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Louis Vuitton the king of global Luxury brands

The first brand of Louis Vuitton  

Transnational market research firm Millward Brown released a list of top 100 global brands, the U.S. financial magazine "Forbes" yesterday, according to the survey data, listing the world's 10 most powerful luxury brands, the French brand Louis Vuitton (LV) ranking top, brand value of 19.4 billion U.S. dollars (about 132.4 billion yuan).
Tsunami in the luxury goods firm .Luxury brand last year's top three this year, is still intact, Louis Vuitton (LV) while the value of the brand fell by more than 6.34 billion U.S. dollars last year (about 43.3 billion yuan), but still have put it firmly in first place, section 2 and 3 spaces are Hermes (Hermès (cosmetics, handbags)) and Gucci (GUCCI (cosmetics, handbags)).

Millward Brown, senior vice president of Garekhan said: "in the global financial crisis, the sales of sunglasses, belts, handbags and other luxury brand rather than small blow."

The Second brand of Hermès (Hermès (cosmetics, handbags))
Comments pointed out that compared to the middle class target market brands, luxury brands compared to the exposure to financial turmoil, there will always be a brand-name goods market, many customers still want to buy, but do not want to buy too much, they would rather buy a 1500 U.S. dollars (about 10000 yuan) luxury handbags, but not the purchase of 5 300 U.S. dollars (about 2,000 yuan) handbag.
Luxury the United States Institute of Milton that the person in charge, LV and Hermes sales have shown signs of a rebound. In addition to brand positioning outside, LV, and Hermes is the careful consideration of its commercial success, "the management of the two companies in the company's business model discount from retail to every aspect of strict control."
Indeed, the current high-end brands have a lot of price promotions, in the United States, a number of commercial Street, PRADA (cosmetics, handbags) (Prada) and other luxury brands are making the highest 70 percent price discount signs, and the LV high-level department store inside, the price of goods is still "strong" and keeping the normal price of sale, customers can shop to find the discount sale of goods.

The third of Gucci (Gucci (cosmetics, handbags))
Cartier had the largest decrease
this year one out of ten10, the largest decline of the luxury brand is Cartier, the first four from last year fell to No.7 this year because of diamond watches and other luxury goods unsalable there, but a number of luxury handbags and shoes of the sales market is still very good.Ranked No.8last year,the Armani brand value plummeted this year, 2.02 billion U.S. dollars (about 13.8 billion yuan), or nearly 40%, or 10 out of the list of luxury brands, commented that, due to a number of brands the company markets too small to expand.

bohn

www.b2ubags.com specialized in replica famous brands handbags.

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