury goods companies around the world based on publicly available data for the fiscal year 2013 (encompassing companies’ fiscal years ended through June 2014.
The report also provides an outlook on the global economy, a look at merger & acquisition activity in the industry, and geographic and product sector analysis. There is a section devoted to the “Q Ratio,” which is a way of measuring business potentials based on non-tangible assets such as brand equity and customer loyalty.
This year’s edition also includes a special discussion on the importance of technology and channel innovation when connecting with luxury consumers.
Here are a few telling numbers about the luxury marketplace:
- Current year-over-year luxury goods sales growth: 8.2%
- Average luxury goods sales of the top 100 companies: US$2.1 billion
- Composite net profit margin: 10.3%
- Aggregate net luxury goods sales of top 100: US$214.2 billion
Luxury goods is a dynamic and increasingly important component of the consumer business industry. Global Powers of Luxury Goods 2015: Engaging the Future Luxury Consumer is a valuable snapshot of where luxury is right now.
Global Powers of Luxury Goods
Global luxury brands should take advantage of evolving technological and consumer demands to help boost profits and remain competitive, according to the 2nd annual Global Powers of Luxury Goods report. Several key aspects of the luxury sector will be unrecognizable in the next few years. The traveling luxury consumer will change the concept of national boundaries; millennial consumers will represent a significant percentage of sales volume in luxury; and the competitive forces driven by technology will continue to disrupt at a faster pace.