Top 10 Luxury Fashion Brands
The high-fashion clothing market has grown significantly over the past few years and is still continuing in a strong growth trend. Experts believe that it is ... read more...immune to economic fluctuations, as it has been thriving, despite the economic downturn. Here are the Top 10 Most Luxurious Brands in the World.
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The Louis Vuitton brand started from rather humble beginnings in 1854. The brand's founder, Louis Vuitton, born in 1821, somewhere in the mountains of Eastern France, established the brand in Paris as a Factory boxed and packed as required. Before being 30 years old, Vuitton had built himself a network of acquaintances in the French royal class. His skill as a craftsman impressed Empress Eugenie de Montijo, wife of Napoleon III, who hired him as her own canner. The loyal sponsorship has enhanced Vuitton's skillset, giving him a better chance to start his own company. Within four years, he had filled his knowledge box to the point where he was able to come up with more unique and cutting-edge designs. Vuitton has designed pants that are so creative and elegant that they are not only impressive but also seductive, designed in a rectangular shape that is just the right size, and waterproof.
Louis Vuitton died in 1892, leaving the company under his son Georges Vuitton. Shortly after Georges Vuitton took over, the signature LV Braille canvas pattern was introduced. Just like his father, Georges was smart enough to create a unique monogrammed canvas featuring the initials LV and botanical patterns to prevent copying. Even with a reputation already ingrained in the hearts of most countries and cities of the world, the pioneers of the Vuitton brand are constantly bringing forth new inventions and transformations.
The Louis Vuitton brand has a long reputation in the luxury goods industry, dating back more than 150 years, has been listed as the strongest brand with a value brand of 28.4 billion dollars.
Brand Value: $28.4 Billion
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Hermès Paris or simply Hermes is one of the high-fashion labels founded nearly 200 years ago. Born in Krefeld (Germany), Thierry Hermès (1801-1878) had a French father and a German mother. The Thierry Hermès family moved to France in 1828 and in 1837, Thierry Hermès opened the first Hermès store in Paris, serving customers who were European aristocrats. Specifically, Thierry Hermes – a saddler and leather bridle maker, his leather workshop gradually developed and became a brand specializing in producing the most luxurious leather goods in the world, popular with wealthy stars. and is famous for knowing and loving the Hermes brand accessories with the H-shaped logo and the image of a German man driving a chariot.
He created a number of saddle and bridle products for the shipping trade. This product won Hermes the prestigious award in 1855 and was awarded a first-class medal in 1867 at the Exposition Universelles in Paris. Hermes' son Charles-Émile Hermès (1835-1919) was given management rights from his father and moved the shop to 1880-24 Rue Du Faubourg Saint-Honoré, the site is still in use today for houses. Lead product introduction and retail saddlery. With high-class products, sophisticated in raw materials, meticulous in production, the company specializes in serving the elite class of the world.
Today, the Hermes name appears in 16 categories: handbags and luggage, notebooks and small leather goods, saddles, scarves and silk ties, women's and men's clothing, jewelry, watches, belts, gloves, shoes, hats, lacquerware and personalized jewelry, perfumery, tableware, and textiles. Newly developed Hermes categories are furniture, bedding, pillowcases, and wallpaper. With 19.2 billion dollars of brand value, the company is the second most valuable luxury brand in the world.
Brand Value: $19,2 Billion
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The House of Gucci was founded by Guccio Gucci in 1921 in Florence, the city considered an Italian fashion icon today. With many years of experience working in London, the young Guccio Gucci possesses a profound vision for the high fashion of the British and French aristocrats. Gucci has applied the masterful craftsmanship of Tuscan artisans, resulting in high-quality products and exquisite aesthetics, favored by both international customers and Italian aristocrats. In 1953, with the departure of Guccio Gucci, the company in turn was taken over by his children. The synchronicity of thought and aesthetic philosophy has been preserved through generations of the Gucci family.
The iconic design heritage of the House of Gucci, inspired mainly by the high-class pastimes of the time such as horseback riding and travel. Rooted in the lavish and ostentatious lifestyles of the European aristocracy in the early 20th century, masterful craftsmanship and a bold Italian artistic aesthetic give rise to high-quality "works" class, luxury, and timeless value. The monograms are formed from a network of double Gs with an interlocking 2 Gs logo, born in 1960. Innovation in fashion and a celebration of traditional Italian craftsmanship has brought the Gucci name to life. into one of the most stylish and high-end Italian fashion brands in the world. Hollywood stars have called the name Gucci synonymous with "chic", meaning luxury, polite.
