The Top 100 Luxury Company List: Italy Leads with 26 Companies!

From ItalyEurope24
by Lorenzo Zanini

Italy is the country with the highest number of companies in the Deloitte “Global Power of Luxury Goods” 2017 report, the consultancy said.

Italian companies account for around 16% of total revenues of $212 billion generated by the top 100 luxury groups in the world. Revenues made by Italian companies increased 9.3% from the year before, above the top 100 average growth of 6.8%. However, the average size of the Italian luxury goods makers is smaller than their French, US and Swiss rivals.

According to the report, Luxottica is the fourth-largest luxury goods group by revenue, with $9.8 billion, and the only Italian firm in the top 10.

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