Top 10 Luxury Powerhouses:
Louis Vuitton Overtakes Gucci And Chanel
When the going gets tough, shoppers bet on the established luxury brands. Louis Vuitton rises to the top as shoppers invest in their iconic bags. We break down the shifts in the Top 10 and the new brands on the rise.
“Gen Z, millennials and men are the new faces of luxury shopping, and the brands in tune with what they want are rising to the top. Louis Vuitton edged its way above Gucci by capturing the greatest share of demand among younger demographics, while high demand among men helped keep Gucci well above Chanel.”
Rati Levesque COO, The RealReal
Louis Vuitton Nabs #1 Spot for the First Time
Gen Z, Millennials & Men Keep Louis Vuitton & Gucci On Top
The Big Shake Ups: Major Moves in The Top 10
The New Guard: Fashion’s Disruptors
The most in-demand young designers this year embody values like sustainability and inclusivity, or see fashion as escapism.