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Interbrands 2021 Report - Landscape
Interbrands 2021 Report - Landscape
people. At the intersection of all create change - but they don’t know
these problems is the climate how. “We need a simple, powerful
crisis – an existential threat that message to mobilize the masses...”
will disproportionately affect the
Best Global
most vulnerable populations. If What we know is that no one
we settle back into pre-pandemic company, or brand or government
trends of unrestricted, unsustainable can do this alone. The world needs
growth, the climate crisis will have people, organisations and experts
unimaginable effects on us all. working together, around the globe,
Brands 2021
to make a greater difference. To
This much we know. The radical act together and to create change
question for brands – including on a global scale. And, as Manfredi
Interbrand – is, what can we do? notes, nothing is capable of
inspiring behavioural change and
Over the past 12 months, my collaboration like great brands.
human truths team has been
working with a community of So, I invite the community of Best
500 consumers and citizens Global Brands to join Interbrand and
O
from around the world to the United Nations Development
understand their perspective on Program in our own Act of Brand
n the surface, the Inspired by the data from this year’s climate change. Consumers are Leadership. A united and global Iconic
2021 Best Global study, he writes of brands as “Acts confused, they hear technical Move to re-brand climate change.
Brands report of Leadership.” What this means language, are exposed to unclear
suggests that market is that the most inspiring brands messaging, few benefits and We look forward to working
dynamics are returning are extending their leadership role contradictory calls to action. with you as we move into
to a semblance of beyond their direct product category Their insight is important this exciting new space.
normality. In contrast to last year, to confront the biggest challenges and concerning - consumer
the vast majority have recognised we face. Tesla, the biggest riser in the confusion leads to inaction.
growth, and the average brand Best Global Brands report this year,
value increase of the Best Global is driving us towards a low- carbon Just this month, Jeff Beer wrote in
Brands is 10% in 2021, compared future and is a leader in its category. Fast Company Magazine: “When
to 1.3% in 2020. It now seems The work of PayPal and Salesforce it comes to the climate crisis,
that a return to normal is possible, in addressing issues such as Americans have been regularly
yet wasn’t normal the problem? economic equality and reproductive served ... warnings about rising
rights are further examples of temperatures, sea levels, melting Charles Trevail
In last year’s Best Global Brands how the best brands are providing ice caps, and the impending societal Global Chief Executive
report, I noted that businesses systemic solutions to systemic fall-out of it all. And yet it still hasn’t Officer, Interbrand
that are not serving their citizens problems. The most inspiring been enough to convince people
are ultimately managing their own brands are reshaping themselves to act like this is a crisis... That
decline. In this years’ report, we take as true platforms of the possible. disconnect illustrates a distinct failure
this thinking further as Interbrand’s to communicate the severity of the
Global Chief Strategy Officer, However, we must do more. In 2021, climate crisis in a way that sparks
Manfredi Ricca, demonstrates in the momentous challenges we all the required public response.... We
compelling detail how the best global face become more urgent by the need a simple, powerful climate crisis
brands must move beyond being day. We are at a global inflection message to mobilize the masses.”
engines of consumption to become point for economies, societies, Our human behaviour data suggests
catalysts of possibility (see page 4). governments, environments, and the same: 80% of consumers want to
representing subjects,
dates make everything different. Showing boldness and facing the Impressionist revolution, its
huge controversy, artists like power as a movement to challenge
human experiences.
des Capucines, Paris, premiered from the conventions of art – and, context and the brands in our
the works of a movement called the by extension, their society. They 2021 Best Global Brands study.
Anonymous Society of Painters, did away with secular dogmas,
Sculptors, Printmakers, Etc. The institutions and traditions. In so doing, On the one hand, there’s
paintings – on sale during the they deliberately threw the gates between individuals and nature, the context.
show – depicted contemporary open to experimentation, giving and assimilating faraway cultures.
life in a technique that looked their contemporaries newfound It’s not looking good, and can be best
rough and unfinished to both art freedom to experiment in a manner Most importantly, they were described as a roomful of elephants.
critics and the general public. previously unseen – ultimately paving abruptly rejecting traditional Climate change. Inequality. Resource
the way to influential new styles canons and embracing modernity depletion. Overconsumption.
The exhibition was far from and much of the art we see today. – changing their way of working Humanitarian crises. The world
successful. Beyond incurring a to reflect the world they lived in. is still not working very well.
significant loss, it attracted insulting But what was the change
criticism and derision. Louis Leroy, really about? For the first time, The Impressionists’ boldness to And yet, brands are. They continue
a critic, sought to discredit the Impressionists were not representing make a conscious departure from to be powerful constructs that drive
artists by mockingly dubbing reality, but rather focusing on its conventions, swim against the tide beliefs, behaviours and choices,
them after one of Claude Monet’s human experience. They were and put new ideas above much easier and connect billions of people to
paintings: “Impression: Sunrise”. capturing fleeting moments – careers didn’t only create some of some of the world’s most influential
impressions, as it were – with bold, the most iconic artworks in history. organisations, unlocking an
Today, that premiere is remembered hurried strokes rather than pursuing It drew a line in the sand, igniting a aggregate value of over $ 2.6 trillion.
as the first Impressionist exhibition academic realism through obsessive change that would reverberate for
– and the date marking the refinement. They were celebrating generations to come, expanding the And so we are, as brand leaders,
beginning of modern art. In much a more intimate connection possibilities of art and expression. at an inflection point.
