Louis Vuitton and Gucci are the only 2 luxury companies to consistently rank among the world’s most valuable brands for the last 20 years. Here’s how they grew to dominate the high-end retail sector.
|01/24/2020||Posted by BusinessMediaguide.Com under General World News||
- Gucci and Louis Vuitton are the only two luxury brands to have been ranked among the top global brands every year since 2000, according to a 2019 report by marketing and consulting firm Interbrand.
- But despite meeting at the top of the market sector, Gucci and Louis Vuitton had extremely different paths to the luxury summit.
- After years of stagnating sales, Gucci ended up as 2019’s fastest growing luxury company with a brand valuation of $15.9 billion, according to Interbrand.
- Meanwhile, Interbrand ranks Louis Vuitton as the world’s most valuable luxury brand. The company read more >>>