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Top 7 Luxury Fashion Brands and Their Legacy in 2024

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Luxury Fashion Brands

“Elegance is not standing out, but being remembered.” This is exactly what luxury fashion brands are all about! This $104.5 Billion industry is a world where designers elevate your style and set a standard of sophistication after which you will be remembered not just appreciated.

In this blog, let’s take a journey through the top luxury fashion brands ruling the industry ever since and even today. These labels are reshaping the fashion industry with their touch of heritage.

The brands that not just make clothing but legacies! Are you ready to feed your curiosity about the brands that are on the list and what sets them apart from the rest? Let’s quickly get started!

Top Luxury Fashion Brands of All Time

1. Louis Vuitton

Louis Vuitton

  • Founder: Louis Vuitton
  • Current CEO: Bernard Arnault
  • Launch Year: 1854
  • Headquarters: Paris, France
  • Recent Annual Revenue: $ 93.243 Billion

Louis Vuitton is one of the leading luxury fashion brands dominating the fashion industry. Indeed, LV sets its mark as it combines tradition and innovation in its designs. Especially this brand is best known for its extraordinary craftsmanship. Every stitch in the product says about the legacy of its quality and gives you a feel of luxury!

Back then Vuitton himself reformed fashion by replacing the rounded-topped trunks which were common at that time with the creation of flat-topped trunks making them easy to transport and stack.

The brand is globally recognized for its leather goods, exclusive clothing, and classic accessories that never go out of style. LV is always significantly impacting fashion and culture by collaborating with extraordinary artists and designers to stay true.

Today, the exclusive monogram of Louis Vuitton (LV) is not just a logo but a status symbol. LV has never failed to maintain its reputation as the leading luxury brand in the industry for over a century now.

2. Dior

Dior

  • Founder: Christian Dior
  • Current CEO: Delphine Arnault
  • Launch Year: 1946
  • Headquarters: Paris, France
  • Recent Annual Revenue: $ 92.29 Billion

Firstly, we all know Dior makes its mark as one of the luxury fashion brands that celebrate women. The brand is known for its touch of elegance and luxury in its clothes. Christian Dior gained fame by reshaping the fashion back then with his ‘New Look’ which made smaller waist and fuller skirts.

In addition to clothes, the brand is also known globally for its amazing luxury perfumes. Dior’s J’adore scent is simply mindblowing. Also, in the brand’s innovation, we get to see a combination of classic styles and trends of modern today.

Indeed, Dior is always the favorite one for all walking the red carpet. Having creative directors, Dior keeps surprising the world with its new and exciting fashion collections.

3. Coco Chanel

Coco Chanel

  • Founder: Gabrielle ‘Coco’ Chanel
  • Current CEO: Leena Nair
  • Launch Year:  1913
  • Headquarters: London, United Kingdom
  • Recent Annual Revenue: $ 19.4 Billion

Coco Chanel! Indeed, the luxury brand that redefined fashion for women with comfortable yet smart clothing. The brand is popular for the ‘Little Black Dress’ and the ‘Classic Chanel Suit’. Their designs have not only become a status factor over the years but also a symbol of universal elegance.

The brand’s most creative innovation in fashion is the replacement of the corsets with stylish clothing that also gave them freedom of movement. The designs by Coco Chanel were not only the result of her bold lifestyle but also the influence of her connection with the artists of her times. Therefore this made the brand a cultural icon.

Undoubtedly, they make some of the best fragrances in the world! We all know that their special ‘Chanel No. 5’, created in the year 1921 is not only popular but rules every lady’s heart. This perfume leaves you with an essence of sophistication earning you all the attention.

Therefore, even today this luxury brand follows the vision of its founder with the same creativity and innovation after the founder of the brand is long gone. Moreover, this makes it one of the leading luxury fashion brands in the world.

