Expensive luxury brands often give people a feeling of status, power, and prestige. Everyone dreams of a luxurious life. It is a normal human behavior to crave the absolute best for oneself. However, only a few lucky ones amongst us are able to fulfill this wish.
What is a luxury product? One might ask. To put it in simple words, a luxury item is one that is somewhere near the top of the hierarchy of high-end most expensive fashion brands, placed only after haute couture. They signify extravagance and sophistication. Luxury apparel offers top quality, but also come with quite a heavy price tag. But on a serious note, it is fascinating to learn about these big brands, when it all started and how they went on to become what they are today. Interesting right?
Askiguru has discovered 10 Most Luxurious Fashion Brands:
Founded by Gianni Versace in 1978, this luxury clothing company escelated to fame and success within a decade. It was imperative for Versace to introduce his products to the public through celebrities. Consequently, some the biggest names in the world of celebrities, in the 1980s, including Madonna, Princess Diana, Elton John and Tina Turner were seen flaunt Versace’s designs. The Versace brand soon became wealthy, luxurious, and renowned. The luxury fashion brand is worth around $5.8 billion.
Giorgio Armani is nothing but sheer sophistication, and if you see someone wearing the label in any capacity, you know that they belong to the cream of the society. Giorgio Armani is an Italian fashion designer who founded Armani in 1975. In addition to clothing, it markets perfume, home decor, and even baby clothes. According to Forbes, as of 2012, its value is $3.1 billion.
3.Dolce & Gabbana
This is probably one of the most expensive brands out here. It was started by two designers from Italy in the year 1985, Domenico Dolce and Stefano Gabbana. D&G is famous for its chic and statement designs, a particularly loved brand in Hollywood for the same reason. Their line of clothing, jewelry, and perfumes continue to push the boundaries of fashion. In 2013, their company value reached $5.3 billion.
Founded in 1925, Fendi is a leading Italian luxury fashion house, particularly popular for its fur and fur accessories. Headquartered in Rome, Italty, Fendi is a fashion house with 117 stores worldwide. Considered one of the most luxurious brands in the world, their handbags sell for around $2,000 to $5,000 a piece.
It’s been around for over a century and is probably the oldest fashion brands in the World. Burberry is British luxury fashion house with a long history. It was founded in 1865 and has become a premier luxury clothing line. It has a brand value of $4.1 billion, and one of its jackets can cost as much as $35,000.
The name Chanel has always implied high-end fashion and luxury since the 1920 and still continues to be one. Chanel is a privately held company, stands out in luxury clothes, perfumes, and handbags among other things. As of May 2017, Forbes valued the brand at $7.2 billion and put it on its Most Valuable Brands list.
As soon as you hear the word Prada, you can sense something luxury from it. Everyone knows Prada, the luxurious fashion powerhouse, and it seems like they’re only continuing to grow. Not only is Prada involved in the fashion industry, but also in electronics. In 2007, Prada teamed up with LG Electronics to launch a Prada series of mobile phones. In recent years, they’ve skyrocketed in value and have grown to a brand value of $9.5 billion.
Such a list cannot miss such a trendsetting name in the fashion industry like Gucci. Designer Guccio Gucci first founded in 1920. In 1921, the fisrt store was opened by Guccio Gucci, marking itself as a trendsetter in the fashion world. Gucci is now a part of a much larger fashion conglomerate, and the brand itself is valued at $12.7 billion.
The French luxury goods company, Dior, Founded in 1946 by the eponymous designer Christian Dior. Christian Dior’s aim was to make an elegant lady beautiful and a beautiful lady more elegant. Starting as a French fashion house, Dior grew to fame in Europe, making stylish perfumes, watches, and jewelry. Its brand value is $11.9 billion.
Celebrating its 160th birthday in 2014, Louis Vuitton is one of the most luxurious brands on the planet. They make all kinds of fashion items from clothing and shoes to handbags and watches. Their brand value is $28.8 billion. Mostly Louis Vuitton products are being purchased by models and A-list celebrities to flaunt them on red carpets and on the runways.
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