Hello, my dear fashionistas! Did you know that the fashion industry is one of the oldest industries in the world? Although it was professionalized in the 19th century by Charles Frederick, the first designer, fashion has been a huge part of people’s lives for ages. However, only very few companies have been able to achieve success, become trendsetters, and take over the global market. So, let us begin the catwalk down the ramp of the TOP 10 FASHION HOUSES OF THE WORLD!
This is one of the most valuable and oldest brands in the world. Also, it is one of the most expensive as well as profitable brands with a profit margin of up to 30%. It is a French-based fashion house and was founded in 1854. It mostly deals with products such as leather goods, shoes, handbags, watches, jewelry, and other accessories. Its products have a sense of timeless style that is different from other brands. Most of these products are branded with their logo which is a mark of wealth and a good fashion sense. We have seen celebrities and millionaires with at least one LV item. This company has rightfully earned the number one position on this list.
This brand is also among one of the oldest fashion houses in the world. It was started by Guccio Gucci in 1921 in Florence, Italy. It started out as a luggage manufacturing company for the upper-class gentry of Italy and also produced equestrian equipment. Currently, it manufactures handbags, footwear, perfumes, makeup, home decor, and other accessories. It is also one of the most expensive brands in the world. In 2020, its brand value was 17.63 billion U.S dollars. The brand itself is an embodiment of prestige, status, and excellence.
This is another old fashion house based in France. It was founded in 1837 by Thierry Hermes. It is not as well-known as LV or Gucci, but it certainly deserves a third place in the list. The company’s brand value is 10.6 billion U.S dollars and the cheapest that you might find in the Hermes store is a bar of soap worth 24 U.S dollars. Yes, certainly a ridiculous price but it certainly speaks of the brand’s worth. The company mostly deals in products such as men’s and women’s ready-to-wear, jewelry, fragrances, watches, furniture, etc.
Founded by Mario Prada in 1913, this fashion house is based in Italy and deals with products such as leather handbags, luggage, shoes, ready-to-wear, perfumes, and travel accessories. The company’s brand value is approximately 7.3 billion U.S dollars. The products of Prada offer a variety of amazing designs, styles, and colors and make the wearer feel special about themselves.
The brand value of this fashion house is 6.8 billion U.S dollars. Their products mostly focus on women’s clothing and luxury items and aim to make every woman feel proud of themselves. It was founded by Coco Chanel, a French fashion designer, and businesswoman. The brand is famous for its timeless little black dress.
If you are a huge fan of the American T.V show – F.R.I.E.N.D.S, you will remember this one. A character from the show, Rachel Green worked here and through her, we could understand the value of the brand and the products that it dealt with. Its brand value is 6.6 billion U.S dollars. It mostly deals with dress materials that are both comfortable and luxurious. Their products are worn by celebrities and other famous personalities all over the world. One of the most renowned brands of Ralph Lauren is Polo.
It is a British fashion house founded by Thomas Burberry in 1856. What makes the brand unique is that it constantly brings in innovations and is known for being forward-thinking. For example, the trench coats that the brand is most famous for were made of gabardine, a weatherproof cotton material. The brand is easily distinguished by its trademark check patterns and is a symbol of class and elegance all over the world. Its current brand value is 5.87 billion U.S dollars.
It was founded by Gianni Versace in 1978 in Milan, Italy. It mainly deals with ready-to-wear items and leather accessories. It is most renowned for its glamorous designs with flashy prints and bright colors, unique menswear, and theatrical costumes. Famous supermodels such as Naomi Campbell and Linda Evangelista are associated with Versace’s advertisement campaigns. Its total brand value is 5.5 billion U.S dollars.
The company’s total brand value is around 3.5 billion U.S dollars. It was founded by Paolo Fendi in 1925 in Rome, Italy. It is mostly famous for its fur and leather accessories. With the highest level of craftsmanship, it creates the most exquisite products. It started the handbag series called baguette in 1927. This company is owned by LVMH i.e. Louis Vuitton.
Founded by Giorgio Armani in 1975 in Italy, the company is most famous for its flawless tailoring and glamour. Most celebrities own and regularly wear products of this brand. It is most famous for its superior quality, crisp and clean tailored menswear. Armani is regarded as the most iconic fashion designer of Italy. Other than clothing, they also produce perfumes, watches, bags, belts, and other accessories.