When it comes to luxury clothing brands, there are dozens of different options out there. Most individuals who prefer to wear luxury clothing are going to argue for their specific designers and clothing types, but in terms of total power, sales and net value, there can only be a set 10 brands including in the top ten best luxury clothing brands in the world.
1. Louis Vuitton
Valued at $28.4 billion
Bringing in almost 10 billion more than its closest competitor, Louis Vuitton is by far the most famous and powerful clothing brand in the world. The clothing brand actually hasn’t been around for all that long (compared to the other designers), as it first debuted in 1984. Since then, it has made it into the top 10 of Forbe’s most powerful luxury brands in the entire world. Even though it has lost some of its total worth in the last few years, it is still firmly in place as the top clothing and design brand in the world.
Valued at $19.2 Billion
This French designer is again most known for their bags, but these bags are also going to be some of the most expensive in the world. In fact, in 2011, one of the company’s most famous bags, the Hermes Birkin, sold for over $203,000. To this date, it is the most expensive bag ever sold. With this sort of value, it is in a solid position as the number two spot in the top ten best luxury clothing brands in the world. However, it is far behind the company that is number one.
Valued at $12.7 Billion
The first company to break to the $10 billion mark, Gucci has been around since 1921 and is not only one of the most famous luxury brands in the world, but simply one of the most famous brands in general. From hand bags to high-end clothing and men’s suits, there is no arguing Gucci’s place as one of the most powerful clothing brands in the world.
Valued at $9.4 Billion
The luxury clothing brand out of Italia recently celebrated its 100th year anniversary, and while it is known for its clothing, it is also known for everything from its jewelry and perfume to its handbags. In fact, one of the most popular and sought after handbags sold by Prada is an Ostrich bag that sells for around $10,000 each. When a brand can fetch this much, there is a reason it is in the top ten best luxury clothing brands in the world.
Valued at $7.9 Billion
Yes, the brand is best known for watches, but it does have a small clothing line as well. Plus, the company owns the Tudor brand as well, which has placed it this high on the list in terms of total value.
Valued at $7 Billion
Another French company, this is a private corporation, so it is not possible to invest or purchase stock in the company. While there are some rather famous bags and clothing designs from Chanel, this company is probably best known for its Chanel No. 5, which is the most popular perfume in the world.
Valued at $6.3 Billion
The French designer has been selling jewelry and watches since the mid 1840s. However, it has since evolved and grown out of just jewelry in order to offer clothing and handbags as well. With a net worth of over six billion dollars, it is hard to argue with Cartier on the list of top ten best luxury clothing brands in the world.
Valued at $4.1 Billion
The famous British fashion line is known for two things. First is the Burberry trench coat. If there is one item that truly says Burberry it is the trench coat and it is one of the top sellers of luxury trench coats in the world. The other iconic element the company is known for is its stripped design, features features a combination of navy blue, tan, white and red. As it is known throughout the globe as a top brand, there is little to deny it is one of the top ten best luxury clothing brands in the world.
Valued at $3.6 Billion
Fendi is another company known more for its bags than anything else. For someone who really is itching to drop a pretty penny on a bag, the average handbag is going to cost around $2,000 to $5,000 each, and this is just for the smaller options. However, with its net value, it places itself firmly in the top ten best luxury clothing brands in the world.
Valued at $3.2 Billion
Coach is probably best known for their coach bags. While these bags are no where near the price of what other, possibly higher-end luxury brand bags cost, the sales for coach have skyrocketed over the last several years. This is actually because of the down economy and the impact it had on the wealthier (or upper middle class). With a reduction of salary, those individuals who normally would purchase a more expensive bag started opting in for Coach bags and Coach clothing, as it still represented luxury, just not as expensive. However, as its current value is over three billion dollars, it is in the top ten best luxury clothing brands in the world.