Top 10 luxury goods companies in the world

Average sales among the world's top 100 luxury goods companies reached $2.2 billion in 2015, according to a Deloitte Global report.

The company released its Global Powers of Luxury Goods report last month. It reveals LVMH, which accounts for more than 10 percent of total luxury goods sales among the top 100 companies, recorded a very strong performance: it was No 1 in luxury goods sales revenue, and also No 1 among the top 10 companies for luxury goods sales growth rate and net profit margin.

Chow Tai Fook – sometimes called "Asia's Tiffany & Co" – dropped three places to No 7 in the rankings, after a 17 percent decline in sales.

Let's take a look at the world's top 10 luxury goods companies.

No 10 PVH Corp

Selection of luxury brands: Calvin Klein, Tommy Hilfiger

Country of origin: United States

FY14 Luxury goods sales: $6.44 billion

Customers walk past an advertisement for Calvin Klein Jeans (CK Jeans) boutique at a shopping mall in Nantong city, East China's Jiangsu province, 3 February 2013.[Photo/IC]