What Is The Most Expensive Brand? – Top 3 Most Luxurious Brands
More or less, most of us have seen these luxurious, iconic logos. But still, many hate seeing their price tags. We firmly believe that most luxury brands are worth it. There's no better feeling than walking through a closet of well-tailored suits and dresses that will last you for a lifetime.
However, not all expensive brands are created equal, and some have price tags that can make you think twice. Ridiculously as it may seem, there are teddy bears that sell at two million and belts that for a quarter of a million. Today, we will look at the top three most expensive brands in the world. So, you can decide if you want to purchase from the established ones.
Top 3 Most Expensive Brands
Louis Vuitton is valued at 28.4 billion dollars. Louis Vuitton took the top spot in 2018 and even made a back-to-back lead in 2019. Now, here they are - the top and most expensive designer brand worldwide. Louis Vuitton is a luxury retail company and a fashion luxury house established in 1854 by the name itself, Louis Vuitton. It's a premier designer brand with retail outlets popped virtually in every city globally where luxury customers are found.
The French-based company has its headquarters in Paris, France where it was also founded. As the brand grows in popularity, the rise of counterfeited products has also been its most expansive ever. Today, the iconic LV embellished on any bag or dress is a fashion statement. Today, Louis Vuitton values at 28.4 billion dollars.
The French luxury brand, Hermes, came second. As we all know, it's no stranger they could dominate the world's fashion industry. Hermes is a French-hailed fashion company and luxury goods established in 1837. With its headquarters in Paris, they specialize in luxurious watches, leather, lifestyle accessories, perfumery jewelry, and home furniture.
Thierry Hermes built it from the name himself. But currently, this is owned by the Hermes Family, with its CEO as Axel Dumas. The company has its limbs all over the entire globe. The Hermes brand is now valued at 19.2 billion dollars.
Of course, the Italian brand Gucci would not be missing from this list. As an institution in the fashion industry, they are a luxury designer brand. This company was founded all the way back in 1921 by Guccio Gucci in Florence. Up to this day, the expensive brand is the highest-selling in Italy.
Gucci particularizes in the production of luxury clothing, high-end leather goods, and various fashion products. The Italian brand has a value of $12.7 billion.
And those are the three most expensive brands in the world. Luxurious as it may seem, each brand still have each persona with their product. As a collector or a buyer, it’s all up to you which brand reflects its design, fashion statement, and price. Happy shopping!