Luxury Footwear Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Luxury Footwear Market Size Analysis and Top Companies

The global luxury footwear market size is estimated to hit around USD 71.32 billion by 2033 increasing from USD 36.12 billion in 2023, with a  solid CAGR of 7.04%. The top companies in the luxury footwear market are LVMH, Chanel Limited, Burberry Group PLC, Silvano Lattanzi, Prada S.p.A, A.Testoni, Dr. Martens, Base London, John Lobb Bootmaker, Salvatore Ferragamo, Lottusse - Mallorca, Adidas AG, and Others.

Market Report Coverage

Luxury Footwear Lead Manufacturers

• LVMH
• Chanel Limited
• Burberry Group PLC
• Silvano Lattanzi
• Prada S.p.A
• A.Testoni
• Dr. Martens
• Base London
• John Lobb Bootmaker
• Salvatore Ferragamo
• Lottusse - Mallorca
• Adidas AG

Latest Announcements by Industry Leaders

• In March 2023, Prada Group announced a major plan to recruit over 400 people by the end of the year to boost its production capacity and craftsmanship expertise in Italy. The investment plan is designed to develop the Group’s facilities.
• In October 2024, Formula 1 announced that luxury brands group LVMH will become a Global Partner in 2025 – when the sport will be celebrating its 75th anniversary. The new 10-year deal will have several of LVMH’s iconic Maisons, such as Louis Vuitton, Moët Hennessy, and TAG Heuer.

Recent Developments

• In January 2024, Gucci collaborated with Metaverse Platform Roblox to craft a virtual Gucci Garden experience. This experience allows users to purchase limited-edition virtual Gucci items for their avatars.
• In February 2024, Prada unveiled the NFT Collection with Adidas Originals. Prada partnered with Adidas Originals to release a limited-edition collection of physical and digital sneakers.

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