You are here

Louis Vuitton, Chanel's value up despite slowing sales in market

Value of top 10 luxury goods brands down 6 per cent as China clamps down on corruption and Russia's currency depreciates

BT_20150528_SYRISE28AR2CD_1691137.jpg
Louis Vuitton has successfully revitalised its brand with a fresh take on its original LV monogram. It gained 6 per cent to US$27.4 billion, placing LVMH Moet Hennessy Louis Vuitton SE's biggest brand atop the luxury ranking for the 10th straight year.

BT_20150528_SYRISE28AR2CD_1691137.jpg
Louis Vuitton has successfully revitalised its brand with a fresh take on its original LV monogram. It gained 6 per cent to US$27.4 billion, placing LVMH Moet Hennessy Louis Vuitton SE's biggest brand atop the luxury ranking for the 10th straight year.

BT_20150528_SYRISE28AR2CD_1691137.jpg
Louis Vuitton has successfully revitalised its brand with a fresh take on its original LV monogram. It gained 6 per cent to US$27.4 billion, placing LVMH Moet Hennessy Louis Vuitton SE's biggest brand atop the luxury ranking for the 10th straight year.

Paris

LOUIS Vuitton and Chanel were the only big luxury brands to increase in value last year as the industry grappled with slowing sales in China and Russia, research company Millward Brown said on Wednesday in the 2015 BrandZ study.

Vuitton gained 6 per cent to US$27.4 billion,

sentifi.com

Market voices on:

Powered by GET.comGetCom