1) Louis Vuitton:
In 1854 a brand emerged in the French designer industry which now has become the sought after brand as well as the most expensive. Founded by Louis Vuitton and the CEO and President is Michael Burke. It designs and manufactures shoes, ready to wear, jewelry and accessories; as well as watches. The brand has a net revenue of $9.4 Billion per annum. It is also the largest brand with the total number of employees standing at more than 121,000. Its Short form is LV or LVMH. It is also headquartered in Paris, France. It is the most widespread brand, with the presence in around 3,708 locations all around the world.
One of the most popular brands of all times. Gucci is the luxurious fashion brand, founded by Guccio Gucci, started its operations in the year 1921. The Italian luxury brand is based in Florence, Italy. The brand has more than 550 outlets all around the globe. It has a net revenue of $4.3 Billion annually. It is considered one of the most expensive brands, whereas a part from Armani, it is also one of the most sought after brands as well. Marco Bizzari is the current CEO of the brand label. Gucci has currently 278 stores worldwide.
Coco Chanel was the founder of the brand ‘Chanel’, which was established in 1909. It has presence around 310 locations around the world. The brand is currently co-owned by Alain Wertheimer and Gerard Wertheimer. It is based in Paris, France. The brand’s label have jewelries and accessories under its name, besides this it manufactures perfumes, ready to wear and accessories. It has a revenue of $5.2 Billion. Making it the third most expensive designer brand.
Mario Prada, the Italian designer started his fashion label in 1913 and since then it has grown to a giant in the fashion world. It manufactures different items like; ready to wear, perfumes, shoes and fashion accessories. It has a net revenue of $3.91Billion. Currently the head designer of the organization is Miuccia Prada. It is based in Milan, Italy, and have more than 618 outlets around the world.
Dior is the fifth most expensive designer brand. Founded by the French designer Christian Dior. Currently the brand is headed by Bernard Arnault. The brand was founded in 1946. The company today designs different kind of stuff including: leather goods, fashion accessories, ready to wear, fragrance and skin care products. It is headquartered in Paris, France. Its presence in 210 places around the globe. It has an annual revenue of $41.6 Billion.