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Top 12 Most Expensive Luxury Clothing Brands

Everyone dreams of a luxurious life. It is a normal human behavior to crave the absolute best for one’s self. However, only a few fortunate ones amongst us are able to fulfill this desire. What is a luxury good? 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. Despite the ongoing recession, luxury clothing brands have only shown increasing sales. Irrespective of the economic market at any given point in time, they have successfully managed to maintain a positive growth rate with ever-escalating demand for more. Popular Bain & Company, a well-renowned consultancy firm, projected the luxury fashion brand market to be valued at a staggering $274 billion. By 2016, they predicted sales set to reach an inconceivable $328 billion. Louis Vuitton is considered to be the most expensive fashion and apparel brand across the globe and it has managed to lead the high-end clothing brand market since years. Over the years, however, many other brands such as, Gucci, Hermes and Prada, have climbed up the corporate ladder and demonstrated momentous growth. The reason behind their success is believed to be a boost in demand from newer fronts such as, Western Europe, Asia, and North America.

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Top 12 Most Expensive Luxury Clothing Brands

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  1. Gucci-The popular and the best clothing brand in the world Guccio Gucci laid the foundation for the brand in 1920, in Florence, Italy. First launched in 1921, Gucci sold extravagant leather goods and crafts. From then onwards, the brand rose to success and has made its mark in the fashion world as one of the biggest fashion houses to have ever existed. The brand takes pride in philanthropy and sends out regular donations to organizations such as UNICEF. Gucci has actively campaigned for children’s education and healthcare and won the love and support of many internationally. The brand is based in Florence, Italy. With a net worth of $7 billion, they specialize in clothing, watches and leather goods. Gucci’s signature style has continued to make an everlasting impact in the fashion world and is the sole reason why the brand stands so tall today in the business. Hermes-The popular and the best fashion clothes for men brand in the world Thierry Hermes, the founder of the brand, established the company in 1837. According to popular belief, every product by Hermes is carefully created by one artisan from the beginning till the end to ensure the end result is flawless. Owing to their perfectionist approach, Hermes has managed to set many records in the handbag business, especially with its Hermes Birkin bag. It is the most costly bag to be ever sold at an auction in 2011. The bag sold for an inconceivable $203,150. Based in Paris, the brand specializes in leather goods, accessories and perfumes. Celebrities including, Kanye West, Kim Kardashian and Heidi Klum have endorsed the brand labeling it as their favorite in the handbag business Louis Vuitton-The popular and the best clothing brand in the world Finally, Louis Vuitton, a label that no other brand has reached up to par with in history and most probably, never will. The brand was launched by Louis Vuitton Malletie, a French designer and entrepreneur. He stepped into the world of the elite after being hired by Napoleon Bonaparte’s wife. Vuitton’s work first received acclaim in 1872, after the launch of his trunk design

  2. featuring a beige canvas and red stripes. The brand has more than 200 outlets operating internationally. Louis Vuitton specializes in leather goods such as handbags and luggage, but also has Luxury prêt, footwear, watches and accessories. The brand is well renowned for being only for the elite with A-list Hollywood celebrities such as, Sarah Jessica Parker, Kim Kardashian and Angelina Jolie quoting the brand as their personal favorite. Louis Vuitton currently holds a net worth of a mindboggling $28 billion and is thus the most luxurious brand in the fashion business. The Vuitton logo speaks volumes for the brand. The brand’s signature design has to be their leather handbag with their signature “LV” logo in print. One just cannot talk about high fashion and not mention Louis Vuitton. The brand has been a representation of eternal style and sophistication since it first received recognition and shall continue to do so until its last breath. Burberry-The popular and the best clothing brand in the world Starting its journey from selling outerwear in Hampshire, Burberry was founded in 1856 by Thomas Burberry. Burberry has been a pacesetter in fashion, particularly amongst the privileged youth. Burberry, now a go-to brand for many celebrities, runs several other labels under its fashion house including, Burberry London, Burberry Prorsum and Burberry Brit. The brand is based in London and has branches in the field of clothing, footwear, leather goods, fragrances and cosmetics. With a huge demand on an international scale, the brand has 500 stores functioning 50 different countries. Burberry has also managed to surpass expectations when it comes to campaigning, designing and advertising. If a person walking down the street is wearing Burberry, you can spot their signature designs instantly without even looking once at the logo.

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