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Three of the top 10 companies in the luxury goods space globally are conglomerates participating in multiple categories with numerous brands. Another three are cosmetic and fragrance companies; two are watch companies; one is an accessory firm and another makes apparels.
These were the findings of a new Deloitte Touche Tohmatsu report, titled, ‘‘1st Annual Global Powers of Luxury Goods’’, which identifies the 75 largest luxury goods companies around the world based on the latest publicly available data.
LVMH, in the top spot, has more than 30 luxury brands spanning the portfolio of luxury goods categories covered in this report and more than 60 prestigious brands in its entire portfolio, including wines and spirits, retail and media. Switzerland and France are each headquarters to three to the top 10, the US has two and Italy and Japan one each.
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