In this article, we take a look at the 5 biggest jewelry companies in the world. If you want to check out our detailed analysis of the global jewelry industry, head to 15 Biggest Jewelry Companies in the World.
5. Compagnie Financière Richemont SA (OTCMKTS:CFRUY)
Annual Revenue 2021: $13 billion
Compagnie Financière Richemont SA (OTCMKTS:CFRUY), colloquially known as Richemont, is a luxury-products holding company from Switzerland. It is headquartered in Bellevue, and is the fifth largest when it comes to biggest jewelry companies in the world. Compagnie Financière Richemont SA (OTCMKTS:CFRUY) has many famous jewelry and luxury fashion brands under its umbrella.
These include jewelry & watchmakers such as Cartier, A Lange & Sohne, Piaget, Vacheron Constantin, Jaeger-Lecoultre, Van Cleef & Arpels and Montblanc, among many others.
Compagnie Financière Richemont SA (OTCMKTS:CFRUY) had an annual revenue of $13 billion in 2021. The company sells at scale, with over 2,000 monobrand stores across the world, employing nearly 35,000 people.
4. Chanel
Annual Revenue 2021: $16 billion
Chanel is a French luxury fashion company that specializes in women’s fashion. It designs and sells high jewelry, fine jewelry and watches, ready-to-wear clothes and perfumes and colognes among other products. Its high jewelry collections include prominent products like The Allure Celeste, 1932, Chasing The Dream, The Sun, The Moon and The Star.
Chanel had an annual revenue of $16 billion in 2021. The company operates over 500 stores across the world, run by 28,500 employees as of 2021.
3. Kering SA (OTCMKTS:PPRUY)
Annual Revenue 2021: $20 billion
Kering SA (OTCMKTS:PPRUY) is another French company on the list of biggest Jewelry companies in the world. It is a luxury conglomerate that owns several fashion and jewelry brands.
Its exclusive jewelry brands include Boucheron, DoDo, Pomellato and Qeelin. Its prominent other brands include Gucci and Balenciaga. The company generated $20 billion in revenue in 2021, a 20% Year-on-Year gain. Kering operates 1,565 stores as of 2021, with a little over half of them in Western Europe, Japan and North America. The company employs roughly 40,000 people worldwide.
2. Rajesh Exports
Annual Revenue 2022: $30 billion
Rajesh Exports is the biggest Indian gold retailer with an annual revenue of $30 billion as of fiscal year 2022. It was on the 437th position on the Fortune Global 500 in 2020. Rajesh Exports runs jewelry business across many layers; refining, designing, manufacturing and retail. It sells diamond and gold jewelry through its brand, SHUBH. The company has over 500 employees as of 2021.
1. LVMH Moët Hennessy – Louis Vuitton, Société Européenne (PARIS:MC.PA)
Annual Revenue 2021: $73 billion
LVMH (Moët Hennessy Louis Vuitton) is the biggest jewelry company in the world. LVMH had a revenue of $73 billion as of 2021. It is headquartered in Paris, France and operates over 5,500 retail outlets worldwide through its more than 150,000 employees.
LVMH owns several jewelry & watch brands. These include Bulgari, Chaumet, Hublot, Tag Heuer, Repossi, Zenith and Tiffany & Co.
You can also take a peek at 5 Biggest Watch Companies in the World and Top 10 Best Cosmetic Companies in the World.
