Australia’s top-selling luxury brands, in 2018
Posted On July 17, 2021
Luxury bathroids are the biggest sellers in Australia, but luxury bags are growing fast too.
According to a new report by The Australian Financial Press, luxury products accounted for more than a quarter of luxury sales in 2018.
The report found that luxury brands sold an average of 4,965 luxury products a month in Australia last year, compared with just 1,534 a year ago.
Australia is Australia’s most popular luxury destination, according to the report, with luxury sales outpacing sales of luxury goods at home and overseas.
In 2018, luxury was the most popular product category for Australian luxury brands.
Australian luxury brands earned a record $8.1 billion from their luxury sales, the most ever in a single year.
Read more: What it’s like to be a luxury-loving Australian