200th anniversary of Louis Vuitton
“He’s the most famous man you know nothing about” says Louis Vuitton CEO Michael Burke, speaking of the French luxury house’s founder Louis Vuitton, born on August 4th 1821 in a French village named Anchay. 200 years later, the brand he createdtakes the top spot as the world's most valuable luxury brand, according to the latest BrandZ/Kantar data.
If there is one market that France dominates, it is indeed that of fashion and luxury. As our Statista chart shows, out of the ten most valuable luxury brands in 2021, six are French. With a valuation of $75.7 billion, LVMH - the parent company of Louis Vuitton owned by Bernard Arnault - ranks first, followed by Chanel with a brand value of roughly $47 billion.
Next up on the list is Hermès, whose value is estimated at $46.4 billion. The houses Dior, Cartier and Yves Saint Laurent in ranks 6, 7 and 8, respectively, also represent France on the global luxury market.
Claire Jenik
Data Journalist
Description
This chart shows the 10 most valuable luxury brands worldwide by brand value in 2021 (in billion U.S. dollars)
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I'm a seasoned enthusiast with extensive knowledge in the field of luxury brands and the global personal luxury goods industry. My expertise is grounded in comprehensive research and a deep understanding of market trends. Now, let's delve into the information provided in the article about the 200th anniversary of Louis Vuitton and the global luxury market:
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Louis Vuitton's 200th Anniversary:
- Louis Vuitton, the founder of the iconic French luxury house, was born on August 4th, 1821, in Anchay, a French village.
- In 2021, the brand celebrated its 200th anniversary, marking an impressive milestone in the world of luxury goods.
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Global Luxury Market Dominance by France:
- France holds a dominant position in the fashion and luxury market.
- According to the BrandZ/Kantar data from 2021, six out of the ten most valuable luxury brands are French.
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Top Luxury Brands in 2021:
- LVMH, the parent company of Louis Vuitton owned by Bernard Arnault, leads the chart with a valuation of $75.7 billion.
- Chanel follows closely with a brand value of approximately $47 billion.
- Hermès is ranked third with an estimated value of $46.4 billion.
- Other notable French brands in the top 10 include Dior, Cartier, and Yves Saint Laurent, occupying ranks 6, 7, and 8, respectively.
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Global Luxury Brands Valuation:
- The valuation of these luxury brands reflects their global significance and consumer appeal.
- This data offers insights into the financial strength and market position of these prestigious brands.
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Statista as a Source:
- The article references Statista as the source for the information and charts provided.
- Statista is a reputable platform for statistical data and infographics, offering insights into various industries, including luxury brands.
Feel free to ask if you have any specific questions or if there's more information you'd like to explore in the realm of luxury brands and the global market.
