Photographs: Enny Nuraheni/Reuters
There are many brands that are famous all across the world, but only a few dominate the market.
Let's take a look at 10 brands that rule the luxury sector.
Source: Business Insider
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10 luxury brands that dominate the world
Image: A woman walks by a Louis Vuitton luxury boutique at the IFC Mall in Shanghai.Photographs: Carlos Barria/Reuters
Louis Vuitton
Brand value: $25.9 billion
Increase in brand value: 7 per cent
Global rank: 1
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10 luxury brands that dominate the world
Image: A saleswoman arranges scarves inside a Hermes showroom in Mumbai.Photographs: Danish Siddiqui/Reuters
Hermes
Brand value: $19.2 billion
Increase in brand value: 61 per cent
Global rank: 2
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10 luxury brands that dominate the world
Image: Women walk past a window display of luxury goods maker Rolex in Paris' Place Vendome.Photographs: Charles Platiau/Reuters
Rolex
Brand value: $7.2 billion
Increase in brand value: 36 per cent
Global rank: 3
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10 luxury brands that dominate the world
Image: A crane removes a huge advertisement for Chanel No. 5 perfume installed on the facade of the Musee d'Orsay in Paris.Photographs: Benoit Tessier/Reuters
Chanel
Brand value: $6.7 billion
Decline in brand value: 2 per cent
Global rank: 4
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10 luxury brands that dominate the world
Image: Shoppers wait for the opening of Gucci shop in downtown Rome.Photographs: Alessandro Bianchi/Reuters
Gucci
Brand value: $6.4 billion
Decline in brand value: 14 per cent
Global rank: 5
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10 luxury brands that dominate the world
Image: Man walks past billboard for Prada in Beijing.Photographs: Claro Cortes/Reuters
Prada
Brand value: $5.8 billion
Increase in brand value: N/A
Global rank: 6
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10 luxury brands that dominate the world
Image: People look at a window display of luxury goods maker Cartier in Paris' Place Vendome.Photographs: Charles Platiau/Reuters
Cartier
Brand value: $4.8 billion
Decline in brand value: 9 per cent
Global rank: 7
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10 luxury brands that dominate the world
Image: A customer looks at bottles of Hennessy X.O at the Hennessy factory in Cognac, southwestern France.Photographs: Regis Duvignau/Reuters
Hennessy
Brand value: $4.6 billion
Decline in brand value: 8 per cent
Global rank: 8
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10 luxury brands that dominate the world
Image: Bottles of champagne are stacked in the Maison Moet et Chandon underground galleries in Epernay, France.Photographs: Jacky Naegelen/Reuters
Moet and Chandon
Brand value: $4.2 billion
Decline in brand value: 8 per cent
Global rank: 9
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10 luxury brands that dominate the world
Image: A Burberry shop in London.Photographs: Suzanne Plunkett/Reuters
Burberry
Brand value: $4 billion
Increase in brand value: 21 per cent
Global rank: 10
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