Which is The Most Expensive Luxury Brand in The World?

• Answer by Gomati Ganesh
• 8th Nov, 2020

The most expensive brand in the world is Louis Vuitton. Wins the race for the most expensive luxury brand in the world. Founded in 1854, by maestro Louis Vuitton himself. Louis Vuitton still manages to be at the top of it’s game for centuries not just a few decades, or years but centuries. Makes one wonder but why is it so ridiculously expensive? Well for starters, it has one of the highest manufacturing costs. It is also another policy of Louis Vuitton that the cost of one handbag must and always needs to be equal to an employee’s salary, their craftsmanship and talent’s necessary to be acknowledged everyday. But what makes the bags so desirable or special and is it worth it to spend so much cash just to purchase a handmade? Louis Vuitton bags are always waterproof and fireproof. PVC is used to fireproof the bags and canvas is used to waterproof it. Finally, addressing the last question, “is it worth it”, the answer is always a YES, yes it is worth it. You get the best value for the price you pay, it's extremely durable. Quality over quantity, the quality is purely out of the world. You can use it for anything and still you can be rest assured about the no damage done. In conclusion, Louis Vuitton is worth every penny.

• Answer by Zoey Brown
• 21st Nov, 2020

There is a reason why a brand is called a brand. It has made its name by improving itself over the years. It has people’s trust and name in the market. It’s given that European capitals take the lead when there is discussion about luxury fashion brands around the world. So yeah…! European it is..! we can’t just help but applaud them for the efforts they made to reach here. We can go for the healthy competition and try to be better. Perhaps the competition from America is strategic always, they keep their rival continent up their sleeves in championing major fashion feats across Rome, Paris, and Spain. Just like in the year 2018 where many fashion brands try to uplift their heads in the market and the various grand fashion weeks held in various climes across the whole world testified to all of that, 2019 was no better. Here also with its own share of the list of luxury brands who topped the industry, fashion charts and dominated their peers in net worth, relevance and impact. I think the most expensive luxury brand in the world is Louis Vuitton.

• Answer by Angelina Walker
• 21st Nov, 2020

Louis Vuitton is the most expensive and valuable luxury brand in he world with a $32.233 billion brand valuation with 14% growth rate.