Manufacturing Industry
Economic downturn wipes $708bn off top 50 global brand values.(INTERNATIONAL NEWS)
Cosmetics International, May, 2009
Economic downturn wipes $708bn off Top 50 global brand values
Since January, all brand sectors have been hit by commodity price
rises, the credit crunch, rising unemployment and tumbling share
prices. The result, says Brand Finance, is a $708bn fall in brand
value across the top 500 global companies to $2,289bn. Cosmetics
and personal care companies have not been immune to the downturn,
and Brand Finance presents here a snapshot of the varying fortunes
of the Top 10. A fuller report will appear in Cosmetics International,
11 September.
Rank Rank Brand Domicile Brand Ent. BV/EV %
2009 2008 Value Value 2009
2009 2009
37 14 L'Oreal France...
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