French Luxury by the Numbers: Comité Colbert’s Legacy & Market Insights


1664
Jean-Baptiste Colbert launched a state-backed manufacturing system to build France’s luxury and industrial base. The same year, Manufacture de Beauvais was founded to develop French tapestry production and reduce reliance on imports.
 
1837
The year Hermès was founded by Thierry Hermès as a maker of equestrian gear for Europe’s aristocracy.

1945
The year France formally codified the modern haute couture system, legally protecting the designation “haute couture.”
 
1954
The year Jean-Jacques Guerlain, heir of the perfume brand, founded Comité Colbert to bring together the country’s leading luxury houses to collectively promote French art de vivre.
 
96
The number of maisons that are currently members of the Comité Colbert, plus an additional 17 cultural institutions.
 
1984
The year Hermès introduced the Birkin bag, now one of the world’s most coveted luxury accessories.
 
11
Number of artisan maisons d’art housed inside Chanel’s le19M craftsmanship hub in Paris.
 
20 hours
Approximate time required to handcraft a single Hermès Birkin bag.
 
2.3 billion euros
Value of French handbag exports in the first quarter of 2025 alone, according to industry trade data reported by Leatherbiz.
 
4 billion euros
Price agreed for L’Oréal to acquire Kering Beauté in 2025.
 
4.5 billion euros
Estimated value of French luxury goods exported to the United States in 2024.
 
15.6 billion euros
2025 sales at L’Oréal Luxe, home to upscale brands including Lancôme, Yves Saint Laurent Beauté, and Prada Beauty.
 
20 percent
Share of France’s CAC 40 index represented by the combined market value of LVMH, Hermès, and Kering in 2023.
 
80.8 billion euros
Revenue posted by LVMH in 2025, maintaining its position as the world’s largest luxury group.
 
500 billion euros
Combined market capitalization recently reached by LVMH, Hermès, and Kering.
 
And finally …

Number One
The United States remains the single most important export market for French luxury houses.



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