Which Are The 20 Most Expensive Fashion Brands?

The feeling of being elite and owning something luxurious is something everyone strives for and when obtained, it turns into a never ending cycle of wanting to feel that way 24/7. This is where luxury clothing brands come in, they understand that want and use it in their favor by commercializing it. They help one gain a sense of style and class that depicts luxury. They understand how one chooses to express oneself through their unique sense of style. People purchase expensive clothes from luxurious brands to portray a picture of themselves to the outside world. They spend a lot of money to differentiate themselves from others in order to stand out.

Let's take a look at the 20 most expensive fashion brands-

1. GUCCI

Everything about Gucci, screams luxury. The way this Italian brand has flourished in the market is admirable. It’s so boujee that a famous rapper named Lil Pump has also made a song on it!

Source : https://www.youtube.com/watch?v=AXOfw9x-hVw

It was founded by Guccio Gucci in Florence, Tuscany, in 1921. Impressed by luxurious baggage carried by the suite holders, this migrant worker set out to make a brand that would be regarded as one of the most high end brands ever to exist, and he succeeded. Gucci doesn't only pertain to clothing but has branched out into shoes, belts, handbags, small leather goods, accessories, footwear, jewelry, watches, eyewear, fragrances, beauty products, kid's apparels and other timeless essentials. It is mainly known and appreciated for its leather products which range from 300,000 dollars - 300 dollars. Their sales and profits are always surpassing other brands making it really difficult for others to compete. They launch various campaigns to be socially responsible which includes, women empowerment, educating the girl child, climate change. In fact, they are labelled as the most sustainable clothing brand considering they use ecofriendly textiles and are completely carbon neutral!

2. LOUIS VUITTON

Source : https://www.waitfashion.com/en/marc-newson-louis-vuitton-to-release-horizon-soft-luggage-collection-for-a-new-way-to-travel/

Louis Vuitton Malletier, commonly referred to as Louis Vuitton or shortened to LV was founded and established in 1872 by Louis Vuitton. It’s a French fashion brand that is often referred to as a favourite by many celebrities. They sell belts, cufflinks, eyewear, scarves, handbags etc. The company markets itself in more than 200 shops. Well-known showbiz elite celebrities such as Kim Kardashian, Sarah Jessica Parker, and Angeline Jolie frequently cited the brand as their preference. The net worth of the brand value is $28 billion.

3.CHANEL

Source : https://medium.com/the-see-fashion-think-tank/fashion-history-designers-edition-coco-chanels-10-most-iconic-designs-36e4567140fc

In 1920, a woman named Coco Chanel was adamant on designing and producing dresses that were more comfortable for women, relieving them from those tight corsets, and she did so. Chanel is regarded as one of the most chic brands ever to exist. Currently owned by Alain Wertheimer and Gérard Wertheimer they’re applauded and recognised for their flawless designs, petite black dresses, perfumes, handbags and accessories. Their beauty and skincare line have proved effective for many and are recommended worldwide ranging from 50 to 200 dollars. Having such a diverse product line helped them bring in 11.2 Billion in revenue in 2018, and has only been increasing ever since.

4.VERSACE

Source : http://www.fashionela.net/fashion/versace-spring-2018-collection-remembering-gianni-versace/

Medusa, a Greek mythological goddess is someone that makes everyone fall in love with her. Gianni Versace Donna wanted his clothes to have the same effect on people. Established in 1978, Versace was one of the few independent designers who oversaw all about the brand, from design to retail. In 1982, the company flourished into the shoes, jewelry, home decor and more. The green dress worn by Jennifer Lopez created history and favored the brand in many ways. Owing to a net worth of 800 million US Dollars, this company has a turnover of 508 million Euros. They cater to the environment by promising the public to have 100% renewable energy by 2025. This attracts a lot of audience since being socially responsible is a necessity for all brands.

5.DIOR

Source : https://www.mikelorrig.com/Cosmetics/24

Christian Dior was the son of a wealthy manufacturer who wanted to revolutionize fashion. Established in 1946, Dior is a French luxury goods company owned and managed by French businessman Bernard Arnault, who also chairs LVMH, the largest luxury group in the world. It currently designs and delivers leather goods, footwear, jewelry, vintage items, fragrance, make-up and skin care products, simultaneously retaining its tradition as a creator of haute couture within the Christian Dior Couture division. This latest Dior collection evokes a luxurious imaginary landscape by ways of patterns and embroidery, beauty and texture of raffia. They design their clothes a way that portray simplicity, elegance and sophistication.

