Deloitte’s fifth annual Global Powers of Luxury Goods report names 5 Indian brands in the list of fastest growing Top 20 brand.
The report also states 5 brands in the top 100 list including Titan Company Ltd (#28), Kalyan Jewellers (#37), PC Jewellers(#43), Joyalukkas India(#49) (and) Tribhovandas Bhimji Zaveri (#89)Ltd.
The report examines and lists the 100 largest luxury goods companies globally, based on the consolidated sales of luxury goods in FY2016 (defined as financial years ending within the 12 months to 30 June 2017).
It also discusses the key trends shaping the luxury market and provides a global economic outlook.
Patrizia Arienti, EMEA Region Fashion & Luxury Leader, Deloitte Italy says, “The luxury market has bounced back from economic uncertainty and geopolitical crises in 2016, edging closer to annual sales of US $1 trillion at the end of 2017.”
