Clothes are no longer mere necessities of life. They are rather a prime concern for many people today. They form fashion statements and have become very important while infusing first impressions. Appearance can either make or break a person. Well, for the fashion conscious lot, read on for the list of the top 10 most expensive clothing brands of 2013.
Fendi is an Italian designer launched in 1925 by Edoardo and Adele Fendi, initially as a fur and leather shop in Rome. Today, it has turned into a multi national brand owned by LVMH with Karl Lagerfeld as the creative director. It is famous for its luxury merchandise, especially their handbags. Other luxury goods include fragrances, eyewear, timepieces and writing instruments. Fendi is located in top destinations like New York, Paris, Milan and Dubai. They provide ready-to-wear products for both women and men. Revenue for Fendi is upwards of $800 million.
Guess is the only American brand that made into the top 10 list this year. It was founded in 1981 in Los Angeles, California. Guess it mostly targeted to adults and women and is famous for their denim jeans. Guess also sell watches, jewelry and perfumes. However, it did suffer slight downturn in the 1980′s due to the rising prominence of other companies like Calvin Klein, Diesel and Gap. But today, Guess has revamped their brand with a new approach, thus making a come back to the list. Revenue for Guess is around $1.2 billion and continues to increase.
Valentino was founded in 1959 by Valentino Garavani and is headquartered in Milan. This brand gave its first international debut in Florence in 1962. By the mid-1960′s, the company could successfully establish a client base skyrocketing the popularity of the brand. In 1967 Garavani received the Neiman Marcus Award which further added to the popularity. The brand is mainly targeted to wealthy women who are fixated on luxurious fashion trends. Aga Khan, Elizabeth Taylor and Jacqueline Kennedy Onassis are a few of the names associated with the brand. North America, the brand is sold throughout the United States and is available in stores like Nordstrom and Neiman Marcus.
Dior is a French luxury goods company controlled and chaired by LVMH and was founded in 1946 by Christian Dior. The same company is in control of Fendi too. The company’s main objective is to focus on designing and selling ready-to-wear leather goods, fashion accessories, footwear, jewelry, timepieces, fragrance, make-up and skincare. It is mainly targeted to the women shopaholics and puts out products for men and children as well. It is famous for its sophisticated and modern appeal. It has been successful to attract business from around the world.
Versace is an Italian fashion company founded by Gianni Versace in 1978. Versace is one of the world’s leading international fashion houses today. The company is known for its awesome designs on luxury clothing, accessories, make-up and home furnishings for both men and women. Sadly, Gianni Versace was killed in 1997 and his sister Donatella Versace stepped in as creative director. This highly demandable brand is available in all major fashion capitals of the world.
Who is not familiar with Armani? The brand operates under a number of sub-labels including Giorgio Armani, Armani Collezioni, Armani Exchange and Emporio Armani. The company is most famous for its ready-to-wear leather goods, shoes, watches, jewelry accessories, eyewear, cosmetics, home interiors and haute couture. The goods are available for both the sexes. It includes simple jeans and tee shirts too couture.
Prada is an Italian fashion label created by Mario Prada and founded in 1913. This brand specializes in leather. The store sells leather goods and imported English steamer trunks and handbags. Prada products mainly focus on simplicity, durability and cutting-edge design. The annual revenue generated is approximately $2.15 billion. Prada is successful in creating a presence throughout the world. It therefore comes as no surprise on finding a place in this list.
3. Dolce and Gabbana
In 1980, Domenico Dolce and Stefano Gabbana met in Milan and by 1982 an idea was implemented for the brand establishment. In the mid-1980’s, the duo launched their first women’s clothing line and by the late-1980′s, they had expanded into the swimsuit and underwear market. Upon exporting their products to other countries, Dolce and Gabbana soon became a recognized name worldwide. Eventually, they grew to include D & G as part of their company, a more casual line with urban inspiration and a yearning to set rather than following trends. The company has been successful in gaining popularity through effective marketing campaigns with models such as Gisele Bündchen.
Chanel is a French company owned by Alain and Gerard Wertheimer, grandsons of Pierre Wertheimer who was an early business partner of Gabrielle Bonheur Chanel. It is a high fashion brand specializing in both haute couture and ready-to-wear clothes and luxury goods and accessories of all kinds. Chanel mostly caters to women with an elegant taste and great sense of design. It is most famous for the stylistic “little black dress” and the fragrance. The brand enjoys revenue of approximately $6.9 billion dollars thus making its way to the 2nd number in the list.
Gucci is an Italian fashion and leather goods brand owned by Kering which was founded by Guccio Gucci in Florence in 1921. It is the biggest-selling Italian brand today. There are currently about 275 stores being operated worldwide and products are also sold through high-end department stores. Gucci is known for producing a great variety of products in the best range of qualities. Its brand loyalty justifies its high prices. It is often used by celebs and aristocrats and thus has successfully secured the top position as the most expensive clothing brand of 2013.
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