Every year, there are dozens of fashion brands, but only a few gain some popularity in their own country. Only a few are popular and successful throughout the world, transforming their brand into a big business with trillions of dollars in sales. In the fashion industry, Italian and French fashion houses are the most impressive in the world. Here are the top 10 most renowned and most expensive fashion brands in the world 2020.
During 1950’s, this Italian fashion house was established in Milan and became very popular for their shirts, shoes, bags, and accessories.
Another Italian fashion house, Fendi, has emerged in the top 10’s most expensive fashion brands in the world. Known as a classic style brand and its bags have become true legends. Established in Rome in 1918, Fendi started with a small leather and fur shop. Today, it works primarily in Paris, New York, and Dubai.
Found by designer Ralph Lauren in 1967, the company is the most accessible brand name on the list. It offers more affordable models along with haute couture lines, such as the Polo Sports Line (opened in 1993), sold at low prices in department stores.
At one time, by making a different line of clothing and accessories for women, men, and children, Giorgio Armani was able to produce a real revolution in the fashion industry. For instance, the brand is making sales from their boots, jeans, makeup, cosmetics, jewelry, and watches. It is increasing its market presence yearly and becoming an expensive brand in the fashion world.
Guess is the only American brand on the list that became popular for its perfumes, watches, and clothes. Certainly every year, its denim apparel earns up to $1.2 billion that provides the brand name’s source of income.
It is one of the largest clothing, handbag, and jewelry manufacturers in the world. Although everything marked with a fashion brand logo is expensive, tens of thousands of their wealthy loyal customers are sweeping all-new collections and offering good sales.
Created in 1978 by fashion designer Gianni Versace; now, clothes, cosmetics, jewelry, and household goods are sold under this name, competing with aspiring young brands. Above all, Versace pieces are mainly sold in world fashion hubs and big cities.
It is famous for its performance bags and accessories connoisseurs. Many celebrities can boast a popular brand’s products. While suitcases and bags are the signature products of Louis Vuitton, the casual and evening wear of this brand name is not in the last place either.
Moreover Louis Vuitton was founded in 1954, the company is dedicated to clothing, footwear, jewelry, watches, sunglasses, and books. The LV icon is one of the most popular in the fashion industry. It has more than 460 stores open in 50 countries. LV revealed its value of $28 billion in 2014.
This French fashion house is making approximately $6.9 billion annually. The brand increases its position from year to year because of its unique style, innovations, and bold experiments. In addition, despite strong competition among other fashionable clothes, cosmetics, perfumes, watches, and shoe manufacturers.
Meanwhile, founded in Florence in 1904 by the young Italian Guccio Gucci, the most expensive fashion brand in Gucci’s world was a factory where leather boots and suitcases were made to order. Similarly, this brand name is a big international business with 274 boutiques all over the world. Manufacturing and selling apparel, shoes, belts, suitcases, and accessories.
Farfetch exists for the love of fashion.
Farfetch offers Global luxury digital marketplace experience where lovers of fashion anywhere in the world can shop for an unrivaled range of incredible products from the world’s best brands and boutiques. Shop across categories including Women’s wear, Menswear, Kids wear, Vintage, Fine Watches and Fine Jewelry, and Farfetch.com ships to over 190 countries around the world.