4. Hermès

Hermès

  • Founder: Thierry Hermès
  • Current CEO: Axel Dumas
  • Launch Year:  1837
  • Headquarters: Paris, France
  • Recent Annual Revenue: $ 14.35 Billion

Firstly Hermès started the fashion journey by making bridles and harnesses of high quality. The brand is well-known for its remarkable craftsmanship! Especially the products made of leather.

Undoubtedly, Hermès being the first to introduce a zipper in France, made a huge difference in the world of fashion and useability. Importantly, this brand is exclusively known worldwide for its luxury products like ‘Birkin Bags’. Above all, Hermès is a family-owned brand that never fails to ensure consistent product quality and keep up with its heritage.

In addition to great leather products, this luxury brand also offers perfumes, silk scarves, and ready-to-wear garments. You can still experience the love they have towards the brand’s heritage and deep roots in the logo which has a ducal carriage with horse. This brand is successful in maintaining its reputation over time and therefore is considered one of the best luxury fashion brands in the world.

5. Gucci

Gucci

  • Founder: Guccio Gucci
  • Current CEO: Jean-François Palus
  • Launch Year: 1921
  • Headquarters: Florence, Italy
  • Recent Annual Revenue: $ 7.1 Billion

Gucci is the result of its founder’s inspiration from the elegance he saw around while working as a lift boy in London’s Savoy Hotel. Gucci, starting its journey focusing on making leather goods of high quality shows us all the excellence of Italian craftsmanship.

Moreover, this legendary brand came into the limelight after introducing its classic bamboo handle handbag and its legendary green-red-green stripe which has become its identity in the market. Its interlocking GG logo has become a status symbol today.

Also, the brand has been a part of pop culture! May it be in music or movies, we all know this brand’s significance is way beyond the fashion industry.

Gucci’s ability to reinvent itself while not forgetting its roots is the reason behind the brand’s extraordinary existence today.

6. Prada

Prada

  • Founder: Mario Prada
  • Current CEO: Andrea Guerra
  • Launch Year: 1913
  • Headquarters: Milan, Italy
  • Recent Annual Revenue: $ 4.50 Billion

Mario and his brother Martino Prada got started with a small shop selling leather-made goods. In just 6 years the shop became so famous that even the Italian Royal House became their client for their impressive products of high quality.

Importantly, today Prada is one of the luxury fashion brands in the world. It stands out from the crowd because its products are not just fancy and luxurious but also functional. The brand is passing down the generations and therefore Miuccia Prada, Mario’s granddaughter adds her own touch of luxury and sophistication to the brand.

Today Prada does not just limit itself to fashion but is also a symbol of style we experience even in movies and music. To this day we see the global presence of the brand well known not only for its luxurious touch but also for its ‘Prada Green’.

7. Burberry

Burberry

  • Founder: Thomas Burberry
  • Current CEO: Jonathan Akeroyd
  • Launch Year: 1856
  • Headquarters: London, United Kingdom
  • Recent Annual Revenue: $ 3.88 Billion

Burberry is known for its smart innovations in fashion like ‘gabardine’ in 1979, a fabric that is strong and waterproof but is also breathable. And, its iconic trench coats are worth all attention! This brand also gets ‘royal warrants’ to show the approval of the quality and royal love towards the products.

The pattern of Burberry’s checks is still ruling the industry. Moreover, celebrities usually use this brand in their movies, music, etc making it a cultural symbol and one of the well-known luxury fashion brands.

Additionally, the brand also made gears for outgoing and adventurous people like aviators. Today Burberry is known globally and is a choice of many like us.

End Note

As we conclude our journey through the top luxury fashion brands in the world, we realize luxury clothing is not just a piece of fashion but a classy way of life!

Well, may you be an expert fashionista or just getting to know about luxury styles, there is always something special about luxury brands. Without a doubt, the elegance of it will hook you for life!

So, just enjoy your unique style today and pamper yourself with the love of luxury fashion that you deserve in life!

Simran Khan