Top Ten Valuable Luxury Brands 2011

Brand is among the major factors that decide the prosperity of any organization. A person spend 1000s of dollars purchasing one Lv purse partially because of its beautiful design, partially because of its material cost but mainly because of its brand. Besides, wealthy people frequently choose branded products to demonstrate their wealth and individual styles.

This season, Lv spots No. one in their email list of ten best luxury brands, worth $24.3 billion, adopted by Hermes, Gucci, Chanel, Cartier, Rolex, Hennessy, Moet & Chandon, Fendi and Burberry.

Lv

Brand value: $24.31 billion

One-year growth: 23%

Lv observed elevated sales this past year because of the new products which were put into its products

Hermes

Brand value: $11.92 billion

One-year growth: 41%

Based on Hermes Chief executive officer Robert Chavez, Herms elevated brand awareness that performed an important role in the company’s growth once the world economy switched lower. Since 2009, they opened up newer and more effective stores

Gucci

Brand value: $6.82 billion

One-year growth: 23%

Gucci is probably the latest brands to achieve the digital space using its own application, offering style, music, and exclusive shopping possibilities

Chanel

Brand value: $6.82 billion

One-year growth: 23%

Chanel now focuses on generating products open to its Internet customers in addition to expanding its current e-commerce space

Cartier

Brand value: $5.33 billion

One-year growth: 34%

Cartier makes an enormous expansion in to the Asian sell to meet demands of numerous The chinese who expect to demonstrate their wealth

Rolex

Brand value: $5.27 billion

One-year growth: 11%

Rolex, probably the most famous watch brands, elevated its brand value by sponsoring Daytona races and golf’s Asian Tour

Hennessy

Brand value: $5 billion

One-year growth: -7%

The posh cognac company Hennessy developed its market in India however it needed to contend with some strong the likes of Courvoisier, Martell and Rmy Martin

Moet & Chandon

Brand value: $4.57 billion

One-year growth: 7%

Moet & Chandon continues to be one of the largest champagne houses on the planet

Fendi

Brand value: $3.42 billion

One-year growth: 7%

Fendi brought by Karl Lagerfeld observed a subtle growth when the organization folded out an inexpensive type of men and women’s clothing

Burberry

Brand value: $3.38 billion

One-year growth: 86%

Burberry, 155-year-old British heritage brand, has utilized other ways to boost its brand value for example inviting people to watch its London live fashion show in a Burberry store

Related links:

Top Valuable Global Brands this year

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Top Sports Footwear Brand Worldwide