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These are the biggest luxury companies in the world. In the world of global finance, the luxury market is a huge one. Although it caters to the few wealthy populations in the world, it pulls in a lot of money. According to Statista, “In 2024, the luxury goods market is projected to generate a revenue of US$368.90bn. This market is anticipated to grow at an annual rate of 3.22% (CAGR 2024-2028). The largest segment within this market is luxury fashion, which is expected to reach a market volume of US$115.90bn in 2024.” Quartz listed the the largest luxury companies in the world thus: 1. LVMHLVM…

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