Most Luxurious Fashion Brands in the World
Wondering which are the most luxurious fashion brands in the world? Keep reading!
The luxury market has been growing extraordinary over the past couple of years and is still continuing to get extended on an upwards trend. While the luxury market has been dominated by Louis Vuitton, which continues to be the most valuable luxury brand on a global scale, other names have been rising as potential market leaders.
Prada and Gucci have experienced the most significant growth. With potential and great growth, brands like Prada, Gucci and Hermes may one day overtake the market and reach the number one spot.
This growth in the luxury market has led experts to believe that the luxury goods commerce is immune to economic fluctuations, as it has been growing sharply, in spite of the recession.
Read on to find out our top of Most Luxury Fashion Brands. Each brand will include details about founder, country of origin and date it has been founded, as well as details about the position in the global market, brand value and product prices. Read on to also find some astonishing facts about the highest priced bags in the world.
5. Rolex – Brand Value: $7,9 Billion
Rolex, is famous for its top quality wristwatches, that are designed, distributed, manufactured and serviced by the Rolex brand itself.
The Swiss watch manufacturer was founded in 1905 by Hans Wilsdorf and Alfred Davis. It started up in London and after 15 years, in 1919, the operations were moved to Switzerland. Today the headquarters of Rolex are in Geneva, Switzerland.
Rolex is the top five most valuable brand in the world, with a total brand value of $7,9 billion. A Rolex watch from the Pearlmaster collection sells for approximately $53,000.
4. Prada – Brand Value: $9,4 Billion
Prada, is an Italian fashion house that was founded in 1913 by Mario Prada. The company has the headquarters in Italy and is run by CEO Patrizio Bertelli.
Prada is the fourth most valuable luxury brand in the world, with a brand value of $9,4 billion. Prada was also introduced at number 95 on the Brands list of Top 100 Most Valuable Global Brands 2013. The famous Ostrich leather bags from Prada sell for approximately $10 000 a piece.
3. Gucci – Brand Value: $12,7 Billion
Gucci is the third most valuable luxury brand in the world, with a brand value of $12,7 billion. Gucci was founded in Florence in 1921, by Guccio Gucci. The current CEO at Gucci is Patrizio di Marco.
Gucci has experienced a significant growth since 2012, as it increased its brand value from $8,6 billion to $12,7 billion. Gucci was also introduced like Prada in the Top 100 Most Valuable Global Brands 2013 on the 68 position.
The famous crocodile shoulder bag from Gucci sells for approximately $35,000.
2. Hermès – Brand Value: $19,2 Billion
Hermès Paris, or just Hermès, is a French luxury manufacturer that was founded in 1837. The company is the second most valuable luxury brand in the world. The French manufacturer ranked 40 in the Brands 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.
1. Louis Vuitton – Brand Value: $28.4 Billion
Louis Vuitton was founded in 1984 by Louis Vuitton . Crowned the most valuable luxury brand in the world, Louis Vuitton has a current brand value of $28.4 billion and ranks number 10 on Forbes list .
One of the famous Louis Vuitton bags usually sells for over $10 000, and their Tambour Monogram watches collection sells items for prices in the region of $26, 000 to $29, 000.
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