Most Recent Articles In Business
Latest Business Articles
- Steve Madden Falls Short of Street Expectations in Q2
- Adidas Lowers Full-Year Guidance
- Kering Profits Slide 4.7% in First Half
More Articles By
Salvatore Ferragamo and Christian Louboutin win top honors for high-end men’s and women’s shoes, respectively, according to a new survey released Thursday by the Luxury Institute.
Results of the 2009 survey identified those luxury shoe brands that deliver the best in quality, exclusivity, customer experience and peer prestige, based on responses from 1,208 wealthy Americans.
For men’s shoes, Versace ranked second, followed by Louis Vuitton. In the women’s category, Manolo Blahnik took second place, and Jimmy Choo was a close third.
This year’s rankings are even more meaningful than they have been in the past, Milton Pedraza, CEO of the Luxury Institute, said in a statement. “We are finding that you don’t have to be the most expensive or best known to be rated highly by wealthy consumers,” he said. “Contrary to popular myth, most wealthy consumers don’t live above their means and have always looked for true lasting value in luxury purchases.”