Louis Vuitton remains the king of all luxury brands. This week the annual list of World’s Most Powerful Luxury Brands was released showing which fashion brands top the high end market. This economy saw many luxury brands suffer, while more affordable priced fashion lines soared in stores. Some luxury brands still managed to make a profit though. Louis Vuitton topped the list again this year.
While the luxury category as a whole was down 3% in sales, Louis Vuitton managed to make a profit of 2% this past year. They say the reason Louis Vuitton saw a rise in sales was because they focused on their heritage as a travel brand, appealing to the jet setting luxury buyers.
Rounding out the top three were Hermes and Gucci. These were the only other two fashion brands on the list that saw an increase in sales last year. These two fashion companies were actually expanding by creating new partnerships and campaigns, while many other companies were slowing down. This goes to show that taking some risks in the fashion world can sometimes pay off.
The top 10 luxury brands are:
1. Louis Vuitton
2. Hermes
3. Gucci
4. Chanel
5. Hennessy
6. Rolex
7. Moet & Chandon
8. Cartier
9. Fendi
10. Tiffany & Co.





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