Find Out What Are The Top 10 Luxury Fashions Brands and Their Market Value
There is not an iota of doubt that no industry in the world is as big and colorful as the fashion industry. The world of luxury brands is immense and so is their popularity and today we are here with an exclusive list of top 10 luxury fashion brands that have successfully made it to the closets of not just the fashion enthusiasts but the rich and the powerful people across the globe.
Top 10: Coach (Brand Value: $3.2 Billion)
Founded in 1941, in Manhattan, America, this family-owned business has taken over the fashion world by storm since 1996 after Reed Karkoff’s designs came in. As of 2013, Coach has more than 600 stores in United States and Canada. Not only this, Coach is now collaborating with Billy Reid, a multi-award winning designer to produce one of the world most expensive bags, pricing at $20,000 each. With young faces such as Wang LeeHom and Gywneth Paltrow, Coach is now primarily aiming for consumers aged between 20s-40s.
Top 9: Fendi ($3.6 Billion)
This Italian fashion house is founded in 1925 by Adele Casagrande, an italian fashion designer. Fendi began to come into the limelight in 1965 after a partnership with German designer, Karl Lagerfeld. Not only Fendi specializes in fashion, Fendi’s newest brand offering a wide variety of home furnishings: Furniture, sofas, armchairs, poufs, chaise-longues, consoles, and day-beds, bringing fashion into a whole new level. Turning into 90 years old in 2015, Fendi now has more than 117 (and growing) stores worldwide and worth a whopping $3.6 Billion.
Top 8: Burberry (Brand Value: $4.1 Billion)
Unlike the usual high end fashion brands that originated in France or Italy, the Burberry luxury fashion house was founded in Britain. This luxury brand is famous for its high end accessories, watches, fragrances and most importantly its Trench coat which was created by Burberry founder Thomas Burberry. If you are a high-end fashion shopper, then a Burberry product is a must have in your closet.
Top 7: Cartier (Brand Value: $6.3 Billion)
This brand was founded by Louis Cartier in 1847 in Paris and is currently recognized among the most powerful luxurious French brand around the world. The company is premier manufacturer of luxury watches and accessories and has retail outlets that operate in more than 125 countries presently.
Top 6: Chanel ($7 Billion)
This brand was founded in 1909 by Coco Chanel and truly represents class, class and nothing but luxury class. Be it the famous Little Black Dress (LBD) or Parfum No. 5 de Chanel, the versatility and elegance of this brand is reflected in each of the luxury item it offers to its clients. Conveyed by Blake Lively, new face of Chanel in 2011, every girl should keep it in mind that Coco Chanel has once said, “Every girl should be two things: Fabulous and Classy.”
Top 5: Rolex (Brand Value: $7.9 Billion)
This luxury wristwatch brand presently has a brand value of about 7.9 billion dollars and has millions of admirers spread across the world. A Rolex wristwatch symbolizes nothing but class and elegance. Even the cheapest Rolex watch costs around $4,000.
Top 4: Prada (Brand Value: $9.4 Billion)
With an online branded value of around $9.4 billion, Prada S.P.A is definitely one of the most powerful and desirable luxury fashion brand. Founded in 1913 by Mario Prada, this fashion label specializes in luxury items such as luxury bags, shoes, luggage and even hats. Not only their designs are elegant and classy, it looks good on people of all ages.
Top 3: Gucci (Brand Value: $12.7 Billion)
Named as the number one desirable fashion luxury brand by prestigious Forbes, Gucci stands firm on its popularity and brand value even after 90 years of its origination. Considered to be one of the most sophisticated high-end luxury brands around the world, this brand has earned its considerable revenue due its famous double G logo interlocked on its branded bags.
Top 2: Hermès (Brand Value: $19.2 Billion)
Known as one of the most influential brand in the famous world, Hermès came to the second strongest and most powerful luxury brand. The French manufacturer ranked 40 in the Brandz Top 100 Most Valuable Global Brands 2013. One of the Hermès signature orange bags can be bought for approximately $4,420. In 2011, Hermès set a world record, when one of their famous bags, the Hermès Birkin Bag, was sold at an auction for an astonishing price of $203,150 and became the most expensive purse to be sold at an auction.
Top 1: Louis Vuitton (Brand Value: $28.4 Billion)
With a brand value of around $28.4 billion dollars, the French fashion house Louis Vuitton certainly dominates a considerable share in luxury market. This fashion brand offers everything from leather goods to monogrammed trunks and from watches, accessories to high end jewelry.
Indeed, indeed. Just by looking at those figures on how much they worth can make us drool. Those are the top 10 strongest luxury fashion brands that dominate the fashion world, without any doubt.