Pursuits

Less Is More as Vuitton Stays Top Luxury Brand in Ranking

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Less is more in luxury.

The value of the top 10 luxury-goods brands surged 16 percent to $111 billion as companies from LVMH Moet Hennessy Louis Vuitton SA to Burberry Group Plc made exclusivity a priority over ubiquity, research company Millward Brown said in the 2014 BrandZ study published today.