Top 9 Fashion Brands Have the Most Value in the World Today
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|Fashion brands in the world. Photo: List Absolute|
Haute couture, or "high fashion," refers to the art of creating one-of-a-kind garments from luxurious materials using painstaking attention to detail. Luxury fashion houses set the fashion trends through the design, creation, and marketing of high fashion apparel and accessories that are produced in extremely small quantities and sold for exorbitant prices.
The designer's collection must be shown at one of the four annual major fashion weeks in Paris, Milan, London, or New York in order for the label to be considered high fashion.
KnowInsider.com has compiled a list of the nine most well-known and widely-recognized fashion labels in the world today.
This company's brand is worth about $3.5 billion in total. The company's founder is Paola Fendi. The Company was established in 1925.
Fendi specializes in creating high-end clothing, as well as bags and other accessories. The "Baguette" handbag line was first introduced in 1997. The atelier is also owned by this business. Fendi maintains its standards by keeping its designs current in the world of fashion.
It is owned by LVMH. So, this is number nine on the list.
8. HOUSE OF VERSACE
This company's brand is worth about $5.5 billion in total. Versace currently makes around $1 billion in revenue. This business is Italian. Established in 1978, Versace. Founder Gianni Versace founded this business. One of the most successful lifestyle brands in the world is the House of Versace.
Versace is renowned for their amazing cocktail and iconic gowns, vivid prints, and intriguing embellishments. Versace introduced a wide range of garments. As a result, they are in eighth place.
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The brand value of this company is approximately $5.87 billion. The business generates about $4 billion in revenue. A British company, Burberry. One of the most recognizable figures connected to the Burberry brand is Audrey Hepburn. This business is well known for its innovations.
Even a royal warrant has been granted to Burberry. This business even introduced a high-end, exclusive skincare line. This makes it one of the priciest and most exclusive businesses. It occupies the seventh spot.
6. RALPH LAUREN
The brand value of this business is about $6.6 billion. This business made about $7.1 billion in revenue. Ralph Lauren aims to provide all types of dress materials so you can live the life you want by putting a complete focus on luxury.
Numerous well-known people around the world can be seen wearing Ralph Lauren clothing. Ralph Lauren's well-known brands include Polo as well. As a result, this company is in sixth place.
This company has a $6.8 billion brand value. This business has collected $5.4 billion in revenue. This business was started by Coco Chanel. The company is renowned for its women's clothing.
The brand works hard to make sure that women feel confident and at ease in their clothing. The Chanel label debuted a classic little black dress. One of the most expensive brands in the world is Chanel. As a result, this business is listed in position 5 of the top ten.
The brand value of this company is about $7.3 billion. This business generates about $3.7 billion in revenue. In 1913, Mario Prada, an Italian leather manufacturer, founded Prada.
Every girl wants to own a Prada bag because it is one of the priciest brands. Every girl feels special wearing clothes from this brand because of the incredible design, style, and color they feature. This is therefore in the top four.
This company's brand is worth approximately $10.6 billion. This business generates about $5.3 billion in revenue. Thierry Hermes founded the Hermes brand in the year 1837.
The company had enjoyed great success over the course of these 176 years. Hermes is well-known for both its silk scarves and the Kelly bag. They are pros at making riding gloves, men's and women's sportswear, and belts, among other things.
This company has a $12.4 billion brand value. This business generates about $4.5 billion in revenue. The business wants to offer high-quality clothing. Gucci is renowned for making clothes that are desirable to wear to red carpet events.
In the year 1921, the Gucci company was established. Guccio Gucci is the company's founder. Gucci is in second place because it is one of the priciest brands and is known for creating expensive, opulent clothing.
1. LOUIS VUITTON
Louis Vuitton is the priciest brand in the world. This company's brand value has surpassed $28.1 billion. This company generates about $10.1 billion in revenue.
The first spot on the list has rightfully gone to Louis Vuitton, who are renowned for their use of leather, excellent trench coat tailoring, ready-to-wear dresses, shoes, accessories, watches, sunglasses, jewelry, books, and many other accessories.
Fun fact about Louis Vuitton
With roots dating back to 1854, Louis Vuitton is nothing less than a legendary company. Unsold merchandise from this highly sought-after brand is taken back to the factory where it is shredded and burned, which is an interesting fact about it. This protects the brand's reputation for quality and value.
Above is the ranking of 9 most valuable fashion brands in the world. The list is subject to change and updates from year to year.
The world of clothing was just a means to protect oneself, and now it has turned out to be a fashion business where there are new inventions every day. There is a lot of competition between brands to maintain their position and also pressure to follow the trend.
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