Brands of luxury personal consumer goods bought new or used in the U.S. 2018
Michael Kors was the most popular brand for personal luxury items in the United States in 2018: In that year 44 percent of U.S. respondents (aged 18 and older) stated that they had bought bags, shoes and other such items from the American luxury brand in the past 3 years. Other popular brands for personal luxury items included Gucci, Chanel and Louis Vuitton.
Personal luxury goods market
The personal luxury goods market incorporates a wide range of products, including perfumes, fashion items, cosmetics, and jewellery. These products not only lie at the highest end of the market in terms of price, but they also offer premium quality to their buyers. The global personal luxury goods market has seen a 205 billion euro increase in revenue from 1996 to 2019. United States was the biggest market for personal luxury goods in 2019 with an estimated market value of around 75 billion U.S. dollars.
What are the top luxury brands in the world?
In 2020, Luis Vuitton was the most valuable luxury brand around the world. The French fashion label recorded a brand value of almost US$51.8 billion in that year, followed by Chanel with a brand value of around 37 billion U.S. dollars. Louis Vuitton is a fashion division of luxury conglomerate LVMH which itself is the top selling luxury company worldwide. The company operates in global markets like Asia, Europe and Japan but United States brought in the highest share of revenue for LVMH in 2019.
Personal luxury goods market
The personal luxury goods market incorporates a wide range of products, including perfumes, fashion items, cosmetics, and jewellery. These products not only lie at the highest end of the market in terms of price, but they also offer premium quality to their buyers. The global personal luxury goods market has seen a 205 billion euro increase in revenue from 1996 to 2019. United States was the biggest market for personal luxury goods in 2019 with an estimated market value of around 75 billion U.S. dollars.
What are the top luxury brands in the world?
In 2020, Luis Vuitton was the most valuable luxury brand around the world. The French fashion label recorded a brand value of almost US$51.8 billion in that year, followed by Chanel with a brand value of around 37 billion U.S. dollars. Louis Vuitton is a fashion division of luxury conglomerate LVMH which itself is the top selling luxury company worldwide. The company operates in global markets like Asia, Europe and Japan but United States brought in the highest share of revenue for LVMH in 2019.
