Louis Vuitton Is the World’s Most Valuable Luxury Brand in 2019
Louis Vuitton has been named the most valuable luxury brand in 2019.
According to BrandZ, the French fashion house’s brand value grew 15 percent over the last year and is now worth a staggering $47.2 billion USD. The report goes on to state LV’s continued success is in large part due to its luxe leather goods and product creativity, something that Virgil Abloh has played a helping hand in. Following in second place with $37 billion USD is Chanel, while Hermès rounds out the top three at $31 billion USD.
Check out BrandZ’s top 10 most valuable luxury brands of 2019 below:
1. Louis Vuitton ($47.2 billion USD brand value)
2. Chanel ($37 billion USD)
3. Hermès ($31 billion USD)
4. Gucci ($25.3 billion USD)
5. Rolex ($8.4 billion USD)
6. Cartier ($6 billion USD)
7. Burberry ($4.7 billion USD)
8. Dior ($4.7 billion USD)
9. Saint Laurent/Yves Saint Laurent ($3.6 billion USD)
10. Prada ($3.5 billion USD)
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