We can sit back, and accept brands The most critical social and
as an inevitable part of the problem environmental debates of our times
– engines for consumption with share a common denominator –
unavoidable consequences. We can the future of individuals, societies
cling on to the traditional consumerist and our planet. They focus on the
paradigm, and continue to manage will to endow the next generations
brands purely as assets that provide with undiminished – or, ideally,
value to customers and shareholders, even greater – possibilities.
with the broader and longer term
consequences as the price to pay. Some of the rising brands in our
study are actively expanding
Alternatively, we can be inspired possibilities, by driving decisive
by the moves of some of the innovation, developing kinder,
brands in this study, and look at more viable business models,
brands as part of the solution. making hard choices and taking
We can dare to reimagine them uncompromising stances.
as the connective tissue between
business and society, investors These brands lead from a better
and people, profit and purpose, future. They engage people
leaders and constituents, present and foster their participation,
consumption and future resources. making them part of a movement.
Ultimately, they become more than
In 1874, the Impressionists chose simply relevant – they are seen
to break away from traditions, as part of the solution, not the
and rethink the very essence and problem. Their growth becomes
purpose of art in a changing world. a matter of common interest.
credible and authentic mean, in practice, for the way leaders interests in mind.
build and manage their brands?
– but it isn’t hard. What is reveals a compelling chain. Our data shows a distinct correlation
between the Best Global Brands’
hard is actually serving it. In order to influence behaviours relevance and the degree to which
beyond sheer consumption, they engage constituents – through
brands must be relevant, moves that are distinctive, coherent,
along three dimensions – and that invite participation.
presence, trust and affinity.
In turn, what are the necessary
They must be present - part of the condition for creating engaging
The 1920s saw the development A considerable part of the problem conversations that are important experiences and moves?
of the idea of externalities – the between talk and walk is the old to their audiences and their ethos;
consequences of production paradigm of going at it alone. they must create affinity by playing Again, our data provides valuable
or consumption unwillingly a meaningful role in customers’ insight. Brands that are able to
sustained by third parties. The ticking time bombs of this decade and constituents’ lives by taking engage their audiences are those
are too large for any single clear stances on the principles and that show exceptional leadership
One century later, externalities have organisation or individual in priorities that are key to them; and – a clear direction, full alignment,
abandoned the realm of economic isolation to address them in they must engender trust – the empathy and understanding
theory. They are no longer distant or isolation. The simple truth is that confidence that a brand will not of constituents, and agility.
invisible issues – they are clear and universal, systemic problems require
present, and are increasingly central widespread, systemic collaboration.
to any organisation’s legitimacy And this is where brands come in.
to exist, operate and grow.
Brands influence our individual Pillar Correlation: Engagement & Relevance
Growing public awareness and beliefs, belonging and behaviours. 27
RELEVANCE
Increasingly, the question facing As the shape of capitalism changes,
any business leader – and their the role of brands in this decade will
brands – will be whether they are not be to ‘change the world’ – but,
part of the problem or the solution; rather, to give their constituents 15
ENGAGEMENT
20
LEADERSHIP
Manfredi Ricca
Global Chief Strategy Officer
Interbrand
100
the largest brand growth ever. The
combined value of the top 100 brands
increased from $2,326,491 million
in 2020 to $2,667,524 million in
2021, an overall increase of 15%.
06 07 08 09 10
11 12 13 14 15
16 17 18 19 20
21 22 23 24 25
Best Global Brand 2021 Report Times Square, New York, NY October, 2021, Interbrand Best Global Brands 2021 17
Automotive
Business services
Financial services
Technology
Electronics
Sporting goods
Biggest
Risers
2
021’s top risers shared and portfolio strategy and propel
strong performances growth. Thanks to this, Salesforce
on three brand strength is the fastest-growing enterprise
factors: Participation, software company globally, both
Agility and Direction. for personal and professional
The technology giants use. It’s ambitious product-led Tesla 36,270 $m 184% growth
Apple, Microsoft and Amazon growth strategy and innovation Salesforce 14,770 $m 37% growth
continue to shine, making up has expanded its user-base and Adobe 24,832 $m 36% growth
the top ten alongside fast risers community and has facilitated PayPal 14,322 $m 36% growth
Salesforce and Adobe. the continued rollout of software Microsoft 210,191 $m 27% growth
globally on several dimensions, Apple 408,251 $m 26% growth
But the real champion is Tesla, including in Covid-19 relief efforts. Nintendo 9,197 $m 26% growth
recording a near-tripling of its Amazon 249,249 $m 24% growth
brand value resulting in a striking Apple, the world’s top brand Nike 42,538 $m 24% growth
26-point rise to 14th place. Tesla’s for the ninth consecutive year, Zoom 5,536 $m 24% growth
meteoric rise was achieved with a continues to lead the way in in
ubiquitous social media presence direction ensuring that everyone
that enhanced its brand values, in its organization is moving
consolidating its position as the towards a clear, ambitious goal.
