Luxury Fashion companies have been around since the 18th century, but it wasn’t until the 20th century that many of them began to grow at such high rates. Many of these luxury fashion brands still exist today and have become household names, but there are also many new luxury fashion brands that have also been created in recent years.
The following is a list of the top 100 most luxurious fashion brands in the world in 2019, along with brief descriptions of each company to help you understand why they’re one of the best in the industry.
Top 10
These labels are not just hugely popular with consumers, but they also have powerful connections to royalty. These ten names were ranked by a global research company called Wealth-X and these rankings were based on worldwide prestige.
The other five brands which made up the top 10 list included: Burberry (the British label that is also popular with A-list celebrities), Tiffany & Co., Ralph Lauren (a classic American label), Prada (another famed Italian brand) and Loro Piana which is a brand that specializes in ultra high-end fabrics for haute couture clothing.
10 – 1
Louis Vuitton LV is one of the most luxury brands in the world. It was created in 1854, has stores all over the world and is still independently owned by descendants of the original family. One day, it became one of the symbols of Paris and after making their first handbag- an initial fashion item- back in 1941.
Now it stands as a symbol for fashionistas everywhere. It is so famous that the original designs are copied frequently enough to be more famous than other knockoffs like its namesake brand copy, fakes!
The company continues to offer top quality products with bags costing anywhere from $900 to $50,000. Nine out of ten celebrities are seen carrying LV at some point. Kylie Jenner even bought her sister, Kim Kardashian, a Louis Vuitton trunk.
With prices starting at around $100 USD or 500 euros (which can buy you two months worth of groceries), this may not be your go-to brand if you’re on a budget but can’t afford not to buy anything else if you want to stay on the current trends
How did we create this list?
We evaluated various factors in developing this list, including raw materials used, manufacturing process, and exclusive distribution. The cost of the garment or accessory is not a factor. Brands such as Ralph Lauren or Giorgio Armani are not included since we considered those mid-luxury. For more specific explanations of how we defined our ranking criteria, see the blog post below.
Biggest Movers This Year
There are quite a few big-name brands who got left off this year, but there were also some newcomers to the list. We’ll have to wait and see which ones stay on next year. Meanwhile, here are the world’s most luxurious fashion brands as ranked by Forbes:
1) LVMH
2) Kering
3) Richemont
4) Gucci
5) Hermes
6) Louis Vuitton
7) Dolce & Gabbana
8) Prada
9) Burberry
10) Chanel
Why These Brands?
This list was created by Forbes in 2014 and includes some of the world’s most luxurious brands. Many of these companies are known for providing high-quality items, but they also have many different price points. One thing that is clear from this list is that fashion can be expensive, no matter how you look at it.
In order to find the world’s most luxurious brands we consulted the people who know best: Forbes. This ranking of luxury companies is based on a combination of five metrics, including revenue per item sold, number of stores worldwide, profit margin, return on assets and growth rate.
Now let’s take a look at the top 10 list!
