A luxury brand is a symbol of exclusivity and prestige. Clothing from high-fashion labels have been a favorite of the elites who wear them to flaunt their status and style. In more than 100 years of fashion industry, we’ve seen many fashion brands that raised the bar in fashion industry and made clothes that pandered the taste of snobs.
Today, we will take a look at some of the most valuable fashion brands that scale high on pricing and exclusivity:
1. Louis Vuitton ($39.3 Billion)
When a fashion brand values at $47.2 billion, it has to be an exclusive clothing label. Louis Vuittonhas a glorious history that spans more than 150 years. What started as a trunk business soon developed into a fashion empire that has range of fashion businesses under its label including Dior, Bvlgari, Givenchy and Fendi. Though you might see themany logos and custom patches of fashion labels but there is no one that can match the stature of Louis Vuitton.
Louis Vuitton makes the finest leather-made fashion and lifestyle products that includeits famous handbags that are best in the business. In addition, it makes all kinds of apparels and accessories that include shirts, pants, suits, purses, watches, sunglasses and shoes.Louis Vuittonis available in 50 countries where it operates 460 stores that generate billions of revenue every year.With a brand value of $39.3 billion, it is the most valuable fashion brand in the world.
2. Hermès ($25.9 Billion)
If there is one lifestyle brand that excels in luxury products, then it is Hermès. Launched in 1837, Hermès has been steadfast in producing high-quality leather products. It started as a saddlery manufacturer that catered to the needs of horse riders.
It was not until 1920 when it started off as an apparel and lifestyle business that made everything from clothing and sportswear to furniture and lightning. Hermès is particularly known for its variety of handbags, such as Birkin, Medor,Kelly, Jige, Jypsire and Evelyn. Among them, the Birkin bag got phenomenal popularity for its iconic design that relieved the women from carrying clunky handbags which were popular during the 1980s.
Today, Hermès is a global fashion brand and has a strong influence on people who don’t buy anything below supreme quality. It is one of the favorite brands of fashionistas, celebrities and stylists. The brand value of Hermès is $25.9 billion.
3. Rolex ($17.8 Billion)
The name of Rolex is associated with high-fashion and luxury. Rolex was launched in London in 1905 but changed its headquarter to Geneva after WWI. However, the unrivalled workmanship of this company remained the same. In fact, it reached new heights after it started its operations from Geneva and its sales skyrocketed.
The timepieces by Rolex has some of the precious gems emblazoned in its dial. It uses stones, diamonds and sapphires in dials of its watches which enhance their aesthetic value as well as make them a luxurious possession.
Rolex makes thousands of watches every year and each of them are distinguished in terms of their design and price. But every watch made by this company has the appeal that can turn heads. Rolex is one of the most loved brands of the royalties and celebrities around the world who only wear Rolex to match up to their aura.
Rolex sells some of the most expensive watches. Its best-selling watch Rolex Submariner values at $7500. It also made the most expensive watch that is ever sold. The watch was Rolex Daytona and it was sold for $17.8 billion.
4. Chanel ($13.3 Billion)
This French fashion house has been dominating the fashion industry for more than a century. Chanel was conceived by Coco Chanel who started it as a milliner business. Decades later, it transformed into a fashion house that sold everything from high-end apparels toluxury jewelries.
Chanel influenced the majority of feminine fashion trends from the 1920s through 1950s. It has produced some of the most iconic apparels and accessories. Some of the staple products of Chanel include Little Black Dress, Chanel No. 5 perfume and Chanel 2.55 handbag.
Chanel made it big into fashion during the 1920s for its better feminine apparels that were lessrestrictivein design and more modern than the form-fitting outfits of the time. And since then it has made the most stylish dresses and accessories that primarily cater to style needs of the ladies.Chanel has an amazing brand value of $13.3 billion.
5. Gucci ($9.2Billion)
The symbol of luxury fashion, Guccihas remained one of the most valuable fashion brands in the world. Known for its high-class leather products, the name ofGucci is ingrained in minds of people whoperceive it as a highly luxury brand which we vouch as industry expert.
What makes Gucci stand apart as a brand is its supercool fashion products that reflect the supremacy of this brand over its competitors. Gucci began its operations in 1921 when its founderGuccioGucci established a facility in its hometown Florence to makeleather products with an element of style.
His business soon took off and it became one of the most profitable businesses by 1970s. It experienced a temporarydecline in its sales during the 1980s but soon recovered from it.Guccimade its way to Hollywood industry by 1990s and designed for A-list celebrities like Salma Hayek, Brad Pitt, Drew Barrymore and Nicole Kidman. It is still a favorite many fashion icons that include the likes of Beyoncé, Taylor Swift and Rihanna which prove the popularity of this Italian brand.
Among the best-selling products of Gucci include items like jackets that use custom-made patches, loafers, handbags and high heels to name a few.Gucci has an astounding brand value of $9.2 billion.
6. Burberry ($4.7 Billion)
When something is Burberry, it is style and panache. This is how people perceive Burberry as a brand. It has come a long way from what it was in 1856 when it was first launched as a business for makingouterwear. Today, it is a big fashion house that manufactures and sells the topnotch apparels, accessories and fashion pieces for men and women. However, the outdoor attire remains the staple products of Burberry that is loved by people of all ages. Its trench coat has a phenomenal liking among the masses. Burberryoperates in more than 50 countries where people can buy from its over 500 stores.With a brand value of $4.7 billion, Burberry is one of the most valuable fashion brands in the world. This list reveals some of the most valuable fashion brands. Their high brand value is directly connected with their unmatched quality, superb designs and high exclusivity.