The success of the Gucci brand for nearly a century, reflected in the sustainability of the brand philosophy and positioning of the upper-class clientele, while honoring the classic values of local craftsmanship, and preserving the heritage of the brand. According to a report published from Kering in February 2015, Gucci now owns 505 stores operating globally with more than 4,000 products displayed online, located in Sweden, Denmark, Norway, and Finland. Gucci is the third most valuable luxury brand in the world, with a brand value of $12.7 billion.
Brand Value: $12,7 Billion
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In 1913, brothers Mario and Martino Prada opened a luxury leather goods store at the Galleria Vittorio Emanuele II mall in Milan. The first store called Fratelli Prada is famous for products such as handbags, travel suitcases, makeup cases, luxury accessories. With its handcrafted designs, fine materials, and sophisticated techniques, Prada became a trusted destination for the European aristocracy and bourgeoisie at that time.
In 1919, Prada officially became the supplier to the Italian royal family. Over time, the reputation of the Prada brand has become more and more resounding, gaining popularity and trust. This company is also allowed to use the symbol of the royal construction of Savoy (House of Savoy) and unique knots in the logo design, affirming its class.
In 1950, founder Mario Prada died. His daughter, Luisa Prada, became the successor to run Prada for 20 years. Until the late 1970s, the brand had a major turning point in its development history. That's when Mario's niece Miuccia Prada took over the company from her mother, forming a partnership with Patrizio Bertelli – a Tuscan businessman who has been in the leather business since the age of 17 and who later married Miuccia in 1987. The connection between Miuccia's ingenious trend forecasting and business acumen with Patrizio's business ideas contributed greatly to opening a new business. a new page in the business development of this brand.
As the most luxurious and high-class brand in Italy, spanning more than a century of history, the Prada brand has always affirmed its position and distinct class by its distinctive royal style. The traditional royal style combined with contemporary art brings newness and inspires fashionistas through luxury products such as men's and women's clothing, bags, shoes, watches, leather accessories, eyeglasses, perfumes... Prada is one of the four most luxurious brands in the world, with a brand value of $9.4 billion. They have nearly 400 high-end stores and showrooms in countries all over the world.
Brand Value: $9,4 Billion
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In 1905, Hans Wilsdorf was a German businessman who founded the Wilsdorf & Davis company in London, England. To make customers believe in the products distributed by the company, he used a small but accurate movement made by a Swiss company. The watches being sold by the company at this time always have the W&D signature on the surface.
For the company's watches to have a name more memorable to the public, Hans Wilsdorf created thousands of different names, and finally “Rolex” was the last name chosen in 1908. There is a lot of controversy surrounding the name Rolex. Many people believe that he was named after a suggestion from a god. Others say it is derived from a French phrase that means "masterpiece of watches".
Genuine Rolex watches have become the world's first chronometer. They passed the first test of watch accuracy. The next two challenges were to make the watch water-resistant and self-winding. By proving the accuracy of the watch, they received the “Class A Certificate of Precision” from Kew Observatory in the UK, which is also the first certification for a wristwatch.
Crafted by skilled artisans, undergoing rigorous testing. A genuine Rolex watch takes up to a year of manufacturing and testing to make a finished product available to the consumer. Besides, the materials used for each Rolex watch are also very expensive. As one of the five most valuable brands in the world, with a total brand value of $7.9 billion.
Brand Value: $7,9 Billion
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Chanel is the common name of a French fashion house, based in Paris, founded by Coco Chanel (1883-1971). After Coco Chanel's death, the Wertheimer family, the original partners (1924) of Chanel, bought the Chanel brand. This brand is currently managed by two brothers Alain and Gerard Wertheimer. It continues to be a family company, not listed on the stock exchange.
The name Chanel is known as the proudest luxury brand in the French fashion industry. More than any other brand, Chanel carries all the quintessence of the classic fashion industry of the previous era. That has helped Chanel become a model of classic fashion in world fashion. After 15 years of operation in the fashion industry, the new Chanel logo was officially announced, a symbol with 2 interlocking Cs. Since there is no clear explanation for this logo, there have been many speculations, but no matter what the Chanel logo means, no one can deny that this symbol has become famous and popular worldwide.
