Editing Economy of France (section)

=== Fashion and luxury goods ===
{{Main|French fashion}}

According to 2017 data compiled by [[Deloitte]], [[Louis Vuitton Moet Hennessey]] (LVMH), a French brand, is the largest luxury company in the world by sales, selling more than twice the amount of its nearest competitor.<ref name="mode">[https://www2.deloitte.com/content/dam/Deloitte/ar/Documents/Consumer_and_Industrial_Products/Global-Powers-of-Luxury-Goods-abril-2019.pdf Global Powers of Luxury Goods 2019: Bridging the gap between the old and the new] {{Webarchive|url=https://web.archive.org/web/20200926170737/https://www2.deloitte.com/content/dam/Deloitte/ar/Documents/Consumer_and_Industrial_Products/Global-Powers-of-Luxury-Goods-abril-2019.pdf |date=26 September 2020 }}, [[Deloitte]]</ref> Moreover, France also possesses 3 of the top 10 luxury goods companies by sales ([[LVMH]], [[Kering SA]], [[L'Oréal]]), more than any other country in the world.<ref name="mode"/>

Paris is considered one of the world's foremost [[fashion capital]]s, or even "the world's fashion capital".<ref>[https://www.fashion-schools.org/articles/top-10-global-fashion-capitals Top 10 Global Fashion Capitals] {{Webarchive|url=https://web.archive.org/web/20201021072122/https://www.fashion-schools.org/articles/top-10-global-fashion-capitals |date=21 October 2020 }}, Fashion schools</ref> The French tradition for [[haute couture]] has been estimated to start as early as the era of [[Louis XIV]], the Sun King.<ref>[https://www.theatlantic.com/entertainment/archive/2015/09/the-king-of-couture/402952/ The King of Couture: How Louis XIV invented fashion as we know it] {{Webarchive|url=https://web.archive.org/web/20200924234924/https://www.theatlantic.com/entertainment/archive/2015/09/the-king-of-couture/402952/ |date=24 September 2020 }}, [[The Atlantic]]</ref>