United States Of America : Louis Vuitton, Nike among Forbes world's most valuable brands

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Louis Vuitton, Nike among Forbes world's most valuable brands

22
May '15

Louis Vuitton is the world's most valuable luxury brand according to Forbes list of world’s most valuable brands. It ranks 14th on the Forbes list of world’s most valuable brands.

A division of LVMH, Louis Vuitton’s products include leather goods, handbags, trunks, shoes, watches, jewelry and accessories. Most of these are adorned with the LV monogram. It is one of the most profitable brands in the world with profit margins approaching 40 per cent. Louis Vuitton celebrated its 160th anniversary in 2014. Founded in 1854, Louis Vuitton’s brand value as of May 2015 is $28.1 billion, down 6 per cent from last year.

Sports footwear, apparel, and equipment accessories maker Nike has been ranked 18th in the Forbes list and the first among apparel makers. Nike has a market cap of $86.2 billion as of May 2015, up 19 per cent from last year

Wal-Mart is the top retailer on the list and ranks 20th amongst the most valuable brands. It has a market cap of $261.3 billion as of May 2015, which is 6 per cent more than last year’s figure.

Wal-Mart Stores, Inc. operates retail stores in various formats around the world. It operates through three segments: Walmart US., Walmart International and Sam's Club. The Walmart US segment includes the company's mass merchant concept in the US, operating under the Walmart or Wal-Mart brand, as well as walmart.com. and also offers financial services and related products, including money orders, prepaid cards, wire transfers, check cashing and bill payment. The Walmart International segment includes numerous formats of retail stores, restaurants, wholesale clubs, including Sam's Clubs, and various retail websites that operate outside the US. (SH)

Fibre2fashion News Desk – India

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