According to a report on luxury fashion, Dior was the most influential luxury fashion brand worldwide in 2023, with a media impact value (MIV) of 4.3 billion U.S. dollars. Chanel ranked second, with a MIV of 3.5 billion.
Leading fashion luxury brands worldwide in 2023, by media impact value (MIV)
(in billion U.S. dollars)
includes data from North America, South America, Europe, the Middle East, as well as Australia, China, India, Indonesia, New Zealand, Singapore, and Thailand
Supplementary notes
Media Impact Value (MIV®) is based on its proprietary Machine Learning algorithm to measure the value of all marketing activities (including posts, interactions, and articles) across Voices, Channels, and Markets with a unified currency. Finely tuned to specificities of Fashion, Luxury, and Beauty, the algorithm was trained on actual media rates and over 5 years of FLB specific campaign data. It analyzes more than 100 quantitative and qualitative attributes including audience engagement, industry relevance, source authority, and content quality, to create a highly accurate method of measurement. Thus, MIV® offers a unified way to calculate how brand equity is being created and which strategies create the most ROI.
The measurement covers online media, blogs, Instagram, Facebook, X (formerly Twitter), TikTok, YouTube, Douyin, Weibo, WeChat, RED, and BiliBili.
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Launchmetrics. (July 15, 2024). Leading fashion luxury brands worldwide in 2023, by media impact value (MIV) (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1480407/luxury-fashion-brands-miv/
Launchmetrics. "Leading fashion luxury brands worldwide in 2023, by media impact value (MIV) (in billion U.S. dollars)." Chart. July 15, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1480407/luxury-fashion-brands-miv/
Launchmetrics. (2024). Leading fashion luxury brands worldwide in 2023, by media impact value (MIV) (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1480407/luxury-fashion-brands-miv/
Launchmetrics. "Leading Fashion Luxury Brands Worldwide in 2023, by Media Impact Value (Miv) (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Jul 2024, https://www.statista.com/statistics/1480407/luxury-fashion-brands-miv/
Launchmetrics, Leading fashion luxury brands worldwide in 2023, by media impact value (MIV) (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1480407/luxury-fashion-brands-miv/ (last visited December 21, 2024)
Leading fashion luxury brands worldwide in 2023, by media impact value (MIV) (in billion U.S. dollars) [Graph], Launchmetrics, July 15, 2024. [Online]. Available: https://www.statista.com/statistics/1480407/luxury-fashion-brands-miv/