The objective and independent New YorkCity-based Luxury Institute ( ) reported today results of the top luxury brandsin Europe based on the "2009 Best of the Best European Luxury Brand StatusIndex" (LBSI) survey. The LBSI identifies the top brands that deliver true luxury basedsolely on the unbiased ratings of wealthy European consumers, rated in thefollowing seven luxury categories: Women's Fashion (31 brands), Women'sShoes (35 brands), Handbags (36 brands), Men's Fashion (30 brands), Men'sShoes (29 brands), Automobiles (20 brands) and Hotels (18 brands).
The LBSI asks high net-worth consumers to rate luxury brands by categoryacross four equally weighted components: Consistently Superior Quality,Uniqueness and Exclusivity, Making the Customer Feel Special Across theEntire Experience and Being Consumed by People Who Are Admired andRespected.
Which luxury providers deliver the best combination of quality,exclusivity, customer experience and peer prestige in Europe?
The "Best of the Best" are: (LBSI score out rolex replica of 10)
-- Women's Fashion: -- Chanel-7.56 -- Valentino-7.54 -- Louis Vuitton-7.53-- Women's Shoes: -- Christian Louboutin-8.37 -- Manolo Blahnik-8.35 -- Jimmy Choo-8.30-- Handbags: Fendi Handbags -- Hermes-7.84 -- Chanel-7.69 -- Jimmy Choo-7.66-- Men's Fashion: -- Loro Piana-7.79 -- Ermenegildo Zegna-7.32 -- Giorgio Armani-6.94-- Men's Shoes: -- Bottega Veneta-7.83 -- Piaciotti Cesare-7.77 -- Salvatore Ferragamo-7.64-- Automobiles: -- Porsche-7.53 -- Mercedes-Benz-7.24 -- Jaguar-7.18-- Hotels: -- Small Luxury Hotels of the World-8.40 -- The Luxury Collection-8.25 -- Maybourne Hotels-8.11
"Europe will always be a core market for the luxury industry, said Milton Pedraza,CEO of the Luxury Institute . "It is still the largest continentaleconomy in the world and continues to be the cradle of luxury. That is whyit is so gratifying to see the top-rated European luxury brands embraceLuxury CRM as the next step in their evolution. Top-tier brands recognizethe need to not only outperform, but, to dramatically outbehave theircompetition and are embracing a complete redesign of their corporateculture and values to be aligned with those of their customers. Theseleading brands also are using data, analytics and technology to manifestthe culture and values across all channels."
The proprietary Luxury BrandStatus Index (LBSI) survey is the only unbiased measure of the prestigeof leading brands among wealthy European consumers. A European sample of752 wealthy women and 752 wealthy men in France, Germany, Italy and theUnited Kingdom, with a minimum household income of 50,000 Euros and/or60,000 Pounds was surveyed online.
About the Luxury Institute ( )
The Luxury Institute is the uniquely independent and impartial ratings andresearch institution that is the trusted and respected
embroidered patches voice of the globalhigh net-worth consumer. The Institute provides a portfolio of proprietarypublications and research and consulting services that guides and educateshigh net-worth individuals and the companies that cater to them on leadingedge trends, high net-worth consumer rankings and ratings of luxury brands,and best practices. The Luxury Institute also operates LuxuryBoard.com, theworld's first global, membership-based online community for luxury goodsand services executives, professionals and entrepreneurs.
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