13 Luxury Fashion Houses With Hefty Price Tags
The company was created by Gianni Versace in 1978; Versace continues to be one of the leading brands in the industry. Gianni was a private designer who broke the boundaries of traditional fashion and made his brand one of the most sought after and most influential fashion houses in the industry. The fashion line evolved over the years, and you can find anything from precise cuts, vibrant prints, and fabrics that speak to you in a curious manner. The fashion house is estimated to be worth $1.6 billion and Allegra Versace, Donatella’s daughter, and Gianni’s niece, is has a net worth of $800 million. Since Gianni left 50% of the company to Allegra when he was murdered in 1997, and she was only 11 years old, Allegra has spent all this time learning everything she can about the fashion industry so that she can continue on the fashion houses’ incredible legacy.
Gucci was founded in 1921 by Guccio Gucci in the Italian city, Florence. As the leading Italian fashion house in the world, it has the fortune of being its recognizable brand. When Guccio passed away in the late 1940s, his eldest son, Aldo, took over the company and made the brand into the phenomena it is today. The elegance and charm that goes along with the Gucci brand, as you can find clothing, accessories, leather items, as well as shoes and leather accessories among the desirable items from the line. The company brings in close to $4.2 billion annually, so whatever they are selling, people certainly are buying.
7. Dolce & Gabbana
When you are looking for modern clothing with an elegant feel, look no further than the Dolce & Gabbana label. This Italian fashion house was created by designers, Domenico Dolce and Stefano Gabbana in 1985. The pair caught the eye of Hollywood’s elite and started styling starlets in jaw-dropping dresses that were certain to make all jaws drop. Now, you can find their recognizable label on garments like undergarments, shoes, handbags, and accessories. However, this $5.3 billion fashion house isn’t strictly for those who are on the edgier side of the block—their 2015 line was inspired by the romanticized look usually associated with fairy tales and fantasy.
There aren’t many companies whose name you can speak and instantly get the luxury feel. That is exactly what happens when you think of the $6.8 billion fashion house, though. Prada isn’t just a clothing line, oh no, no. You can find ready-to-wear fashion and leather accessories, footwear, watches, luggage, outerwear, and so much more. Not only that, but Prada has collaborated with the popular phone manufacturer, LG Electronics to create the Prada phone in 2007. The company was formed in 1913 by Mario Prada and now is being controlled by Mario’s granddaughter, Miuccia.
Nothing says elegances and sophistication like a beautiful purse or a smart business jacket from the fashion house, Chanel. The company was formed during the late 1900s and is among one of the most identifiable and sought-after brands on the market. The founder, the iconic Ms. Coco Chanel, believed that luxury is supposed to be comfortable, and if it was not comfortable, it was not a luxury. The brand estimated to bring in $7 billion each year, thanks to the variety of haute couture, fashion accessories, handbags, and other luxury goods.
If you think of notable fashion houses in the world, many of them seem to come straight from Italy. If that is the case, we cannot discount the influence of Giorgio Armani’s house, Armani, which was formed in 1975. The fashion house is one of the most synonymous fashion houses for male couture, but it features a long line of haute couture, leather products, shoes, ready-to-wear garments, as well as beautiful jewelry, accessories, and even luxury items for the home. This diverse line of product is one of the reasons why the fashion house is worth an estimated $7.8 billion in annual sales.
For elegance and sophistication, you needn’t look any further than the luxury fashion house, Dior. The company began back in 1946 and over the past 70 years, they have continued to stay at the forefront of what it means to be the epitome of excellence. Their line is full of the typical haute couture items you would expect to find, but they also include ready-to-wear garments, leather, accessories, jewelry, makeup, and skincare products—just to name a few. Unlike other brands who are accused of pulling from the past for inspiration to create new looks, Dior can create garments that look fresh, new, and modern without looking like they tried too hard or coming off garish. That alone could be why the house is worth $24 billion in annual revenue, right?
2. Louis Vuitton
If you were to look in any fashionista’s closet, you might see a mountain of items with the LV logo splashed all over it. This fashion line is known to everyone and is highly recognizable, either by that logo or just the classic checkerboard pattern that many of their handbags use. Granted, you will typically see these signatures on handbags and luggage pieces, but there are numerous pieces in the ready-to-wear fashion line as well as evening wear. The company was formed in 1954 by Louis Vuitton, and it specializes in handbags, luggage (naturally), watches, shoes, accessories, and accessories. Unfortunately, because the products from this company are so sought after, they are subjected to being knocked off than other brands. The estimated worth of the company is approximate $28 billion annually.
1. Oscar de la Renta
Among all of the fashion houses in the world, Oscar de la Renta is by far the largest within the industry. Although it was formed in the 60s, it hadn’t come into its own until recently. The brand’s founder and namesake, Oscar de la Renta, passed away in 2014 and because people respected him and the brand, it certainly helped raise the fashion house to be the powerhouse it is today. Much of the products available on the de la Renta line are outside of the average person’s price range; the wealthy can deck themselves out in ready-to-wear clothing, bridal gowns, footwear, handbags, accessories, and much more. However, if you ask anyone, the brand is much more known and sought after for their bridal gowns and formal attire.
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