Luxury fashion brands have always ruled the apparel industry for centuries. Today, there are numerous brands that are there in the market, however, only a handful of those have made themselves iconic in terms of fashion and reach.
Today we bring you the names of top 8 luxury fashion brands with the most annual sales.
Louis Vuitton
Founded in 1854 by Louis Vuitton himself in Paris, the brand has stood at no.1 in terms of sales today. LV is one of the biggest French fashion houses and luxury retail companies that sells products ranging from luxury trunks and leather goods to ready-to-wear, shoes, watches, jewelry, accessories, sunglasses, and books.
Louis Vuitton was named the world’s most valuable luxury brand for 6 consecutive years from 2006-2012.
Gucci
Founded by Guccio Gucci in Florence, Tuscany, in 1921, Gucci is today’s leading Italian luxury brand of fashion and leather goods. It stands in the second position followed by LV in terms of sales. Gucci had a total of 487 stores in operation around the world as of 2019. It is one of the most iconic and valuable luxury personal goods brands in the world.
Hermes
Another French fashion luxury goods manufacturer, Hermes was founded in 1837 by Thierry Hermès. The brand specializes in leather, lifestyle accessories, home furnishings, perfumery, jewelry, watches, and ready-to-wear.
Prada
Founded in 1913 by Mario Prada, Prada is an Italian luxury fashion house, specializing in leather handbags, travel accessories, shoes, ready-to-wear, perfumes, and other fashion accessories.
Chanel
This French luxury brand focuses exclusively on women’s high fashion and ready-made clothes, luxury goods, and accessories. Chanel is owned by Alain Wertheimer and Gérard Wertheimer, grandsons of Pierre Wertheimer, who was an early business partner of the couturière Coco Chanel.
Ralph Lauren
This American fashion company stands at no. 6 in terms of most sales. From mid-range to the luxury segments, Ralph Lauren is known for the apparel, home, accessories, and fragrances.
Burberry
This British luxury fashion brand was founded in 1856 by Thomas Burberry. Burberry‘s main fashion house focuses on and distributes trench coats, ready-to-wear outerwear, fashion accessories, fragrances, sunglasses, and cosmetics. Today the brand is placed on 7th position in terms of annual sales.
Versace
On no. 8 is Versace which is an Italian luxury fashion company and trade name founded by Gianni Versace in 1978.
