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BizReport : Research archives : February 18, 2010
Google takes fizz out of Coca-Cola in global brand value ranking
Coca-Cola has been left feeling a bit flat after being overtaken by Google in the race to be the biggest brand on the planet, according to BrandFinance.
However, neither Google nor Coca-Cola could shift Wal-Mart off pole position in BrandFinance's ranking of the most valuable brands in the world.
The annual list, which ranks companies by the strength, risk and future potential of a brand, shows retailing giant Wal-Mart in first place for the second year running with a valuation of $41.3 billion.
Google did manage to take second place from the fizzy drink brand with a valuation of $36.1 billion vs. $34.8 billion.
The remaining top ten brands in the BrandFinance Global 500 are:
IBM - $33.7 billion
Microsoft - $33.6 billion
GE - $31.9 billion
HSBC - $28.4 billion
HP - $27.3 billion
Nokia - $19.5 billion
Citi - $14.3 billion
Non-essential sectors, such as airlines and retail, were the biggest fallers.
"During the recession value-for-money brands have done well including Wal-Mart, Coca Cola, Tesco to name a few. Many luxury brands have slipped but a small number of iconic luxury brands have done remarkably well for example Christian Dior and Porsche," said David Haigh, CEO of Brand Finance PLC.
Tags: brand management, brand value, ranking
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