Market Share of North America Luxury Goods Industry
The North American luxury goods market is highly competitive, with many domestic and multinational players competing for market share. Emphasis is given to the companies' mergers, expansion, acquisitions, partnerships, and new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the regional market include Giorgio Armani SpA, Kering Group, Louis Vuitton North America, Inc., Rolex SA, Hermès, The Estée Lauder Companies, Patek Philippe SA, The Swatch Group, and Richemont, among others.
North America Luxury Goods Market Leaders
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Giorgio Armani S.p.A.
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Kering Group
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Rolex SA
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LVMH Moët Hennessy Louis Vuitton
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Hermès International S.A.
*Disclaimer: Major Players sorted in no particular order