From shoes to perfumes to bags to dresses, the lifestyle brands have it all under one name. We all drooled after Anne Hathway’s Chanel boots in Devil Wears Prada and the green scarf of Confessions of a shopaholic. Although high street fashion is in vogue nowadays not only among the student community but also among the rich, who want to experience hands of shopping and bargaining for a piece of reality, brands have not yet lost their brand value.
When one walks down the fifth avenue of New York, or the streets of Paris or even Quest in Kolkata, one cannot help but feel drawn in like magnets to the lights and the shine of such outlets. We all have the one pair of boots, that one jacket or the one handbag that we have always wanted. Given below are the top 10 designer brands of the world, which are also, incidentally the most expensive designer brands ones.
List of the world’s top 10 Most Expensive Designer Brands in 2017
Valentino is a subgroup of the Valentino fashion companies, based in Milan of Italy. It was found in 1960 by designer Valentino Clemente Ludovico Garavani. The fashion house makes Clothing, glasses, footwear, perfumes, accessories and watches. Valentino is most famous for its designs for evening gowns; countless celebrities have walked down the red carpet wearing Valentino gowns.
9. Versace (total revenue 479.2 million Euros)
Gianni Versace S.p.A is most commonly referred to as Versace. The brand produces Italian leather accessories along with their clothing line, the Versace collection. The logo of the company is Medusa. But the aim of the company behind the logo is very much less creepy. Like the demon Medusa, the products of the company makes u fall in love with them and you have no way of going back. The signature styles of the Versace brand are flashy prints and bright colours.
8. Guess (net profit $123.2 million per year)
The fashion house was established in 1981 by Paul Marciano and Maurice Marciano in California, US. The label makes clothing and clothing accessories for both men and women. Other products include watches, jewellery, perfume and shoes. The owners of the company also own the brand Marciano, which is the namesake of the founders. The signature of Guess is the word with a big question mark in the centre of the triangle. The latest collection includes Grace seductive for Women and Guess Dare perfumes for men. After years of up and down in sales, Guess has come up with smart marketing strategies. It has included labels like G by Guess and Guess girl which aims for a younger customer crowd and has a much more competitive pricing on the lines of Express, American eagle and Gap.
7. Dior (total assets worth $68.1 billion)
Christian Dior SE is also called Dior commonly was established in 1946 by Christian Dior. The company is currently owned by Bernard Arnault who also incidentally owns a majority share of LVMH which is the currently the biggest retailer of the world. The brand manufactures ready to wear, leather goods like handbags, shoes and timepieces. They also make perfumes, jeweller, make up and skin care products. The company is divided into three divisions, Christian Dior Parfums, Christian Dior Cosmetics and Dior Homme and has a subsidiary Christian Dior couture.
6. Marc Jacobs (net income US $100 million)
Marc Jacobs is an independent designer who also designs clothes under Louis Vuitton. He has two personal brands under his name, Marc by Marc Jacobs, and Marc Jacobs. The brand under Marc Jacobs manufacturers shoes, handbags and jewellery along with a long line of clothing for both women and men.
5. Armani (total revenue 2.53 billion Euros)
Giorgio Armani was S.p.A. is an Italian fashion house established by its eponym Giorgio Armani. The label manufactures luxury leather goods, eyewear, accessories, cosmetics, shoes, watches and ready to wear and even home interiors. There are several labels under this brand.
4. Dolce and Gabbana
It’s a luxury fashion house found in 1985 by Domenico Dolce and Stephano Gabbana in Milan, Italy. They manufacture luxury clothing, footwear, handbags, sunglasses, watches, jewellery, perfumery and cosmetics. The two founders met when they started working for a different designer. Later they opened a designer consultancy house, and presented their first collection of women’s clothing in 1985. They also started designing swimming costumes and underwear. It has distribution over 80 countries with 200 retailers.
3. Prada (net income 627.8 million Euros per year)
The chain of retail units founded by Mario Prada in Italy in 1913 has over 618 boutiques worldwide. It has various famous subsidiaries like Miu Miu, Church’s, Luna Rossa and Fondazine Prada. It specializes in travel accessories, shoes, ready to wear, perfumes and other accessories and leather handbags. It is one of the most famous designer brands in the world. It attracts young and old from all around the globe. After all, even the ‘Devil wears Prada’.
2. Chanel (net income 1.3 billion Euros per year)
Everything that comes out of the Coco Chanel house has a touch of sophistication, glamour and class about it, even the logo. The house was established in 1909 by Coco Chanel in France. Gabrille Chanel, as she was born first opened the shop in the 1909s with the help of her friend socialite Balsan, of whom she was a mistress to. Though him she met other socialites who used to frequent those locals and could sell her hats to them. Thus Chanel was a brand for the posh ever since its conception. Chanel makes Haute couture, Ready to wear clothes, Perfume, Jewellery, Accessories. Coco Chanel has catered to women’s needs with elegance, dresses, blouses, suits, trousers and jewellery. Even Marilyn Monroe promoted the brand. The most famous product of Chanel is their No. 5 perfume.
1. Gucci (revenue $4.3 billion)
The brand was established in Florence Italy by Guccio Gucci in 1921. It is now owned by French company Kering and manufactures fashion and leather goods. Products from this label are most expensive all over the world because of their raw materials and are recommended by designers all over the world.
The expensive designer brands companies listed above have not been sorted out with respected to their net revenues or income but according to their net worth. These companies get valued every year according to their sales and profit.