


In addition to exploring the trends impacting the luxury goods market, the report identifies the 100 largest luxury goods companies based on publicly available data for FY2021 (which we define as financial years ending within the 12 months from 1 January to 31 December 2021) and evaluates their performance across geographies and product sectors. Note that companies reporting at the end of 2021 experienced the benefit of this recovery throughout their financial year, while the results of companies with 2021 financial year end dates early in the year still reflected much of the impact of the pandemic. The FY2021 composite net profit margin for the 78 Top 100 companies reporting net profits more than doubled to 12.2% year-on-year, higher than pre-pandemic levels. Seventy-three of the Top 100 companies reported growth in luxury goods sales in FY2021, compared to only 20 companies in FY2020. The composite performance of the Top 100 companies in FY2021 reflects a rebound (an increase of 21.5% year-on-year) as the impact of the COVID-19 pandemic lessened, with store re-openings and recovery in consumer demand. The 45 companies with sales of US$1 billion or less contributed only 6.7%. The importance of the leading luxury goods companies is clear: the 15 companies with luxury goods sales of more than US$5 billion contributed more than two-thirds of the total Top 100 luxury goods sales. The world’s Top 100 luxury goods companies generated revenues of US$305 billion in FY2021, rebounding from US$252 billion in the previous year, and exceeding the US$281 billion in FY2019 (before the impact of the COVID-19 pandemic). Leading luxury companies drive revenue growth They are using technology to develop environmentally-friendly new materials and find new ways to be more sustainable-in design, production, distribution, and communication. Increasingly more companies are including sustainability principles in their core strategies, making it a new paradigm of conceiving luxury by following ESG (Environmental, Social, and Governance) criteria. Telecommunications, Media & EntertainmentĪlthough the fashion and luxury industry has long been criticized for the environmental impact of its production processes and consumption practices, luxury goods companies continue to embrace the circular economy and sustainable luxury is here to stay.Ī further step in this direction is the adoption of a circular economy model that would ensure benefits such as reducing pressure on the environment, improving the security of the supply of raw materials, increasing competitiveness, stimulating innovation, boosting economic growth, and creating new jobs. WG Prepaid (World of Tanks Roll Out card a.k.a.Infrastructure, Transport & Regional Government.The username and email address of the account that you intended the purchase for and would like us to transfer the virtual assets to.The username and email address of the account that the purchase is on.Proof of purchase: a screenshot from the payment receipt or purchase ticket.Order Number as seen on the purchase confirmation email.Payment method: Paysafecard, Phone, Terminal, etc.Contact our Player Support team for help. In these cases, we are open to exploring the transfer of an in-game item, or its equivalent in value, from one account to another. Transfers are an exception that applies to non-refundable payment methods where our team is unable to process a refund.
