Market Share of Brazil Luxury Goods Industry
The Brazilian luxury goods market is fragmented, as many international companies and domestic luxury brands compete for market share. Notable companies include Hermes International SA, Prada SpA, LVMH Moet Hennessy Louis Vuitton, Chanel SA, and KERING SA. The key players aim to increase their customer base by investing in an extensive distribution network. In a move to increase revenue, major players are expanding their trade opportunities through strategic acquisitions and partnerships with e-commerce giants.
Brazil Luxury Goods Market Leaders
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Hermès International S.A.
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Grupo LVMH
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Kering Group
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Prada Holding S.P.A.
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Chanel limited
*Disclaimer: Major Players sorted in no particular order