6. HERMES

Source : https://brandsblogger.com/2018/11/17/people-are-going-crazy-over-these-hermes-products/

Thierry Hermès founded the company in 1837, his initial intention was to provide riding gear for riders, and when the business took off, he decided to expand his business. The company has constantly ridiculed mass production, production lines and outsourcing. As per Hermes, any product produced by them should showcase the amount of hard work that has been put into it. This is why it is considered to be the most innovative out of all luxury fashion houses. The Dumas family has inherited 49.2 Billion Euros of net worth from this company and gain an annual turnover of 7,000 Million Euros. They pledge to create awareness about environmental sustainability.

7.PRADA

Source : https://www.prada.com/us/en/collections/ss-2020-womenswear.html

Miuccia Prada was a part of her family’s business who took the company to places they had never seen before. She was largely responsible in documenting annual sales of over $5 billion, taking it from a small leather goods business to a much-admired brand, known for its eccentric designs. Working alongside her husband, the duo created an impeccable fashion empire that is fancied by many. Perhaps more fascinating than the rise of the brand to iconic fame or its 2011 listing on the Hong Kong Stock Exchange, which pulled in $2.14 billion (an incredible initial sale), is the ability of Prada to maintain control on both, the clique of fashion and those on the outskirts with its proposals every season. They made headlines when they decided to produce face masks for the ongoing covid-19 crisis.

8.BALENCIAGA

Source : https://in.pinterest.com/pin/795307615420028863/

Balenciaga, referred to as the ‘master of all’ by Christian Dior, was founded in Spain by Cristóbal Balenciaga. This brand is known for making bold outfits. They start trends instead of following them.
His devotion to the female waist and the different looks he used to accompany it gained immense devotion and is "considered to be his most important contribution to the fashion world: a modern women's silhouette." After his demise, the brand was re-launched with the help of creative directors who made sure that this iconic brand isn't forgotten and remained relevant till eternity.

9.ARMANI

Source : https://www.mens-folio.com/15069/emporio-armani-video-springsummer-2015-campaign/

Armani is an Italian fashion house which was founded by fashion designer Giorgio Armani in 1975.

The Italian fashion designer whose signature looks of relaxed yet glamorous ready-to - wear and sleek, artfully embroidered evening wear, helped to bring western culture to late 20th century dressing. The son of a shipping manager dreamed of becoming a doctor but left it halfway to pursue fashion. He articulated his sense of style by stealing comfort from men’s clothes and elegance from women’s. His fame skyrocketed after the release of American Gigolo, in which the lead actor was dressed in his designs. He is the only shareholder of the company, which results in his worth of 9 Billion USD and no stress about quarterly meetings!

10.FENDI

Source : http://www.destcn.com/sdp/1313185/4/pd-5710694/20782647-2934431/Wholesale_2018_hot_Fendi_Handbags_real_leather_bag.html

Known for its soft, fur accessories and iconic Baguette and Peekaboo handbags, Fendi has made a permanent mark in the luxury fashion industry. Created in 1925 in Rome by Adele and Edoardo Fendi, their five daughters became involved in the 1940s, introducing new energy to the company and the founders' granddaughter, Silvia Venturini Fendi, is now creative director of accessories and menswear. F stands for freaks, faces, freedom and fearlessness. Being a part of the most luxurious LVHM group, has helped them gain opportunities like no other. Late designer Karl Lagerfeld, was a big part of this organization and helped it reach astonishing heights. They pay great attention to how they’re advertised by ensuring the cover page is being modelled by a famous celebrity to catch the public's eye.

11.BURBERRY

Source : http://pluspng.com/png-37303.html

Thomas Burberry founded this company in 1856 in Basingstoke, when he decided to open a shop for males’ outerwear. The company's image has been boosted by the production of "gabardine" by Burberry–a material that was immune to shreds but still breathable.

12.DOLCE & GABBANA

Source : https://aeworld.com/fashion-week-2/inside-dolce-gabbanas-jungle-themed-runway-show-for-spring-2020-at-milan-fashion-week/

Domenico Dolce’s family owned a small clothing business, where Domenico worked from childhood. Stefano Gabbana studied graphics but soon turned to fashion. After a brief period working as assistant designers, they founded the Dolce & Gabbana label. Their new spring summer collections Tropical Rose, Generation Z, Blooming are creating a lot of buzz. The Mediterranean style inventors have had many successful ad campaigns, resulting in an increase of profits.

