Bargain Basements and Top Shelves: What's Driving Retail Growth?
Photo: Flickr user jerine
Louis Vuitton Bandouliè: $1140
The Speedy Bandouliè bag by Louis Vuitton shown here has a price range of $1,065 to $1,140.
Louis Vuitton is the most powerful luxury brand in the world, according to research firm Millward Brown Optimor. It estimates Vuitton to have a brand value of $24.3 billion -- a 23 percent increase over last year and more than double that of Hermès, which is considered to be the second most powerful.