Which of the Following Is the World's Most Profitable Luxury

question 56

Multiple Choice

Which of the following is the world's most profitable luxury brand?

• A) Coach
• B) Prada
• C) Gucci
• D) Louis Vuitton

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Definitions:

Trademarks

Symbols, names, phrases, logos, or combinations thereof, legally registered or established by use as representing a company or product.

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its net assets, representing the value of the brand, customer base, and other non-physical assets.

Research And Development

Activities related to the innovation and improvement of products and processes.

Legal Fees

Costs incurred for legal services provided by attorneys or law firms to individuals or corporations.