longchamp.com revenue | ECDB.com (2024)

FAQs

What is the annual revenue of Longchamp? ›

As of May 2024, Longchamp's annual revenue reached $750M.

While its price points align with those of Coach and Kate Spade, the quality of its leathers and craftsmanship present a compelling argument in favor of its luxury status.

Longchamp is valued at $1.5 billion. The company's independence gives the Cassegrain family stability and allows them to think and plan long-term. Longchamp is one of the last remaining family-owned leather goods manufacturers in France.

Lastly, the brand also works closely with partner workshops in France, China, Romania, and Morocco. Regardless of the geographical location of the workshops, the “made by Longchamp” label guarantees consistent quality in the manufacturing of the brand's products, which all meet the same quality standards.

Longchamp is privately owned by the Cassegrain family and operates in 80 countries. In September 2018, to mark its 70th anniversary, the brand made its runway debut at New York Fashion Week.

Case in point: Designers like Altuzarra, Louis Vuitton, and Longchamp featured round purses on their spring/summer 2024 runways. Whether it's a petite style with a top handle or something more convenient that can be worn across the body, circle bags are on deck to hit a wardrobe home run.

Longchamp (or Longchamps) usually refers to the Longchamp Racecourse in Paris or the Longchamp Palace in Marseille.

Longchamp's product strategy revolves around offering a diverse range of luxury fashion items that embody French elegance, craftsmanship, and contemporary style. The brand's product mix includes: Handbags: Longchamp is primarily known for its luxury leather handbag range, particularly the iconic Le Pliage model.

LONGCHAMP, A FAMILY-OWNED MAISON, SINCE 1948

The work of the fine leather craftsman is guided by the pursuit of excellence and quality. Key to Longchamp is an appreciation of luxurious materials and a product that not only lasts but can also be repaired.

The body of the bag is made from Econyl canvas, which is certified recycled polyamide, commonly known as nylon. The recycled polyamide comes from various sources, including fishing nets, rugs, carpets and industrial waste.

Is Longchamp Le Pliage real leather? ›

Instantly recognisable thanks to its flap and handles crafted from Russian leather, its ears and press stud, Le Pliage is one of Longchamp's emblematic lines. Foldable, convenient and lightweight, its ingenuity appeals to all generations.

As of November 2023, Le Tote's annual revenue reached $75M.

In other words, the bag is Longchamp's bestselling bag for a reason – it's universally appealing and, thanks to its various iterations, can be carried for travel, work, and everything in between. Moreover, its price makes it more accessible than most luxury bags.

Longchamp, which manufactures about half its bags in France and the rest in countries including Tunisia and Romania, has forged a global presence. The €550m family-owned company operates in 26 countries through a mix of own-brand stores and an additional 1,500 sales points in department stores.

Since it launched in the nineties, Le Pliage has been one of Longchamp's best-selling bags. In 2017, Business of Fashion reported that the brand sold 11 per minute. A representative for Longchamp confirmed to Glamour that it has sold more than 30 million of Le Pliage totes to date.