From Louis Vuitton to Rolex, these are the world’s most valuable luxury brands of 2021.
According to the most recent Brand/Kantar data, the luxury category will grow by 34% in 2021, with the majority of companies coming from France and Italy. In this article, discover the top five luxury brands in terms of brand valuation in 2021.
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1º – Louis Vuitton
Image Credit: Louis Vuitton
Louis Vuitton is a French fashion house and luxury goods company founded in 1854 by Louis Vuitton. The label’s LV monogram appears on most of its products, ranging from luxury trunks and leather goods to ready-to-wear, shoes, watches, jewelry, accessories, sunglasses and books.
Brand value: $75.7 billion.
2º – Chanel
Image Credit: Chanel
Chanel is a French luxury fashion house that was founded by couturière Coco Chanel in 1910. It focuses on women’s high fashion and ready-to-wear clothes, luxury goods and accessories.
Brand value: $47 billion.
3º – Hermès
Image Credit: Hermès
Hermès is a French luxury goods manufacturer established in 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewellery, watches and ready-to-wear. Its logo, since the 1950s, is of a Duc carriage with horse. Nadège Vanhee-Cybulski is the current creative director.
Brand value: $46.4 billion.
4º – Gucci
Image Credit: Gucci
Gucci is an Italian luxury fashion house based in Florence, Italy. Its product lines include handbags, ready-to-wear, footwear, and accessories, makeup, fragrances, and home decoration. The brand was founded in 1921 by Guccio Gucci in Florence, Tuscany. Under the direction of Aldo Gucci (son of Guccio), Gucci became a worldwide-known brand, an icon of the Italian Dolce Vita.
Brand value: $33.8 billion.
5º – Rolex
Image Credit: Rolex
Rolex is a luxury watch manufacturer based in Geneva, Switzerland. Originally founded as Wilsdorf and Davis by Hans Wilsdorf and Alfred Davis in London, England in 1905, the company registered Rolex as the brand name of its watches in 1908, and became Rolex Watch Co. Ltd. in 1915. After World War I, the company moved its base of operations to Geneva due to the unfavorable economic situation in the post-war United Kingdom.
Brand value: $8.1 billion.