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The 10 Most Valuable Luxury Brands in the World

French luxury brand Louis Vuitton was named the world’s most valuable luxury brand for a seventh consecutive year. The brand which is owned by Paris-based LVMH Moet Hennessy Louis Vuitton SA (MC), is worth $25.9 billion, a 7 percent increase from 2011.

“Luxury is seen as a good investment with people increasingly buying classic pieces rather than high fashion,” Millward Brown Optimor Managing Director Nick Cooper said in a statement. “Those who can afford it indulge, including young professionals who, increasingly unable to buy houses, are spending their disposable income on mid-tier luxury.”

Check out the full list below:

1. Louis Vuitton, $25.9 billion

2. Hermes, $19.1 billion

3. Rolex, $7.17 billion

4. Chanel, $6.7 billion

5. Gucci, $6.4 billion

6. Prada, $5.7 billion

7. Cartier, $4.8 billion

8. Hennessy, $4.6 billion

9. Moet & Chandon, $4.2 billion

10. Burberry, $4.09 billion

via: bloomberg

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