Tag : Gucci

World’s Most Valuable Luxury Brands

Louis Vuitton comes in at number one as the most valuable luxury brand in the according to a recent report from Millward Brown Optimor’s 2012 BrandZ. Worth a wopping $25.9 billion,  a 7 percent increase from 2011, this is the seventh year in a row that LV has held on to it’s title.

“Luxury is seen as a good investment with people increasingly buying classic pieces rather than high fashion,” Millward Brown Optimor Managing Director Nick Cooper said in a statement. “Those who can afford it indulge, including young professionals who, increasingly unable to buy houses, are spending their disposable income on mid-tier luxury.” 

Check out the top ten most valuable luxury brands below.

1. Louis Vuitton, $25.9 billion, up 7%

2. Hermes, $19.1 billion, up 61%

3. Rolex, $7.17 billion, up 36%

4. Chanel, $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.com