Brand
December 1, 2025

The top 10 brands that have won over Millennials

The top 10 brands that have won over Millennials

Millennials are in their high-pressure decade. Careers, caregiving, home ownership, financial uncertainty – everything is happening at once. They move fast, make trade-offs constantly, and gravitate toward brands that bring order, ease, and emotional payoff into their lives.

The latest QuestBrand Millennial Equity data shows a clear shift: the brands climbing fastest are the ones that deliver functional mastery and emotional reassurance. Convenience, competence, and considered quality are the values shaping Millennial loyalty right now.

Millennials reward brands that create stability, reduce friction, and elevate everyday life.

Justin Pincus, Managing Director of Questbrand, weighs in: “Millennials aren’t chasing disruption. They’re seeking stability. The brands rising this quarter share a quiet confidence: consistent, trustworthy, emotionally grounded. They don’t sell transformation or hype; they sell competence and calm. Across the list, one theme stands out: security through familiarity. These brands build momentum not through novelty, but from credibility earned over time.”

Across categories – dining, luxury, home, finance, travel, skincare, and beverage – the strongest climbers share these behaviors:

  • They turn routine moments into upgrades. Daily life is exhausting and often monotonous. Brands that elevate simple rituals win disproportionate affection.
  • They deliver credible quality. Millennials pay for things that last, work, or genuinely streamline life.
  • They make complexity feel navigable. Whether finances or travel, clarity is everything.
  • They offer emotional respite. Calm, pleasure, indulgence, and control are in high demand.

Below are the top 10 equity risers with Millennials, what they signal, and why they’re outperforming.

1. Raising Cane’s

Equity Δ: +11.8

Fast food restaurant Raising Cane leads the list with a double-digit jump. Millennials reward dining brands that are consistent, straightforward, and high-quality without complication. Cane’s simple menu, reliable taste, and social-friendly brand energy strikes the perfect balance of comfort and convenience.

2. Hermès

Equity Δ: +11.3

Luxury fashion brand Hermès’ rise reflects Millennials’ shift toward fewer, better things. Quality, craftsmanship, and timelessness resonate in a climate where disposable culture feels exhausting. Hermès signals permanence and emotional security in a world that’s moving too fast.

3. West Elm

Equity Δ: +10.8

Millennials spend more time at home than any prior generation and treat the home as an expression of identity. The homewares brand West Elm wins by blending mid-century style, functional durability, and accessible luxury – making homes feel both intentional and elevated.

4. MAC Cosmetics

Equity Δ: +10.5

Makeup brand MAC’s brand strength is rooted in expertise and self-expression. Millennials trust brands with heritage, artistry, and product credibility. MAC delivers performance and identity together, giving consumers confidence and creativity in equal measure.

5. Stripe

Equity Δ: +10.3

Payment system Stripe’s rise reflects Millennials’ entrepreneurial streak – side hustles, small businesses, and independent projects. Stripe simplifies the financial plumbing behind modern work, turning complexity into clarity. That reliability and ease builds deep equity.

6. Royal Caribbean

Equity Δ: +9.0

Travel is the Millennial pressure valve. Royal Caribbean’s lift shows demand for stress-free holidays where planning is simple, experiences are packaged, and value is predictable. Reliability and convenience are doing the heavy lifting here.

7. Nespresso

Equity Δ: +9.0

Daily rituals matter, especially for time-stretched Millennials. Nespresso upgrades the basic coffee moment into something premium, predictable, and effortless. It’s a perfect expression of Millennial behavior: small luxury, big impact.

8. Barnes & Noble

Equity Δ: +8.5

Barnes & Noble benefits from a Millennial return to analog calm. Bookstores offer escape, inspiration, and slow living in contrast to a hyper-digital life. The brand’s rise signals a craving for meaningful downtime and tactile experiences.

9. CeraVe

Equity Δ: +8.5

Millennials prize skincare that’s trustworthy, uncomplicated, and dermatologist approved. CeraVe wins through scientific credibility and low-friction routines. It feels reliable in a category often overloaded with noise.

10. Blue Moon

Equity Δ: +8.3

Beer brand Blue Moon’s lift reflects the Millennial desire for relaxed, flavor-forward experiences. It sits comfortably between mainstream and craft – approachable but not generic. It delivers easy pleasure without pretense.

What this says about the Millennial mindset

Millennials aren’t chasing novelty – they’re filtering brands that make life feel more manageable, intentional, and enjoyable. The biggest risers all share the same promise: elevate my every day, and don’t make me work for it.

Want to understand not just where your brand stands today, but where it’s heading? Download our CMO’s Playbook for Brand Momentum

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