From Pharaohs to SuperLuxury

Five thousand years of the rare and the beautiful, 177 houses that shaped it, and what the world's luxury institutions say about the market today.

Origins and Houses

How luxury began, how the great houses were founded, and which of them still trade today.

Luxury and SuperLuxury

The word comes from the Latin luxus, excess. Within luxury there is a clear hierarchy, and the top of it behaves differently from the rest.

Luxury

Who buys
Affluent and aspirational consumers
Access
Boutiques, department stores, online
Product
Recognisable, brand-led, made in volume
Value
A premium to the category; usually depreciates
Examples
Louis Vuitton, Gucci, Rolex, Cartier, Burberry

SuperLuxury

Who buys
Ultra-high-net-worth clients, collectors, connoisseurs
Access
Private salons, waiting lists, invitation-only allocation, bespoke
Product
Hand-made, numbered, made to measure or one of a kind
Value
Price set by scarcity; often holds or appreciates
Examples
Hermès, Patek Philippe, Rolls-Royce, Graff, Loro Piana, Aman

Where luxury began

Scarce materials, master craft, a story of power or the divine, and long-distance trade. Every luxury house still uses the four ingredients the ancient world established.

  1. The Royal Tombs of Ur

    Gold headdresses, lapis lazuli from Afghanistan and carnelian worked by Indus Valley craftsmen — luxury defined by materials that had to travel.

  2. Tutankhamun

    Gold, the flesh of the gods: Egyptian funerary treasure ties luxury to power and immortality.

  3. Rome legislates against luxury

    The Lex Oppia limits how much gold a woman may wear; Tyrian purple is reserved for senators and emperors. Pliny complains of the gold Rome loses to India and China.

  4. The Silk Road

    Chinese silk, jade and lacquer travel west as currency and status; glass, horses and precious metals travel east.

  5. Golconda, Hyderabad

    India is the world's only source of diamonds. The Golconda mines near today's Hyderabad yield the Koh-i-Noor, the Hope and the Daria-i-Noor — "Golconda" is still the term for the purest diamonds.

  6. Murano

    Venice moves its glassmakers to Murano and forbids them to leave. Craft becomes a state secret.

  7. Colbert and Versailles

    Louis XIV's minister makes French luxury national policy through royal manufactories. France's luxury association still bears his name.

  8. The maisons

    Hermès, Cartier and Louis Vuitton serve railway-age travellers; Charles Frederick Worth invents haute couture and puts the designer's label in the garment.

  9. Motorcars and modern fashion

    Rolls-Royce, Bugatti, Chanel, Gucci, Dior's New Look and the first Ferrari road car.

  10. The groups

    LVMH, Richemont and Kering bring capital, global retail and marketing scale to family houses.

Timeline of luxury houses

LuxurySuperLuxury

Each point is a house, placed by the year it was founded. Hover or tap a point to see it; on a phone, swipe the timeline to go back in time.

177 houses, from Hōshi Ryokan in 718 to Phoebe Philo in 2023. The cluster after 1800 shows how the railway age, and later the twentieth century, created most of today's great names.

Register of luxury houses

177 houses grouped by century from 1500, as one 1900–1949 period, and by decade from 1950, with a short prelude of houses older than 1500. Country of origin is where the house was founded. The Luxury and SuperLuxury tiers are an editorial classification by Super Luxury Research.

HouseFoundedCountry of originCategoryTierExists today

Founding dates follow each house's own published heritage; some early dates rest on company records rather than independent documentation.

Luxury Today

The size of the market now, what the consultancies and trade associations report, and what sets SuperLuxury apart.

The market at a glance

Luxury is one of humanity's oldest economic ideas. What changes is who supplies it — temple workshops, royal manufactories, family maisons, global groups and now an ultra-exclusive tier we call SuperLuxury.

€1.44TGlobal luxury spending in 2025, goods and experiences
€358BPersonal luxury goods in 2025; 2–4% growth expected in 2026
€986BTurnover of Europe's high-end industries, about 5% of European GDP
340MLuxury consumers in 2025, down from about 400 million in 2022

Sources: Bain & Company and Altagamma (November 2025, June 2026); ECCIA and Bain (July 2025).

What the institutions say

Consultancies and national trade associations measure luxury in different ways — consumer spending, producer turnover, exports and jobs — so their figures complement each other rather than add up.

Personal luxury goods, 1996–2025 (€ billions)

Bain & Company / Altagamma. 2024 restated to €364B.

Total luxury spending (€ billions)

Bain & Company / Altagamma. 2026F at the midpoint of €1,440–1,470B.

InstitutionLatest headline figuresPublished
United StatesStableThe largest single market; the Americas stabilised in 2025 and accelerated in 2026.
Mainland China–3% to –5%2025 decline narrowed from –17% to –19%; 65% of Chinese luxury spending now happens at home.
Middle East+4% to +6%The strongest region in 2025, led by Dubai, Abu Dhabi and Saudi Arabia.
IndiaUS$12.1BUp 10% in 2025 (Euromonitor), among the fastest-growing luxury markets.
Japan€33BPersonal luxury in 2024, up 12% on tourism, normalising in 2025.
SwitzerlandCHF 25.6BWatch exports in 2025, down 1.7%; the US is the largest destination.

SuperLuxury today

The market has split. Aspirational luxury is squeezed by price rises and a shrinking customer base, while the very top proves resilient. Seven traits set it apart.

Experiences over objects

Hospitality, yachts, private aviation and fine dining lead growth; experiences are expected to grow about 4% in 2026.

Scarcity by design

Allocation lists, numbered editions and bespoke commissions replace open retail.

Quiet luxury

Logo-free craft wins, and specialists outperform generalists.

Hard assets

Jewellery is the strongest category, helped by record gold prices; watches and jewels are held as stores of value.

Resale and provenance

About half of luxury shoppers check the secondhand market before buying new.

Wellness and legacy

"Health as wealth" — longevity, wellness and family continuity — is the newest frontier.

AI-assisted service

More than half of luxury consumers already use AI somewhere in the buying journey.

Talk to us

For the full whitepaper, the brand register or a private conversation about SuperLuxury.

Madhu Avalur

avalur@gyde.group
WhatsApp +91 994917882

Super Luxury

info@superluxury.com
www.superluxury.com

India, Monaco, Singapore, Switzerland, UAE and USA