For a third year in a row, L?Oréal Paris ranked world?s most valuable cosmetics brand
L´Oreal ? La Vie en Rose
For the third year in a row, L?Oréal Paris was ranked first in Brand Finance?s annual list of the most valuable cosmetics brands, with a total brand value of $13.7 billion according to the UK-based consultancy?s Royalty Relief methodology, which determines the value a company would be willing to pay to license its brand as if it did not own it. The amount is a record for the industry.
L?Oréal Paris is performing well in three key respects: it is investing in trends and technology; it is innovating digitally; and it continues to inspire trust,? said cosmetics analyst Emilie Milton-Stevens. It also scored a 91.5 out of 100 on the firm?s Brand Strength Index, based on indicators like familiarity, investment, social responsibility, consideration, loyalty and preference. Other L?Oréal brands in the top 20 include Garnier (#7), Maybelline (#13) and Lancôme (#14). As for Estée Lauder, which recently launched the Estée Edit and reported an 11 percent growth in makeup sales in the first quarter, the brand moved up a spot to #9. Clinique (#4) and MAC (#20), both owned by Estée Lauder Companies, were also among the top 20. Below is the top 10 ranking.
1. L?Oréal Paris: $13.69 billion
2. Gillette: $7.18 billion
3. Nivea: $6.17 billion
4. Clinique: $5.96 billion
5. Chanel: $5.80 billion
6. Neutrogena: $5.70 billion
7. Garnier: $4.81 billion
8. Pantene: $4.80 billion
9. Estée Lauder: $4.17 billion
10. Dove: $4.10 billion
Cou...
| -------------------------------- |
|
|
Marantz Breaks New Ground with Luxurious Horizon Speaker Line
31-10-2024 07:19 - (
luxury )
The Luxury Editor Joins the Exclusive World-Tour Event at Blue by Alain Ducasse
31-10-2024 07:08 - (
luxury )