Coco Chanel has created outfits that have become classics with fashion such as Little Black Dress (LDB), Little Black Jacket tweed, or Chanel No.5 perfume - one of the best-selling perfume bottles global in all times. Chanel is one of the most valuable luxury brands in the world, with a total brand value of $7 billion.
Brand Value: $7 Billion
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At first, Cartier was just a small jewelry store located in Paris, France. In 1847, 28-year-old silversmith Louis - François Cartier took over the jewelry store of his mentor Adolphe Picard in Paris and founded the Cartier company. Before that, he had acquired all the skills handed down by Adolphe Picard and became a jeweler.
In 1874, his son Louis – Francois Alfred joined the Cartier brand, the growing watch business. He decided to expand the line of mandarin watches, wristwatches, and wall clocks for the family brand. This is one of those rare brands where members of the same family take over. Although Alfred Cartier was credited with bringing the watch line to life at Cartier, it was his three children – Louis, Pierre, and Jacques – who made Cartier a global brand. Specifically, Pierre - Camille manages the work in New York, while Louis - Joseph manages the work in Paris and Jacques - Theodule handles the work in London.
Cartier is the 7th luxury fashion brand in the world, with a total brand value of $6.3 billion. The company has more than 200 stores worldwide and operates in more than 125 countries.
Brand Value: $6,3 Billion
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The founder of this brand was Thomas Burberry when he was just 21 years old. In 1856, the first Burberry store opened in the town of Basingstoke, south-central England. Early designs were raincoats for military officers, mountaineers, pilots, or polar explorers. In 1901, the official Burberry logo was introduced, with the symbol of a horseman riding with a handle having the Latin word "Prosum", which translates to "Forward!". This is considered a lucky symbol of Burberry, when through many events in the history of this brand, it still overcomes, stands, and grows stronger and stronger. In addition, the distinctive patterns from perpendicular lines in black, white, beige, camel color have created a distinct feature that anyone who looks at it can recognize.
For more than 160 years, Burberry is one of the oldest and longest-established luxury brands in the world. As the pride of the UK, the Burberry brand is known for its high-end products from fashion, accessories, watches to fragrances. This is a name that any fashionista is familiar with and always loves to use Burberry's designs.
Burberry is one of the 10 most valuable luxury brands in the world, with a total brand value of more than $4.1 billion. Operating in 500 stores in 50 countries worldwide.
Brand Value: $4,1 Billion
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The Fendi brand originated from a small boutique selling skin and fur of an ordinary but fashion-loving woman in Italy. Her name is Adele Casagrande, born in 1897. In 1925, Adele married Edoar do Fendi so she changed the name of her small shop to Fendi.
There are 5 daughters including Paola, Anna, Franca, Carla, and Alda in the family Fendi. After their parents passed away, the five daughters took over Fendi's business and began to expand it. They worked together, Paola owned the leather goods line, Anna designed bags and other accessories, Fraca ran the suitcase and leather goods stores, Alda managed the fur store, Carla was the general consultant, and Karl Lagerfeld designed the costumes. The first product line that the 5 Fendi sisters introduced that set the world on fire was fur. They have combined youthfulness with bold innovations that give classic fur coats a charm of their own.
Fendi has over 117 stores worldwide, headquartered in Rome, Italy. The company that sells luxury goods – Fendi, is the ninth most valuable luxury brand in the world, with a brand value of $3.6 billion.
Brand Value: $3,6 Billion
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Coach was born in 1941 in the US. The original name of Coach was Gail Leather Products in New York, USA because it was initially opened as a family-scale business to create the best quality handmade leather products. In 1946, Gail Leather Products and Miles & Lillian Cahn - a company specializing in the production of leather wallets - cooperated, opening a new turning point in the fashion world. And in 1970, the fashion brand Coach first launched customers around the world.
It is thanks to the difference when combining the classic and the modern that now Coach has become a pioneering major brand in the field of modern leather goods and accessories with handcrafted quality that is famous not only in the US but also worldwide. Coach expands the production of accessories and gifts for women and men, including bags for both sexes, small leather goods for men, shoes, sportswear, ready-to-wear clothes, watches, travel accessories, scarves, perfumes, jewelry, and others.
By 2013, Coach has a brand value of $3.2 billion and has approximately 1,000 global retail stores, including in North America, Japan, China, Singapore, Taiwan, Malaysia, Korea, and Europe. It ranked 10th among the most powerful fashion brands on a global scale.
Brand Value: $3,2 Billion