Clothing is an ancient industry. Every decade, there seems to be a trend that comes and goes. The fashion brands we are going to feature today, have stood the test of time. They are a testament to what innovation and influence bring to businesses. Here are the top 5 biggest fashion brands in the world.
Prada ($11.4 billion)
Prada is one of the best in the business when it comes to bags and shoes. It was established by an Italian leather manufacturer in 1913. This is a must have brand for all the fashion geeks out there.
Chanel ($12.8 billion)
Everyone knows what Chanel is and what they offer to those who seek their products. Coco Chanel founded the company in 1910. They have sustained the support of high-fashion enthusiasts. Chanel is most popular for its iconic “Little Black Dress” and its timeless perfume, the “Chanel No. 5”.
Hermes ($21.6 billion)
By now, Hermes has been in the industry for over 180 years now. The fashion giant is valued at a whopping $21.6 billion for this year. They are popular for their Kelly Bag and silk scarves.
Gucci ($22.6 billion)
Gucci has been in the business for almost a century now. They are experts in clothing and bags. There’s a great possibility that your favorite celebrities are wearing a fashion piece from Gucci whenever they are on the red carpet.
Louis Vuitton ($47 billion)
Louis Vuitton is a luxury brand yet it has become a household name. They are known for their outstanding leatherwork. Louis Vuitton is also popular for its excellently tailored accessories and clothing. This includes: trenchcoats, dresses, shoes, and jewelry among an expansive catalog of high-fashion pieces of clothing.
Plus, who wouldn’t even have an idea about their iconic Monogram bags? No wonder that they rank as the #9 most valuable brand in the world for 2020.
Click here to see the complete list of most valuable brands in the world. On the other side of the scale, read here about small brands that went viral.
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Darnell Bradford is a serial entrepreneur and motivational speaker. He founded D-Bradford Industries in 1999 and since, has been involved with various other entrepreneurial endeavors.