The annual list of the world’s most valuable brands from Brand Finance is eagerly anticipated across a wide range in industries.

It comes as no surprise that Amazon has been ranked as the world’s most valuable retail brand with a colossal valuation of US$200 billion as online sales soar worldwide.

The independent, UK-based brand business valuation consultancy also pinpoints the world’s 50 top cosmetic brands – not just the multinationals which own them.

Here are the world’s leading 10 beauty and personal care brands with their 2020 valuations:

1) L’Oréal Paris – US$11.7 billion

2) Gillette – US$8.48 billion

3) Nivea – US$7.39 billion

4) Estée Lauder – US$6.29 billion

5) Clinique – US$6.21 billion

6) Guerlain – US$5.688 billion

7) Shiseido – US$5.68 billion

8) Pantene – US$5.57 billion

9) Dove – US$4.97 billion

10) Garnier – US$4.66 billion

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