13.YVES SAINT LAURENT

Source : https://czhakypova.wordpress.com/2013/03/14/ysl-the-most-beautiful-clothes-that-can-dress-a-woman-are-the-arms-of-the-man-she-loves-but-for-those-who-havent-had-the-fortune-of-finding-this-happiness-i-am-there/

Yves Saint Laurent was a European fashion designer born on August 1, 1936 in Oran, Algeria. He left for Paris as a teenager to work for designer Christian Dior and received recognition for his designs of dresses. He launched his own fashion labels in 1966, where he rose to fame by his modifications of tuxedos for females. He altered women’s trousers and designed them in such a way that they could be worn at various occasions. Their collections keep on updating from time to time considering their beauty, skin care, handbag and perfume line are appreciated by many. The YSL Sac de Jour is a people’s favourite and the first one to sell out when restocked.

14.GIVENCHY

Meghan Markle in a cream Givenchy dress (Source : https://newsneednews.com/fashion/meghan-markle-wows-cream-givenchy-dress-royal-visit-queen-cheshire/)

French fashion designer admired for his couture and evergreen designs, Hubert De Givenchy gained immense appreciation and fame after dressing Audrey Hepburn in his designs. In 1957 he unveiled the "sack silhouette," together with the popular Spanish designer Cristóbal Balenciaga. The Givenchy 2020 fall collection hints on a formal yet feminine ready to wear attire. Alongside with Dior and other LVHM brands, the company has started the production of hand sanitizers to combat the covid-19 crisis.

15.SALVATORE FERRAGAMO

Source : https://www.graziame.com/style/fashion/shoe-of-the-day-salvatore-ferragamo-ortensia-column-heel-patent-leather-pumps

One of 14 children, this man was labelled as the ‘shoemaker to the stars’ considering back them, everyone was hurried in making a name in the fashion industry, Salvatore Ferragamo, stuck to footwear. Salvatore Ferragamo brand’s craftsmanship and quality is what makes their shoes so expensive. After his demise, the company branched out into fashion to keep his legacy going. Their latest fall collection portrayed millennial masculinity and femininity in a leading age way. The Italian company currently headed by Paul Andrews is staying up to date with every trend and altering it with their own unique style.

16.BOTTEGA VENETA

The business born in Italian from the name ‘Venetian Store’ was designed to manufacture artisanal leather goods. The company formed a unique leather weaving pattern, intrecciato, which was used on the outside of many of its products and was commonly associated with the name Bottega Veneta. Like all other brands, they have branched out into Shoes, Fine Jewelry, Fashion Jewelry, Perfume, Eyewear and Furniture. Owing to a net worth of almost 2 Billion Euros, this brand is ticking all the right boxes.

17.JIMMY CHOO

Source : https://www.forbes.com/sites/msolomon/2017/08/15/luxury-lineage-a-brief-history-of-jimmy-choo/#8d14de33a2ec

Jimmy Choo Yeang Keat based in the UK is a Malaysian fashion designer who is famous for his handmade women shoes. After his designs were noticed in the London fashion Week, he was featured in Vogue, wherein his career reached new heights. Having a net worth of 50 Million USD the brand is now owned by Micheal Kors. The stylish and unique handbags are a celebrity favourite, often shown off on their social media platforms favoring the brand’s engagement. Their recent show collection is inspired from the wild and correlated to that of the free spirit of a woman.

18.VALENTINO

Source : http://iwomaninlove.blogspot.com/2014/01/fashion-photography-valentino.html

People who aren’t even a bit into fashion have heard of Valentino Garavani, the legend is known as the King of Couture. The way he expresses his talent by designing dresses in red has coined the term, Valentino Red. In every collection, there is a signature red dress that comes under that shade.

His recent fall/winter collection concentrates on the humanity of individuals, irrespective of their age, gender and emotions. The name holds such power to it that it has features in various songs, Hollywood and Bollywood.

19.MARC JACOBS

Source : https://blog.nextmanagement.com/2016/01/29/riley-montana-for-marc-jacobs-spring-2016/

Born in 1963, the man is known for his grunge collection in 1990.He worked as the creative director for Louis Vuitton but stepped down in order to focus on the Marc Jacobs beauty line. His new collection was sort of like Instagram’s #OOTD tag (275 million posts and counting) come to life. His diverse products range from 200 Dollars to that of thousands. Even though the brand saw extreme tough times in its run, it still remains relevant till date.

20.PAUL SMITH

Source : https://www.gq-magazine.co.uk/fashion/article/autumn-winter-2020-trends-for-men

Knighted by Queen Elizabeth, Paul Smith is the name that comes to mind for timeless designs in menswear. Adding to that, his uniquely designed stores attract the public eye. The brand produces clothes for men, women and children. His recent autumn/winter 2020 collection is a modernized version of his past designs. Featuring a lot of denim (personal favourite) with a unique floral camouflage pattern is beautiful.