Cartier, Tiffany Make List of Most World's Powerful Luxury Brands

摘要

Luxury brands have survived the global recession in spite of the consequent drop in consumer spending and growing caution in consumers' spending habits, especially regarding conspicuous consumption. A newly released annual list by Millward Brown Optimor, a global brand strategy and financial consultancy firm, ranked the world's most powerful luxury brands from an economic angle, taking into consideration their current value, the demand which will lead to future profit, and how they adjusted their strategies to the volatile consumer market, reports Fashionista.com.