A 2011 Brand Report from global research agency Millward Brown's has showed the value of the apparel industry increase by 10 per cent in 2011 and the luxury industry glide up by 19 per cent. Louis Vuitton is the most valuable luxury brand (well done bags!), for the sixth year in a row. With a 23 per cent increase from last year, Louis Vuitton is valued at $24,312 million.
Here are the other valuable Luxury brands that made it to the top 10:
- Louis Vuitton US$24,312 million
- Hermès US$11,917 million
- Gucci US$7,449 million
- Chanel US$6,823 million
- Cartier US$5,327 million
- Rolex US$5,269 million
- Hennessy US$4,997 million
- Moët & Chandon US$4,570 million
- Fendi US$3,442 million
- Burberry US$3,379 million
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