Most Valuable Brand is Louis Vuitton

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Thu, 28 Sep 2017 - 12:28 GMT

BY

Thu, 28 Sep 2017 - 12:28 GMT

Louis Vuitton Logo- Wikimedia Commons

Louis Vuitton Logo- Wikimedia Commons

CAIRO - 28 September 2017: Luxury brands such as Louis Vuitton, Hermes, and Gucci are on the top of the Interbrand’s Best Global Brands 2017 ranking. Louis Vuitton maintained the same position as last year, and it was the highest ranked luxury brand on the list.

Louis Vuitton is placed the 19th on the list; Hermes is placed as the 32nd, while Gucci is 51st.

Some brands slipped down several places such as Burberry, Prada, and Ralph Lauren.Burberry is placed the 86th, Prada 94th, while Ralph Lauren fell down to the 98th.

The Interbrand’s Best Global Brands 2017 ranking measures financial performance and brands’ ability to influence customers’ choice. The Interbrand’s was found in1974 by John Murphy. Its headquarters is in New York. Omnicom Group took over Interbrand in 1993.

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