Would you carry a bag of a few thousand euros? More and more people wear expensive clothing brands. It is seen as a status symbol. If you show which brand your bag or shoes belong to, you want to radiate a certain luxury. Luxury clothing brands are growing enormously, even when the economic market is not moving so fast. Experts even believe that the trade in luxury goods is immune to changes in the economy. The international consulting firm Brain & Company has estimated the total value of the luxury clothing brands or 274 billion dollars. What exactly is the top 10 most expensive clothing brands in the world?
Top 10 Most Expensive Clothing Brands In The World
Armani, who doesn’t know the brand? Giogio Armani SPA was founded in 1975 by Giorgio Armani and Sergio Galeotti. This prestigious fashion house from Italy specializes in designing a wide variety of products, from haute couture to confection. The collection contains not only clothing, but also shoes, watches, cosmetics, perfume, jewelry and interior. You could arrange your entire villa with Armani, so to speak. The company currently has around 5,500 employees. It was best known when various movie stars such as Richard Gere, Michelle Pfeiffer, Jodie Foster and John Travolta embraced the brand. The Armani fashion house manages a number of sub brands such as Giorgio Armani, Armani Collezioni, Armani Jeans, Emporio Armani, Armani Junior and Armani / Casa. Top 10 most expensive clothing brands in the world.
The Fendi brand was founded in 1925 by Adele Casagrande in Italy. She married Edoardo Fendi, which explains the name of the brand. The Fendi’s have a long list of loyal customers, who just wanted to have brand products. The brand is known for its ability to use new, innovative techniques. In 1965 Fendi started working with Karl Lagerfeld. He produces the ready-made collection. Karl Lagerfeld and Fendi started developing new ways to use fur. They made the fur lighter and easier to handle. The brand got a revival because a bag was shown in the Sex and the City series. The annual turnover of Fendi handbags is around 352 million dollars. Top 10 most expensive clothing brands in the world.
In 1978 Gianni Versace founded the fashion brand Versace. He launched his first clothing line in Italy that year. A few years later, in 1989, Gianni Versace showed his first couture collection. From the first collection, the brand has built up a large number of fans. People like Madonna, Princess Diana, Elton John and Tina Turner were big fans. Versace is known for its style with glamor. One of the most famous creations of Versace was the dress that Elizabeth Hurley wore in 1994 (see below). The black dress work only held together by a number of gold safety pins. Gianni Versace died in 1997. His company was then worth 800 million dollars. His sister Donatella Versace has taken over the clothing brand and is now the creative director. The Versace brand is all-round, the products range from clothing. Top 10 most expensive clothing brands in the world.
Burberry was founded in 1856 by Thomas Burberry in Basingstoke, Hampshire. The important focus for the brand is the elitist youth. This makes the brand a trendsetter. The Burberry brand has more than 500 stores in 50 countries around the world. The Burberry jacket in particular is well known. This jacket made of peacock feathers is sold for around 35,000 dollars. The block pattern is also very characteristic of the brand. Unfortunately this is copied a lot, so it is sometimes difficult to find a real one. Despite these copies, the company has more than 1 billion in annual sales. Top 10 most expensive clothing brands in the world.
6. Ralph Lauren
Ralph Lauren was founded by fashion designer Ralph Lauren in 1967. The most famous of the brand are the polos. The company focuses primarily on expensive men’s, women’s and children’s clothing. Ralph Lauren also produces all kinds of other products such as accessories, perfumes and decorations for the home.
Chanel can certainly not be missing from the list of most expensive clothing brands. Who does not know the company? It was founded by Coco Chanel. She was born in 1883 in Saumur, France. She launched her first perfume in the 1920. Introduced the Chanel suit and the black dress. The Chanel brand follows Chanel’s quote when designing clothing, “Luxury must be comfortable, otherwise it is not luxury”. Chanel’s first store opened in 1910 in Paris. Hats were sold here. Later, more stores were added and the clothing line was expanded. She became best known when in 1925 she showed the Chanel jackets without a collar, and the well-shaped skirt. After her death in 1971, Karl Lagerfeld took over from her. The company brings luxury with a smile. The company is estimated at a value of 7 billion dollars.
Prada was conceived by Mario Prada. In 1913 he started the fashion brand that is known for its leather hats, shoes and belts. The company is constantly innovating and hopes to attract a young target group in this way. In 2007, Prada worked with LG Electronics to launch a new series of mobile phones. This was a big hit with the audience. The brand wants to profile itself as a brand for people with status. The company’s revenue is $ 9.4 billion.
In 1837, Thierry Hermes founded the famous French brand. The brand is best known for its bags, and especially the famous Birkin bag. In addition to these products, Hermes also has perfumes and leather goods in its range. In 2011, Hermes set a record because the Hermes Birkin Bag was sold at a whopping $ 203,150 at an auction. The luxury brand has its headquarters in Paris.
Gucci is one of the most famous brands in the world. In 1921 it was founded by Guccio Gucci in Italy. Especially the beautiful, exclusive designs are well known. The clothing brand mainly specializes in shoes, bags and perfume. A portion of the proceeds goes to UNICEF. This supports education, healthcare and clean water for children in every area of the world. The clothing brand has a value estimated at 7 billion dollars.
1. Louis Vuitton
The undisputed number 1 is Louis Vuitton. This brand has been at the highest position of the most expensive clothing brands in the world for a number of years. Many famous stars have Louis Vuitton as their favorite clothing brand. Michael Phelps, Angelina Jolie and Sarah Jessica Parker are a big fan. The idea for Louis Vuitton comes from Louis Vuitton Malletie. This French designer and entrepreneur developed his brand after Napoleon’s wife loved his elegant style of packing clothes. This gave the entrepreneur the idea of making suitcases. Marc Jacobs has recently been involved in the clothing line for the ready-to-wear collection. Louis Vuitton, however, is best known for its leather bags and suitcases. It is estimated that the company has a value of $ 28 billion.