Home / Knowledge / News / Fashion / Salvatore & Louboutin win top honors for men's & women's shoes respectively
Salvatore & Louboutin win top honors for men's & women's shoes respectively
16
Mar '09
The Luxury Institute reported results of the men's and women's luxury shoe categories of the 2009 Luxury Brand Status Index (LBSI) survey, which identifies the top brands that exhibit true luxury in the high-end shoe market.

Which luxury shoe brands deliver the best combination of quality, exclusivity, customer experience and peer prestige? High net-worth consumers rated Ferragamo and Christian Louboutin the "Best of the Best" amongst all brands in the Men's and Women's luxury shoes categories, respectively, reported by the independent, New York-based Luxury Institute.

The LBSI asks high net-worth consumers to rate Men's and Women's luxury shoe brands across four equally weighted components: Consistently Superior Quality, Uniqueness and Exclusivity, Making the Customer Feel Special and Being Consumed by People Who Are Admired and Respected.


The "Best of the Best" are: (LBSI score out of 10)
-- Men's Shoes
- Ferragamo - 7.63
- Versace - 7.60
- Louis Vuitton - 7.35

-- Women's Shoes
- Christian Louboutin - 8.24
- Manolo Blahnik - 8.07
- Jimmy Choo - 8.02

"This year the ratings by wealthy consumers are even more meaningful," said Milton Pedraza, CEO of the Luxury Institute. "Sometimes consumers are consistent year-to-year with ratings, and some years we have a brand that suddenly stands out temporarily. We are finding that you don't have to be the most expensive or best known to be rated highly by wealthy consumers. Contrary to popular myth, most wealthy consumers don't live above their means and have always looked for true lasting value in luxury purchases. Most are self-made Main Street millionaires who have earned every penny by creating value for the global economy.

"In a world full of biased and rigged ratings, especially online, the Luxury Institute has delivered, for more than five years, impartial research that ensures a level of transparency and objectivity that has earned us the trust of the consumer, the industry and the media," continued Pedraza. "We strive continuously to reinforce the trust that allows us to facilitate a constructive dialogue between wealthy consumers and luxury brands via our ratings surveys. Our business continues to do well in this severe downturn, as true luxury brands find they need unbiased, reliable data from a trusted expert."

The proprietary Luxury Brand Status Index (LBSI) survey is the only unbiased measure of the prestige of leading brands among wealthy Americans. A national sample of 1,208 wealthy American consumers, with an average income of $345,000 and average net worth of $3.2 million, was surveyed online. Survey results are weighted to match demographic and net worth profiles of the same audience according to the latest Survey of Consumer Finances from The Federal Reserve.

Luxury Institute LLC


Must ReadView All

Uzbekistan, S Korea to launch textile techno park in Sept

Textiles | On 19th Feb 2018

Uzbekistan, S Korea to launch textile techno park in Sept

Uzbekistan and South Korea plan to launch a modern textile techno...

Hyosung to invest Rs 3,000 cr in Maharashtra spandex unit

Textiles | On 19th Feb 2018

Hyosung to invest Rs 3,000 cr in Maharashtra spandex unit

The largest global spandex producer Hyosung Corporation of South...

Courtesy: VF Corporation

Apparel/Garments | On 19th Feb 2018

VF Corp Q4 revenue climbs 20% to $3.6 billion

The revenue of VF Corporation, a global leader in branded lifestyle...

Interviews View All

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search