SOURCE: Luxury Institute

June 17, 2008 14:00 ET

Luxury Institute Survey: Wealthy U.S. Consumers Rate Most Prestigious Women's Luxury Shoe Brands: Christian Louboutin, Manolo Blahnik and Hermes

NEW YORK, NY--(Marketwire - June 17, 2008) - High net-worth female consumers rated Christian Louboutin the most prestigious women's luxury shoe brand in the 2008 Luxury Brand Status Index (LBSI) survey from the independent New York City-based Luxury Institute (www.LuxuryInstitute.com). Respondents who would recommend Christian Louboutin say, "They have shoes that catch the eye and the red soles are something everyone recognizes," and "they have great styles that make you feel feminine and sexy." Manolo Blahnik and Hermes ranked second and third, respectively.

"The women's luxury footwear is crowded, and it is very difficult to differentiate a brand," said Milton Pedraza, CEO of the Luxury Institute. "Louboutin and a few others have managed to break through the sameness with unique styling and signature features that wealthy women are willing to pay a premium for and to recommend. Our impartial surveys provide a detailed map of wealthy consumer perceptions of this critical fashion category with details as to why consumers are, or are not, willing to recommend each and every brand. Hundreds of luxury firms that buy our ratings surveys tell us this data has had a dramatic impact on their strategies and tactics in recent years."

Following are the 29 luxury women's shoe brands that were rated
(alphabetical order):

1.  Bottega Veneta
2.  Burberry
3.  Chanel
4.  Chloe
5.  Christian Louboutin
6.  Cole Haan
7.  Dior
8.  Dolce & Gabbana
9.  Fendi
10. Ferragamo
11. Giorgio Armani
12. Gucci
13. Hermes
14. Hugo Boss
15. Jimmy Choo
16. Louis Vuitton
17. Manolo Blahnik
18. Marc Jacobs
19. Michael Kors
20. Miu Miu
21. Prada
22. Ralph Lauren
23. Stella McCartney
24. Stuart Weitzman
25. Tod's
26. Tory Burch
27. Valentino
28. Versace
29. Yves Saint Laurent

The proprietary Luxury Brand Status Index (LBSI) survey is the only measure of the prestige of leading brands among wealthy Americans. A national sample of 818 wealthy female American consumers, with an average income of $348K and average net-worth of $3.6 million, was surveyed online. Survey results are weighted to match demographic and net worth profiles of the same audience according to the latest Survey of Consumer Finances from The Federal Reserve.

About the Luxury Institute

The Luxury Institute is the uniquely independent and impartial ratings, reviews and research institution that is the trusted and respected voice of the high net-worth consumer. The Institute provides a portfolio of proprietary publications and research that guides and educates high net-worth individuals and the companies that cater to them on leading edge trends, high net-worth consumer rankings and ratings of luxury brands, and best practices. The Luxury Institute also operates the Luxury Board (www.LuxuryBoard.com), the world's first global, membership-based online community for luxury goods and services executives, professionals and entrepreneurs. To reach the Luxury Institute, please call 646-792-2669 or go to www.LuxuryInstitute.com.

Contact Information