High fashion brands
High fashion brands are best known as haute couture creations of exclusive clothing made specifically from high-quality fabric. Luxury fashion houses design, manufacture, and market high-fashion clothing and accessories that are trend-setting, limited in quantity, and extremely expensive to purchase.
For labels to be classified as high fashion brands, designers must show their collection at one of the world's four major annual fashion weeks in Paris, Milan, London, or New York. New Idea brings you a list of the world's most famous fashion brands and what you need to know about each one before investing.
High fashion brands in the world
High fashion brands aren't just about cost, but of course, it can be astronomical. Haute couture or high jewelry, the epitome of craftsmanship and luxury for high fashion brands, is painstakingly worked for hours by many 'hands' in the atelier. Below, discover the High fashion brands in the world-
Rank | Brand | Industry |
1 | Gucci | Fashion |
2 | Dior | Fashion |
3 | Chanel | Fashion |
4 | Louis Vuitton | Fashion |
5 | Hermès | Fashion |
6 | Rolex | Watch |
7 | Tiffany | Jewelry |
8 | Prada | Fashion |
9 | Versace | Fashion |
10 | Ralph Lauren | Fashion |
11 | Armani | Fashion |
12 | Cartier | Jewelry |
13 | Valentino | Fashion |
14 | Balenciaga | Fashion |
15 | Estée Lauder | Beauty |
Gucci
Gucci
is one of the world's leading high fashion brands founded in Florence, Italy in 1921.
After the house's centenary, it continues to redefine fashion and luxury while
celebrating creativity, Italian craftsmanship, and innovation. Its product
lines include handbags, ready-to-wear, footwear, accessories, and home decor.
It licenses its name and branding to Coty, Inc. for fragrance and cosmetics
called Gucci Beauty. Under the direction of Guccio's son Aldo Gucci, Gucci became
a globally known brand, an icon of the Italian dolce vita. Due to family feuds
in the 1980s, the Gucci family was completely ousted from the company's capital
by 1993. In the 2010s, Gucci became an iconic 'geek-chic' brand. In 2019, Gucci
operated 487 stores for 17,157 employees and generated sales of €9.628 billion.
Marco Bizzarri has been CEO of Gucci since December 2014, and Alessandro
Michele has been Creative Director from January 2015 to November 23, 2022. It
is a subsidiary of the French luxury group Kering.
Dior
Christian
Dior SE, commonly known as Dior, is a French high fashion brand controlled
and chaired by French businessman Bernard Arnault, who also heads LVMH, the
world's largest high fashion brand. Dior itself owns 42.36% of shares and 59.01% of
voting rights within LVMH. The company was founded in 1946 by French fashion
designer Christian Dior, originally from Normandy. The brand only sells shoes
and clothing and can only be purchased at Dior stores. Haute couture falls
under the Christian Dior Couture category. Pietro Beccari has been the CEO of
Christian Dior Couture since 2018. In 2019, Revenue increased by €53.67
billion, Operating income increased
by €11.43 billion, Net income increased by €7.78 billion, Total assets increase
by €93.83 billion, Total equity decreased by €35.71 billion, and Number of
employees by 163,309.
Chanel
Chanel
is a French high fashion brand founded in Paris in 1910 by Coco
Chanel. It is a privately held company and world leader in the creation, development,
production, and distribution of luxury products. Founded by Gabrielle Chanel at
the beginning of the last century, Chanel offers a wide range of high-end
creations, including ready-to-wear, leather goods, fashion accessories,
eyewear, fragrances, makeup, skincare, jewelry, and watches. Chanel is also
famous for its Haute Couture collections, presented twice a year in Paris, and
for acquiring a large number of specialized suppliers, collectively known as
Métiers d'Art. Chanel is dedicated to ultimate luxury and the highest level of
craftsmanship. It is a brand whose core value has historically been based on
exceptional creations. As such, Chanel promotes culture, art, creativity, and
"savoir-faire" around the world and invests significantly in people,
R&D, and innovation. At the end of 2019, Chanel employed more than 28,000
people worldwide.
Louis Vuitton
Louis
Vuitton is the world's most high fashion brand and is a division of LVMH.
Its products include leather goods, handbags, trunks, shoes, watches, jewelry,
and accessories. Most of these are emblazoned with the LV monogram. It is one
of the most profitable brands in the world with profit margins north of 30%.
Louis Vuitton launched its first perfume in 70 years in 2016 and LVMH built a
state-of-the-art perfume factory to produce perfumes. Actress Emma Stone was
the star of Louis Vuitton's first fragrance film. The brand added men's
fragrances last year. Maison Louis Vuitton opened a new Paris flagship store in
2017 and the brand celebrates its 165th anniversary this year. Actresses Lea
Seydoux and Alicia Vikander continue to serve as brand ambassadors for Louis
Vuitton. In 2020, revenues increased to 14 billion euros and the number of
employees was 19,000 (2013).
