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World's Most Valuable Luxury Brands: Louis Vuitton on Top But Market is Slipping

Last week the research group Millward Brown and the advertising conglomerate WPP released the 2015 Brandz Top 100 Report, ranking the most valuable companies in the world. While Apple is (unsurprisingly) topping the list, Louis Vuitton is leading in the luxury market with a total estimated value of $27.4 billion. Following behind in second place is Hermès at an estimated $18.9 billion and Gucci in third with 13.8 billion. Aside from a clear cut ranking of the most expensive brands, research done in the luxury sector (defined as brands that design, craft and market high-end clothing, leather goods, fragrances, accessories and watches) has a few surprises and market insights that are worth a closer look.

Marissa Stempien

Marissa Stempien is a freelance writer and editor with a focus on travel, fashion, lifestyle, and culture. Her work has been featured in a number of print and online publications including ABC News, Popsugar, Huffington Post, JustLuxe, Luxury Living and CityGirlGoneMom. Marissa is an avid traveler and is always looking to visit somewhere new or unexplored. Her unique lifestyle has given way to her...(Read More)

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