1 1.LVMH:
worth $37.14 billion.
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Headquarters: Paris, France. |
It’s not by chance that the Louis Vuitton logo is
set in gold, a color associated with luxury and wealth. The richest fashion
label leaves its competitors in the dust, its value nearly twice that of its
nearest contender. Louis Vuitton, in fact, is one of Forbes’ ten most valuable
brands in the world last year, selling clothing, jewelry, luggage and perfume.
But Christian Dior is not complaining; it’s the main holding company for LVMH
with 40.9% of shares.
2. H&M:
worth $18.82 billio
Headquarters:
Stockholm, Sweden
The Swedish retail fashion label is a high-street
favorite sold in 53 countries that made billions selling “disposable fashion,”
that is, it continuously updates its designs to project a trend-setter look. If
you haven’t known yet, the ‘H’ stands for Hennes, Swedish “for her” and the ‘M’
means Mauritz, the name of the brand’s first retailer. H&M appeals to both
haute-couture and off-the-rack markets so well that it made it to our number
two place of the richest fashion labels ever.
3.Kering:
worth $15.65 billion
Headquarters
:Paris, France
The signature sells luxury goods and sporting goods,
including majority shares in Gucci, Saint Laurent and Sergio Rossi brands for
fashion, and Puma, Cobra Golf, and Volcom for sports. Interestingly, its French
founder, Francois Pinault, started the company as far removed from anything
fashionable as possible, dabbling in wood trading and electrical materials.
4 4. The
Gap: worth $15.65 billion
Products:
Clothing, accessories
One of the iconic fashion brands, The Gap attempted
to rebrand its logo in 2010 only to be cowed by loyal customers to bring the
old blue box back. The signature, popular among the younger set, was originally
an exclusive retailer for Levi’s until the shop started to sell its own upscale
jeans at the expense of Levi’s, seen by many as a “mature” denim brand worn by
someone else’s father. Fashion is the function of youth, which makes The Gap
richer than Levi’s. The company also owns Banana Republic and Old Navy
brands.ything fashionable as possible, dabbling in wood trading and electrical
materials
5 5- Christian
Dior: worth $11.91 billion
Headquarters:
Paris, France
It’s one of the top runway brands that produces a
wide selection of both haute couture and off-the-rack clothing. Christian Dior
is popular for its stylish perfumes and cosmetics, although it also sells
luxury watches and jewelries. The French
fashion house first gained fame for its shapes and silhouettes, creating
voluptuous styles as opposed to the boxy shapes in post-war Europe. Today, the
femme fatale-inspired House of Dior also caters to men through its Dior Homme
division and children via Baby Dior
6. Richemont: worth $11.83 billion
Headquarters:
Canton of Geneva, Switzerland
Relatively young, Richemont was founded in the
eighties selling luxury watches, jewelry, clothing, and leather goods. The
Swiss company owns through acquisitions some of the world’s most luxurious
fashion brands, such as, Baume & Mercier, Jaeger-LeCoultre, IWC, Piaget,
and Montblanc. Likewise, it is behind the Cartier brand, dubbed the “jewelers
of kings and king of jewelries” by the king of England, and the French Chloé.
7. Estée Lauder: worth $9.71 billion
Headquarters : New York, USA
The company is one of the first fashion labels to
offer a wide selection of items, from clothing to perfumes, makeup and
skincare. Behind the label are 40,000 employees that keep churning out millions
of products to give Estée Lauder a whopping $10 billion gross sales in 2013
alone. The signature also owns luxury cosmetics, such as, Bobbi Brown,
Clinique, M.A.C., and Jo Malone.
8. Phillips-Van Heusen: worth $6.04 billion
Headquarters:New York, United State.
If the name is not familiar, try these: Tommy
Hilfiger, Calvin Klein and, of course, Van Heusen. The company owns the three
popular brands after buying off Calvin Klein in 2002 and Tommy Hilfiger in
2010. The company introduced the world’s first self-folding collar in 1919 and,
today, it’s known for high-profile campaigns like David Beckham’s endorsements.
The company also supplies neckties for DKNY and Ted Baker.
9. Coach: worth $4.76 billion
Headquarters: 516
West 34th Street,United States
It’s popular among fashioni stas and people who love
showing off their wealth through luxury items like Coach, which was founded in
1941. It’s the favorite of celebrities like Christina Hendricks and Elisabeth
Moss for its durable and elegant handbags and wallets, among others.
10. Levi Strauss: worth $4.67 billion
Headquarters: San
Francisco, California, U.S
Rounding up our list is the inventor of jeans.
Levi’s is still going strong despite challenges from upstart fashion labels.
Levi’s company registers annual revenues of around $5 billion, propped up
mainly by the popularity of its ‘shrink-to-fit’ 501s. It’s been the favorite of
mods, rockers, hippies, skinheads, X-Y generations, and now, the millennials.
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