Saturday, January 25, 2020

Stats GateWealth And Lifestyle

The 10 Most Valuable Luxury Brands In The World For 2019

With a brand value of about $47.21 billion as of 2019, LVMH (Louis Vuitton Moet Hennessy) is the world’s most valuable luxury brands for 2019, that’s according to the CEOWORLD magazine report. The brand, not the company.

That means the value of the tangible and intangible assets associated with what makes Louis Vuitton — well — Louis Vuitton, is the highest of any luxury brand worldwide ever. Moët Hennessy Louis Vuitton, more commonly referred to as LVMH Group, is a French luxury goods conglomerate. The conglomerate operates globally, selling luxury leather goods, handbags, ready-to-wear fashion, and other fashion accessories.

Chanel was the second-ranked most valuable luxury brand worldwide with a brand value of about $37 billion, followed by Hermes ($30.97 billion), Gucci ($25.27 billion), and Rolex ($8.39 billion).

The global luxury goods industry includes drinks, fashion, cosmetics, fragrances, watches, jewelry, luggage, handbags, etc. To identify most valuable luxury brands in the world, CEOWORLD magazine reviewed numerous national and international media reports. Additional information about the luxury brands came from BrandZ. The following list showcases the most valuable luxury brands in the world for 2019.

There are some other great luxury brands on the list too. Cartier is on there. Burberry, Christian Dior, and Yves Saint Laurent are near the top. Even Prada rounds out the top ten.

The top 10 Most Valuable Luxury Brands In The World For 2019

  1. LVMH (Louis Vuitton Moet Hennessy): $47.21 billion
  2. Chanel: $37 billion
  3. Hermès: $30.97 billion
  4. Gucci: $25.27 billion
  5. Rolex: $8.39 billion
  6. Cartier: $5.99 billion
  7. Burberry: $4.70 billion
  8. Christian Dior: $4.66 billion
  9. Yves Saint Laurent: $3.57 billion
  10. Prada: $3.51 billion

These are the 10 Most Valuable Luxury Brands In The World For 2019

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Emma London
Emma London is a columnist and member of the ​CEOWORLD magazine editorial board. She's one of the magazine's founding editors and leads global newsroom coverage and management. Having lived in five different countries — the United States, Canada, Australia, Spain, and the United Kingdom - Emma is obsessed with how tech empowers people from all walks of life. She is fluent in Spanish.
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