In a rapidly evolving global environment, luxury brands must remain agile, however. LVMH became the first European company to surpass $500 billion in market value, while the owner of LVMH, Bernard Arnault, became the world’s richest man. In April 2023, shares of LVMH (the parent company of 75 prestigious Houses, including Louis Vuitton, Dior, Tiffany & Co, and some of the best Champagne brands in the world) surged to a fresh record high, cementing the French luxury group’s lead as Europe’s most valuable company. We know what you’re thinking: In this economy?ģ3% of global luxury sales will take place online by 2030.Īmid global headwinds and the recent banking turmoil, sales for luxury brands demonstrate (once again) the resilience of the luxury industry. They are at the center of what matters to modern affluent consumers. They each drive substantial online conversations across social media channels and search. Our ranking has, over the years, become an important and reliable indicator of future performances for the world’s best luxury brands.Įvery luxury brand on our list is enjoying significant customer attention. This is the sixth consecutive year that Luxe Digital publishes a list, ordered by popularity.

The online popularity of the best luxury brands in the world is a dependable predictor of future sales.īy now, you must be familiar with our annual ranking of the top luxury brands online.

Chanel runway 2021