world-leading Electric Vehicle It has diversified further into
manufacturer. It’s core purpose, “to health care, (with the Apple Watch
accelerate the world’s transition now recording blood oxygen
to sustainable energy”, clearly levels), subscription-services in
resonates with a growing, loyal entertainment, data-storage and
consumer-base and demonstrates music, it has continued to stay close
how successful brands woo to customers and it continues to
consumers with a clear, coherent find strong online retail solutions
vision. Even with anecdotal reports despite complications caused by
of reliability issues, Tesla customers the pandemic. Ultimately, Apple
score high satisfaction, significantly still demonstrates remarkable
above peers in this sector. direction and a brand value that
centres on providing the consumer
Another rapid riser is Salesforce, a simple, seamless experience,
which demonstrated effective which reflects its significant
agility to diversify its acquisition 26% increase in brand value.
31 32 33 34 35 56 57 58 59 60
36 37 38 39 40 61 62 63 64 65
+19% -4% +37% +19% +4% -8% +4% +8% +2% -5%
15,036 $m 15,022 $m 14,770 $m 14,741 $m 14,466 $m 10,657 $m 10,646 $m 10,481 $m 10,317 $m 9,846 $m
41 42 43 44 45 66 67 68 69 70
+20% +36% +1% -8% -9% +16% +3% +3% +6% +26%
14,445 $m 14,322 $m 14,133 $m 13,912 $m 13,503 $m 9,762 $m 9,702 $m 9,629 $m 9,380 $m 9,197 $m
46 47 48 49 50 71 72 73 74 75
+8% +9% +10% +11% +18% +21% -9% +9% +8% +2%
13,474 $m 13,423 $m 13,408 $m 13,381 $m 13,065 $m 9,082 $m 8,642 $m 8,161 $m 8,100 $m 7,548 $m
New Entrant
+12% +17% +6% -14% +7%
7,160 $m 7,024 $m 6,952 $m 6,897 $m 6,747 $m
I
81 82 83 84 85
n 2021, we see only one new
100 entrant into the top-100 Best
Global Brands, which perhaps
represents a stabilising market
following the disruptive effects of
+4% +11% +22% -5% -2%
the pandemic in 2020. This brand
6,537 $m 6,503 $m 6,368 $m 6,313 $m 6,196 $m
is Sephora, which enters the Best
Global Brands report for the first 86 87 88 89 90
time. According to CEO of Sephora
Martin Brok, Sephora’s success
New derives from the exceptional work
of his 35,000 colleagues, which has
4,628 $m transformed Sephora into a luxury
+4% +3% 0% +4% +5%
‘love mark’ for many consumers.
6,087 $m 5,937 $m 5,832 $m 5,720 $m 5,616 $m
Sephora’s culture of disruptive
innovation translates into success 91 92 93 94 95
when marketing their perfumes and
cosmetics, and Sephora’s entrance
means that makes LVMH Group
becomes the first group to have five
brands in the Best Global Brands
+24% +10% +6% +20% +3%
ranking (Sephora, Louis Vuitton,
5,536 $m 5,484 $m 5,428 $m 5,416 $m 5,299 $m
Tiffany & Co., Hennessy, Dior).
96 97 98 99 100
Agility
The speed to market that a
company demonstrates in the
face of opportunity or challenge,
enabling it to get ahead and
stay ahead of expectations.
Possibility with
list of 2021’s Best Global Brands. A FLAG IN THE FUTURE
You may be thinking “how can The complex challenges of the present require leaders
I leverage the leadership > of the future. To create hope in the face of anxiety, we
engagement > relevance chain to need leaders who are willing to build relationships with
increase the value of my brand?”. customers that will change the world. Join us to assess
Interbrand
You might be interested in deeply how your brand can lead from the future. Use the time
exploring one of the three drivers, to set a worthy purpose and a powerful ambition that
or you might want to work with will steer your brand through turbulence and chaos.
us to imagine new possibilities.
ENGAGEMENT AND EXPERIENCE
The battle for customers is increasingly won and lost in
the everyday brand experience. It’s more vital than ever
to work with customers and employees as collaborators,
co-creators and innovators, optimizing, aligning and
transforming the experience, creating faster brand
impact that customers can see and feel every day.