What Is The Richest Clothing Brand? Top 10 Richest Designer Brands
Fashion is a gigantic business, all thanks to the millions of label-loving people. Tight jeans, baggy pants, leather jackets, overcoats are some of the memorable trends that had dressed up generations of stylish people. In this article, we have listed some of The Richest Fashion Brands in the world. These are the brands that have made billions out of putting style in our clothing and have set the trends. If you are wondering who is the richest designer in the world as well then you must be knowing that if you are working for these brands you get paid very well.
Here Are The Top 10 Richest Fashion Brands That You Probably Have Helped Get Really Rich:
1. LVHM: Worth $37.14 Billion
It is not a coincidence that Louise Vuitton’s logo is made of gold-a color associated with wealth and luxury. Their products sell for really high price so it is known as one of the most expensive fashion brands as well. Thus, LV is the richest fashion brand and in fact, is one of Forbes’ ten most valuable brands in the world last year. It sells clothing, jewelry, luggage, and perfumes and is the Richest Fashion Brand in the world.
2. H&M: Worth $18.82 Billion
Hennes & Mauritz AB commonly know as H&M is a Swedish multinational clothing-retail company known for its fast-fashion. It operates in 74 countries with over 5,000 stores under the various company brands selling “disposable fashion,” that is, it continuously updates its designs to project a trendsetter look. Even though it is mass fashion and one of the less expensive fashion brands, it garners the big bucks as everyone prefers to shop from here due to its pricing.
3. Kering: Worth $15.65 Billion
It is an international group based in Paris that specialized in luxury goods and sustainability. Amongst the brands that Kering owns are Gucci, Yves Saint Laurent, and Sergio Rossi brands for fashion, and Puma, Cobra Golf, and Volcom for sports.
4. GAP: Worth $15.65 Billion
It is one of the most iconic fashion brands and is majorly popular among the younger generation. It was originally an exclusive retailer for Levi’s until the shop started to sell its own upscale jeans at the expense of Levi’s. Fashion is the youth’s function, which makes The Gap richer than Levi’s.
5. Christian Dior: Worth $11.91 Billion
Christian Dior SE, commonly known as Dior, is a French luxury goods company and is popular for its stylish perfumes and cosmetics. It first gained fame for its shapes and silhouettes, creating voluptuous styles as opposed to the boxy shapes in post-war Europe. Dior holds 42.36% shares of LVMH.
6. Richemont: Worth $11.83 Billion
Compagnie Financière Richemont SA, also known as Richemont, is a Switzerland-based luxury goods holding company. Through its various subsidiaries, Richemont produces and sells jewelry, watches, leather goods, pens, firearms, clothing, and accessories. The Swiss company is the owner of some of the world’s most luxurious fashion brands, such as Baume & Mercier, Jaeger-LeCoultre, IWC, Piaget, and Montblanc.
7. Estée Lauder: Worth $9.71 Billion
From clothing to perfumes, makeup, and skincare, Estée Lauder is one of the first fashion labels to offer a wide variety of items. The company also owns luxury cosmetics, such as Bobbi Brown, Clinique, M.A.C., and Jo Malone. The company made a whopping $10 billion in gross sales in 2013 alone.
8. Ralph Lauren: Worth $8.2 Billion
The Ralph Lauren Corporation is an American fashion company producing products ranging from the mid-range to the luxury segments. It started out with making rags into ties, which makes the fashion and lifestyle label a true rags-to-riches American Dream personified. Today, the Ralph Lauren Group has a total of 17 fashion brands and 4 lifestyle brands across 493 directly operated stores in 30 countries
9. Phillips-Van Heusen: Worth $6.04 Billion
Phillips-Van Heusen Corporation is an American clothing company that owns brands such as Van Heusen, Tommy Hilfiger, Calvin Klein, IZOD, Arrow, Warner’s, Olga, True & Co., and Geoffrey Beene. 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.
10. Coach: Worth $4.76 Billion
The Coach IP Holdings LLC is an American company specializing in luxury accessories such as handbags. It’s the favorite of celebrities like Christina Hendricks and Elisabeth Moss for its durable and elegant handbags and wallets, among others.
Fashion has always been a way of portraying wealth and luxury. This was our list of the Top 10 Richest Fashion Brands catering to the wants of millions of people. If you wanted to know who is the richest designer in the world, it could be you as well. Just join any of these fashion brands!