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The world's Top 50 luxury brands lost 7.6 billion dollars in value this year

It has not been a good year for global luxury. The total value of the world’s top 50 most valuable luxury and premium brands plummeted 7.6 billion dollars, down 5 percent from 227.1bn dollars in 2020 to 219.5bn dollars in 2021. The figures were revealed in the annual Brand Finance report Luxury and Premium 50 2021, which saw the value of fashion...

Sep 15, 2021