Louis Vuitton becomes the most valuable luxury brand in the world, fifth time in a row!

Brand names and logos are extremely essential especially if they make the world go round. It’s true of luxury brands; they are not just a name or a style statement but a way of life in itself. So it comes as no surprise that with a brand value of $19.8 billion, French fashion giants Louis Vuitton was ranked on top of the Millward Brown Optimor’s 2010 BrandZ ranking, now five years in at a stretch. Hermes with a value of $8.46 billion and Gucci valued at $7.58 billion rounds up the top three in the rankings. Tiffany & Co. came in at number 10 with a value of $2.38 billion. The most valuable brand in the world is held by Google Inc., valued at a massive $114.3 billion.
[BusinessWeek]

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