Global Handbag Rankings 2026
Snapshot 2026-09-14. Leather/bag lines: LVMH F&L €37.770B first; Hermès leather €7.070B; Gucci €5.992B; Coach $6.915B.

Snapshot 2026-09-14. The main table uses disclosed fashion-leather divisions or bag-led brand sales, converted with the ECB euro reference rates of 11 September 2026. LVMH Fashion & Leather Goods leads at €37.770 billion, about $43.8 billion. Louis Vuitton and Dior are not split out. Travel luggage sits in the luggage rankings.
Leather divisions and bag-led brands
LVMH Fashion & Leather Goods adds Louis Vuitton, Dior, Celine, Fendi, Loewe, Rimowa and the rest of that group. Hermès Leather Goods and Saddlery covers bags, travel pieces, small leather goods and saddlery. Gucci, Yves Saint Laurent and Bottega Veneta are full-house sales, including ready-to-wear. Coach says leather goods and handbags led growth; there is still no handbag-only line. Bands follow USD billions: 20+ in S, 6–20 in A, 2.5–6 in B, 1.5–2.5 in C, the rest in D. Hermès named new models such as So Médor, Seau Mousqueton and Haut à Courroies à relier; unit counts were not published.
| # | Name | HQ | Period | Reported | ~USD bn |
|---|---|---|---|---|---|
| 1 | LVMH Fashion & Leather Goods | France | CY 2025 | €37.770B | 43.8 |
| 2 | Hermès Leather Goods and Saddlery | France | CY 2025 | €7.070B | 8.2 |
| 3 | Gucci | Italy | CY 2025 · full house | €5.992B | 6.9 |
| 4 | Coach | United States | FY26 to 27 Jun 2026 | $6.915B | 6.9 |
| 5 | Yves Saint Laurent | France | CY 2025 · full house | €2.643B | 3.1 |
| 6 | Michael Kors | United States | FY26 to 28 Mar 2026 | $2.874B | 2.9 |
| 7 | Bottega Veneta | Italy | CY 2025 · full house | €1.706B | 2.0 |
| 8 | Kate Spade | United States | FY26 to 27 Jun 2026 | $1.075B | 1.1 |
How this list is ranked
Snapshot 2026-09-14. The main table uses disclosed fashion-leather divisions or bag-led brand sales, then converts with the ECB euro reference rates of 11 September 2026: EUR 1 = USD 1.1592. Bands by USD billions: 20+ S, 6–20 A, 2.5–6 B, 1.5–2.5 C, the rest D. Travel luggage sits in the luggage rankings. Group totals: luxury groups. Brand value: luxury brands. Jewelry: jewelry brands. Names: docs/glossaries/handbags-2026-glossary.md.
| Source | Snapshot | Basis | Weight |
|---|---|---|---|
| LVMH 2025 full-year release | CY 2025 | Fashion & Leather Goods €37,770m; −8% reported, −5% organic | Primary |
| Hermès 2025 full year | CY 2025 | Leather Goods and Saddlery €7,070m; +9.5% / +13.1% CER | Primary |
| Kering 2025 release / PDF | CY 2025 | Gucci €5,992m; YSL €2,643m; Bottega Veneta €1,706m | Primary |
| Tapestry FY26 | Year to 27 Jun 2026 | Coach $6,914.7m; Kate Spade $1,074.9m | Primary |
| Capri FY26 | Year to 28 Mar 2026 | Michael Kors $2,874m | Primary |
| ECB euro reference rates | 11 Sep 2026 | USD ranking only | FX |
Houses without a split line
These names sit inside LVMH Fashion & Leather Goods. The annual report does not give them their own sales row.
| Maison | Sits in |
|---|---|
| Louis Vuitton | LVMH Fashion & Leather Goods |
| Dior | LVMH Fashion & Leather Goods |
| Celine | LVMH Fashion & Leather Goods |
| Fendi | LVMH Fashion & Leather Goods |
| Loewe | LVMH Fashion & Leather Goods |
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Global Handbags Tier List 2026
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