LV Wins Top Fashion Brand Award of the Year

At the top fashion summit charity dinner on Friday, Bain Company released the 2005 Fashion Brand Industry Academic Award. The latest vane of the world's top fashion industry has been established.

At the dinner party, the guests gathered in a staggered pitch. The guests carefully listened to the 2005 Fashion Brand Industry Academic Awards released by Bain Co., Ltd. after the wonderful operas of “Drunken Masters” and “Farewell, My Concubine”.

LV Group is doing its part and won the top fashion brand of the year. The development of LV Group in the world and in China has been very smooth. Its total market value has reached as high as 39 billion U.S. dollars. Some industry analysts believe that LV Group will become the leader in China's top fashion market.

Ms Concetta, vice president of LV Group, said that in emerging markets including China, she thinks that the most important task at present is to educate customers.

Chanel received the Best Brand Market Sales Award. In this regard, an industry insider replied: "A long time ago, Chanel did not have a shop and office in China, and now there is no factory, but it has always been sold so well, in fact, it must also thank the fake products for its increased awareness."

Gucci, Asia Pacific President of Gucci, took the Best Management Award on behalf of Gucci. The largest fashion group in Italy has been the most influential super heavy fashion brand in the world since 1994.

As early as 1998, Gucci was named "European Company of the Year" by the European Business News Alliance for its good strategic vision, business management and financial operations. Now that the golden rules of the top fashion industry are changing, Gucci is also considered by Bain to be one of the best companies to adapt to consumers.

President Bubbery won the Best Management Team Award. He believes that South Korea and China have similarities in culture. Therefore, Bubbery's market in China has been expanding well.

According to Bain’s chairman OritGadiesh, six months before the survey of the 2005 Fashion Brand Industry Academic Awards, Bain visited nearly 400 of the world’s top fashion brand CEOs.