Why is it that Louis Vuitton, Gucci, and Chanel have no real new competition for decades? - Quora

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Why is it that Louis Vuitton, Gucci, and Chanel have no real new  competition for decades? - Quora

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Answer: From the brand strategy perspective, luxury fashion brands have much in common. Most of them communicate craftsmanship, the highest quality and heritage, while their respective style and tonality of advertising are similar, as is their selection of media when placing their ads. As a resul

Why is it that Louis Vuitton, Gucci, and Chanel have no real new  competition for decades? - Quora

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