The World’s 10 Most Powerful Luxury Brands 2010

1. Louis Vuitton
Last year’s ranking: 1

2. Hermès
Last year’s ranking: 2
Overall Brand Value: up 8% to $8.46 billion

3. Gucci
Last year’s ranking: 3
Overall Brand Value: up 2% to $7.59 billion

4. Chanel
Last year’s ranking: 4
Overall Brand Value: down 11% to $5.55 billion

5. Hennessy
Last year’s ranking: 6
Overall Brand Value: down 1% to $5.37 billion

6. Rolex
Last year’s ranking: 5
Overall Brand Value: down 14% to $4.74 billion

7. Moët & Chandon
Last year’s ranking: 8
Overall Brand Value: down 12% to $4.28 billion

8. Cartier
Last year’s ranking: 7
Overall Brand Value: down 19% to $3.96 billion

9. Fendi
Last year’s ranking: 9
Overall Brand Value: down 8% to $3.20 billion

10. Tiffany & Co.
Last year’s ranking: unranked
Overall Brand Value: up 6% to $2.38 billion

I love luxuries, I know most people don't agree on spending a lot of money on buying expensive items, but I think it's actually quiet beneficial and worthy. Why spend money on inexpensive clothing, shoes, bags etc. when it doesn't even last you for long. I prefer to just save my money and buy a luxury that can last me for years and I'm talking about 10+ years.