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Louis Vuitton Named World's Most Powerful Luxury Brand

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Millward Brown Optimor has released their annual list of the top 10 most powerful luxury brands and not surprisingly, Louis Vuitton was once again #1.

The company's director Pierre Dupreelle says Louis grabbed the top spot because of their focus on its heritage as a travel brand, which likely appealed to their loaded jet-setting customers.

And it must have worked! The company was up 2% for the year, making their total value just under $20 BILLION.

Dayum.

Here's a look at what other mega-brands made the list:

1. Louis Vuitton
2. Hermès
3. Gucci
4. Chanel
5. Hennessy
6. Rolex
7. Moët & Chandon
8. Cartier
9. Fendi
10. Tiffany & Co.

Can't say we're shocked by any of the brands listed.

Are U???

[Image via AP Images.]

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