The number of fashion brands vying for your wallet can be overwhelming, but as it turns out, there is only one that can lay claim to being the most valuable of them all. Forbes just released its newest list of the most valuable companies in the world, and predictably Apple and Google took the number one and two spots, respectively. Moving down the list, Louis Vuitton took the number 15 spot overall, but was the highest-ranking fashion brand on Forbes's list.
According to Forbes, Louis Vuitton is valued at a staggering $33 billion, which marks a 17% increase from last year. The magazine also reports that Louis Vuitton's revenue currently stands at $12.9 billion. Now that's a lot of Speedy bags. The only other fashion brand that made the top 20 was Nike, which is valued at $32 billion. Scroll down to shop our LV picks in honor of the news.
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