Hermès
A
developer, craftsman, and seller of high-quality goods since 1837, Hermès is an
independent, family-owned French house that employs more than 16,600 people
worldwide. Driven by its enduring entrepreneurial spirit and consistently high
standards, Hermes fosters the freedom and autonomy of each individual through
responsible management. The company perpetuates the transmission of exceptional
knowledge through a strong regional presence that respects people and nature,
and sources exceptional materials. Sixteen artisans nurture the creativity of
the Métier house, whose collections are presented in more than 300 stores
around the world. It
caters to leather goods, lifestyle accessories, home furnishings, fragrances,
jewelry, watches, and ready-to-wear. In 2019, the brand was ranked 33rd on the
Forbes list of "World's Most Valuable Brands". In 2021, revenue
increased to €8.982 billion, operating income increased to €3.530 billion, net
income increased to €2.445 billion, total assets increased to €13.847 billion, and
total equity increased to €9.412 billion.
Rolex
A
leading Swiss luxury watch high fashion brand, Rolex enjoys an unrivaled reputation for
excellence, performance, and prestige. A pioneer of wristwatches since 1905,
the brand is the source of groundbreaking innovations in watchmaking, including
the first waterproof wristwatches and the Perpetual Rotor self-winding
mechanism. Founded in London in 1905 by Hans Wilsdorf and Alfred Davis as
Wilsdorf & Davis, the company registered Rolex as the brand name for its
watches in 1908 and became the Rolex Watch Company Limited in 1915. After World
War I, the company moved its base of operations to Geneva due to the
unfavorable UK economy. In 1920, Hans Wilsdorf registered Montres Rolex as the
new company name in Geneva which later became Rolex. Since 1960, the company
has been owned by the Hans Wilsdorf Foundation, a private family trust. In
2021, the production output of 1.05
million pieces, with revenue of $13 billion, and a number of employees of
30,000.
Ralph Lauren
Ralph
Lauren Corporation is an American publicly traded fashion company founded in
1967 by American fashion designer Ralph Lauren. The company, headquartered in
New York City, manufactures products from the mid-range to the luxury segment.
Ralph Lauren Corporation is a global leader in the design, marketing, and
distribution of luxury lifestyle products in five categories: apparel,
footwear, accessories, home, fragrance, and hospitality. For more than 50
years, Ralph Lauren has sought to inspire dreams of a better life through
authenticity and timeless style. Its reputation and distinctive image are built
across a wide range of products, brands, distribution channels, and
international markets. The company's brand names include Ralph Lauren, Ralph
Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL,
Lauren Ralph Lauren, Polo Ralph Lauren Children's, and Chaps, among others, one
of the world’s most widely recognized families of consumer brands. In 2018,
Revenue decreased by US$6.182 billion,
operating income increased by US$498
million, net income increased by US$163 million, total assets increase by
US$6.143 billion, total equity increased by US$3.457 billion, and the number of
employees by 18,250.
Armani
The
Armani Group is one of the world's leading fashion and luxury goods groups with
10,500 direct employees, 12 manufacturing facilities, and more than 2,704
boutiques in 60 countries. It is an Italian luxury fashion house founded by
Giorgio Armani in Milan that designs, manufactures, distributes, and retails
haute couture, ready-to-wear, leather goods, shoes, accessories, and home
interiors. It designs, manufactures, distributes, and retails fashion and
lifestyle products, including apparel, accessories, eyewear, watches, jewelry,
home interiors, fragrances, and cosmetics: Giorgio Armani, Emporio Armani, and
A|X Armani Exchange. Giorgio Armani is a high-end label specializing in men's
and women's ready-to-wear, accessories, eyewear, cosmetics, and perfumes. It is
available only in Giorgio Armani boutiques, specialty clothiers, and selected
high-end department stores.
Balenciaga
Founded
in 1917 by Spanish-born Cristobal Balenciaga and established in Paris in 1937,
the iconic French fashion house defined the concept of modernity and elegance
through the mastery of techniques and the use of innovative fabrics. With the
appointment of Demna Gvasalia as the collection's artistic director in 2015,
she continues Cristóbal Balenciaga's vision with her exquisite technique,
masterful cuts, and constant boundary-pushing. It offers women's and men's
ready-to-wear, handbags, shoes, accessories, eyewear, and a fragrance for
women, a subsidiary of Kering. Its headquarters are in Paris. In August 2021,
Justin Bieber was announced as the new face of Balenciaga. In May 2022,
Balenciaga announced that it accepts crypto payments. In October 2022,
Balenciaga announced that it was severing its relationship with Kanye West due
to his anti-Semitic comments.
Estée Lauder
Estée Lauder is the world's leading American manufacturer and marketer of quality skincare, makeup, fragrance, and hair care products. After L'Oreal, it is the second-largest cosmetics company in the world. The company began in 1946 when Estée Lauder and her husband Joseph began manufacturing cosmetics in New York City. They initially carried only four products: Cleansing Oil, Skin Lotion, Super Rich All-Purpose Cream, and Cream Pack. The company's products are sold in approximately 150 countries and territories under brand names including Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, Tom Ford Beauty, Smashbox, Erin Beauty, Le Labo, Editions de Parfums Frédéric Malle, GlamGlow, Killian Paris, Too Faced, Dr. Jart+ and the DECIEM family of brands. In 2020, revenue increased by US$14.29 billion, operating income increased by US$606 million, and the number of employees was 48,000.
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