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Louis Vuitton loses ground as world’s most valuable luxury brand

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Vuitton’s brand value declined 12% from a year ago to $22.7 bn, Millward Brown Optimor estimated in its study Louis Vuitton is losing ground as the world’s most valuable luxury brand as competitors including Gucci and Prada gain, a new research report shows. Vuitton’s brand value declined 12% from a…

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