Market Insights report
The segment Luxury Fashion accounted for 31% of the Luxury Goods revenue in 2023. The worldwide revenue of US$142,1 billion in 2023 is expected to increase to US$169,8 billion by 2029. This report from the series of segment reports gives an overview of the Luxury Fashion market from an international perspective.
What's included?
The Luxury Fashion segment includes Luxury Apparel and Footwear. The overall definition of this segment follows the Consumer Market Insights 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).
Overview
Market Numbers
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