Top 10 Most Valuable Luxury Brands in the World
Louis Vuitton is the world’s most valuable luxury brand for the seventh consecutive year according to Millward Brown Optimor’s 2012 BrandZ study.
Louis Vuitton, the French maker of laminated canvas handbags, was named the world’s most valuable luxury brand for a seventh consecutive year.
The brand, owned by LVMH, is worth $25.9 billion, a 7 percent increase from 2011, according to Millward Brown Optimor’s 2012 BrandZ study.
Hermes, in which LVMH owns a stake, rose to second place with a value of $19.1 billion, up 61 percent on last year. Rolex, the closely-held Swiss watch brand, was ranked third at $7.17 billion, a 36 percent gain.
Here are the top 10 names in luxury:
1 Louis Vuitton, valued at $25.9 billion, up 7%.
2 Hermes, valued at $19.1 billion, up 61%.
3 Rolex, valued at $7.2 billion, up 36%.
4 Chanel, valued at $6.7 billion.
5 Gucci, $6.4 billion (down 14%).
6 Prada, $5.7 billion (first time in top 10).
7 Cartier, $4.8 billion.
8 Hennessy, $4.6 billion.
9 Moet & Chandon, $4.2 billion.
10 Burberry $4.09 billion.
Source: bloomberg
