|
AXA among the world's top 100 most powerful brands
--------- 30/04/2008
Brands around the world have never been so strong.
For 2008, the combined value of brands in the BrandZ
Top 100 is 1.94 trillion dollars (versus 1.6 trilion
in 2007, up 21%).
The AXA Group made the world-famous Business Week's
The method used by Millward
Brown Optimor* to determine brand value is to multiply
the brand's business earnings by its attractiveness
and its expected short-term growth. The value calculated
by Millward Brown is not related to market capitalization
but to the brand's potential ability to create financial
value.
AXA is also described as one of the major insurance
For the second year in a row, Google tops the list,
with a brand value of 86 billion dollars. The seven
billion dollars attributed to the AXA brand in 2008
(up by 50% from 2007) have propelled it into the top
100, just in front of the U.S. brand AIG.
"This year's brand ranking demonstrates the
importance of investing in brands, especially in times
of market turmoil. Strong brands generate superior returns
and protect businesses from risk," said Joanna
Seddon, CEO of Millward Brown Optimor.
* U.S. consulting firm dedicated to
helping companies maximize returns from brand and marketing
investments.
|