So, here is Forbe’s list of the world’s most powerful luxury brands.
No. 1: Louis Vuitton
Brand Value: $19.4 billion
No. 2. Hermès
Brand Value: $7.86 billion
No. 3. Gucci
Brand Value: $7.47 billion
No. 4: Chanel
Brand Value: $6.22 billion
No. 5: Rolex
Brand Value: $5.53 billion
No. 6: Hennessy
Brand Value: $5.40 billion
No. 7: Cartier
Brand Value: $4.91 billion
No. 8: Moët & Chandon
Brand Value: $4.85 billion
No. 9: Fendi
Brand Value: $3.47 billion
No. 10: Prada
Brand Value: $2.7 billion