Author: DC
The company has already regained the brand value it lost with the pandemic
loew was the only Spanish company that slipped among the 50 brands in the segment luxurious most valuable in the world, according to the latest report from Luxury and Premium 2023 from Brand Financein which there is a German Porsche remains at the top of the list for the sixth year in a row.
On that track, the Spanish Loewe, which belongs to the French group LVMH, regained the brand value lost after the pandemic, with an increase of 33%, leading it to remain among the most valuable luxury and premium brands in the world, at 31st place in the ranking. However, its “regard and reputation declined compared to the previous year,” the report said.
After Porsche, which reached a brand value of 35,400 million euros, it is in second place Louis Vuittonwith a brand value of 25.3 billion euros, followed by Chanelwith 18,700 million euros, i gucciwith 17,200 million euros.
Source: La Vozde Galicia
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
