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

Last-minute changes in USMCA keeps lid on e-com

Textiles | On 18th Oct 2018

Last-minute changes in USMCA keeps lid on e-com

Eleventh hour changes to a new trade deal torpedoed US hopes of...

Courtesy: Haggar

Apparel/Garments | On 18th Oct 2018

Haggar uses Repreve fibre made of recycled water bottles

Haggar, a US based apparel brand established in 1926, has recycled...

Revenue from RIL petrochemicals soars 56.2% in Q2FY19

Textiles | On 18th Oct 2018

Revenue from RIL petrochemicals soars 56.2% in Q2FY19

The revenue from the petrochemicals segment of Reliance Industries...

Interviews View All

Jurgen Gauger, Spreadshirt

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Milind Khandwe, Hindoostan Innovation Centre

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Anshul Sood, Oceedee

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Sandip Bhojani, Manthan Patel,

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Akshat Chaudhary,

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

Leave your Comments


October 2018

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

news category


Related Categories:

Advanced Search