A few days ago, Deloitte released the latest ninth edition of the “Global Powers of Luxury Goods 2022”. The report presents the Top 100 largest luxury goods companies globally based on their consolidated luxury goods sales in FY2021, which we define as financial years ending within the 12 months from 1 January to 31 December 2021.
During FY2021, the Top 100 luxury goods companies generated composite sales of US$305 billion, showing a 21.5% increase over the previous year and is higher than pre-pandemic levels. Luxury goods sales growth for the Top 100 jumped by 21.5% year …