Gucci and Louis Vuitton are still the crème de la crème in high fashion. But between shifting consumer values, TikTok and Gen Z, these brands have a lot of work to do to keep up — if they don’t want to end up sooo last season.

It’s a glamorous world in the middle of a transformation. That’s why we invited Rachel Tashjian, Fashion News Director at Harper’s Bazaar, back to No, Louis Vuitton does not own Saint Laurent. Louis Vuitton is owned by the French luxury conglomerate LVMH. The company was formed in 1967 by merging the Louis Vuitton fashion house and Moët Hennessy. This Paris’s headquartered company owns other prestigious fashion brands such as Christian Dior, Fendi, Givenchy, and Bulgari. Louis Vuitton — the world's most valuable luxury brand, per Interbrand's 2019 report — started the century with a $1.7 billion lead in brand value over Gucci, and at the turn of the 2010s, it On average, a Prada bag can range from $1,000 to $3,000, with some of the more elaborate designs costing upwards of $5,000. Gucci bags, on the other hand, can range from $1,500 to $6,000 or more, with some of the most exclusive designs costing over $40,000. Both brands offer great bags at an the entry level price between $1,000 and $1,500 USD. Louis Vuitton just says luxury. The brand, which was founded in Paris, France in 1854, is valued at $39.3 billion as of this writing. That makes Louis Vuitton "the world's most valuable luxury brand," according to Forbes. Louis Vuitton is also "one of the most profitable brands in the world" because of its over 30 percent profit margins. It’s the Louis Vuitton Siena PM. It’s a STUNNING bag but – it just doesn’t suit ME. It’s on the fancier side in my opinion and I just never reach for it- really ever. It’s a great one to have in my arsenal- but as far as versatility – it misses the mark for me. Another bag I regret buying is a crowd favorite.. the Louis Vuitton For example, some Coach handbags are higher in quality than Louis Vuitton bags, but people will pay a premium for the latter because of the brand’s luxury status. The lowest-priced Coach bags are around $89, while the highest one is above $20,000 (Crocodile Tote). The price of handbags increases annually. Pricing also changes based on the materials used to create the bag. Louis Vuitton bags range in price from $1200 and $6000 for their canvas and leather bags. The exotic skin bags like those made from crocodile and lizard skin range between $12000 and $36000. Tom Smith Last updated: June 28, 2023 Gucci and Louis Vuitton are two of the most valuable luxury fashion brands. For decades, they have been rivals battling for the attention of the richest customers around the globe. So in the clash Gucci vs Louis Vuitton, who emerges as the winner? Louis Vuitton is a French fashion house and luxury goods brand founded in 1854 by Louis Vuitton. It's the world's most valuable luxury brand and is a division of LVMH. The label's LV monogram appears on most of its products, ranging from luxury trunks and leather goods to ready-to-wear, shoes, watches, jewelry, accessories, sunglasses, and books. 2fAQPc.