Mark Twain famously said, “Clothes make the man. Naked people have little or no influence on society.” The high-end outfits not only add glamor and sophistication but also speak volumes about you. The most expensive clothing brands and fashion labels are associated with prestige, fashion sense, wealth, power, and status. Only a small percentage of the world’s population can afford to buy them. Here we take a look at the top 10 most expensive clothing brands on the planet.
Top 10 most expensive and high end clothing brands
This Italian brand was started by Giorgio Armani in 1975. If you see someone wearing the Armani apparel or fashion accessories, you instantly know that they belong to the premium segment of the society. Before launching his own brand, Giorgio Armani worked for various Italian brands designing men’s wear.
Today, it has an extensive range of clothing, perfume, and fashion accessories and more than 2,000 stores around the world. Armani is one of the world’s most coveted fashion brands. Famous celebrities such as Michelle Pfeiffer and Richard Gere have often flaunted their Armani pieces. The brand has many sub-labels such as Emporio Armani, Armani Exchange, Armani Collezioni, Armani Kids, and others.
Walter Schloss isn’t a name many investors will have heard today. Schloss was one of the great value investors who trained under Benjamin Graham and specialized in finding cheap stocks. His track record was outstanding. In Warren Buffett’s 1984 essay, the Super Investors of Graham-and-Doddsville, he noted that between 1956 and 1984, Schloss’s firm returned Read More
Another Italian luxury fashion brand much loved by celebrities around the world. Started in 1978 by Gianni Versace, popular celebrities such as Princess Diana, Madonna, Tina Turner, Michael Jackson, Jennifer Lopez, and Elton John have been seen flaunting their Versace pieces. More than 40 years after its founding, Versace remains one of the biggest trendsetters in the fashion industry. Princess Carolina of Monaco also has a vast Versace collection. Gianni Versace was one of the first people to recognize the importance of movie stars in the fashion industry. No wonder Versace is one of the world’s most expensive clothing brands.
8- Ralph Lauren
Ralph Lauren’s silk gowns and Polo shirts are popular among the rich and famous around the world. Ralph Lauren was in the Army before he joined the Brooks Brothers as a salesman, and later began making fashion statement ties for men. He launched his own venture in 1971 with a Polo logo because he was inspired by Polo. He then designed clothing for many other sports events such as the Olympics, US Open, and Wimbledon. The Ralph Lauren clothes, perfumes, and accessories represent the aura of timeless style.
This French brand was founded by designer Christian Dior in 1946. While the Dior line is primarily for women, the company later launched ‘Baby Dior’ for kids and ‘Dior Homme’ for men. The brand is associated with wealth, status, and power, which explains why it’s one of the world’s most expensive clothing brands. It makes leather goods, footwear, ready-to-wear, timepieces, cosmetics, jewelry, accessories, and skincare products.
This fashion brand was started by Mario Prada in Milan, Italy in 1913. Prada specializes in ready-to-wear, shoes, perfumes, travel accessories, perfumes, timepieces, and other products for the elite. Its famous Ostrich leather bags sell for around $10,000 apiece. The brand is popular among fashion lovers around the world. It operates more than 600 fashion boutiques all over the world. The company generates about $4 billion in annual revenue.
The name Chanel has been associated with luxury and premium fashion for more than a century. It was founded by Coco Chanel in 1909 in Paris with the launch of perfumes and the Chanel suit. The company has adapted to changing fashion trends over the last century and remains one of the most loved luxury brands. One of their most popular and expensive items is The Chanel ‘Diamond Forever’ Classic bag. Coco Chanel’s luxury apparels focus on comfort as well.
This French luxury manufacturer was founded in 1837 by Thierry Hermes and it’s still controlled by the Hermes family. It specializes in making high fashion leather bags, ready-to-wear, perfumes, timepieces, home furnishing, jewelry, and lifestyle accessories. Its iconic carriage symbol reminds you of the company’s humble beginnings as a saddlery manufacturer. In 2011, the Hermes Birkin bag was sold for $203,150 in an auction. Hermes is known for excellence.
3- Louis Vuitton
Louis Vuitton is arguably the most famous name in the fashion world. The French fashion house was established by Louis Vuitton in 1854. The company makes luxury handbags, ready-to-wear, leather goods, shoes, sunglasses, watches, and jewelry. It operates about 500 stores in more than 50 countries. Well-known models and celebrities such as Angelina Jolie, Sarah Jessica Parker, Kim Kardashian and many others have called LV their favorite brand. The Tambour Monogram watches cost upward of $26,000 and some of their bags cost more than $10,000.
Gucci has been at the forefront of the fashion industry for almost a century. The Italian brand was founded by Guccio Gucci in 1920 and opened its first store in 1921. He was an immigrant hotel worker in Paris, where he was fascinated by the premium handbags customers would bring. It makes high-end apparels, bags, shoes, and other items for the ultra-rich. Gucci products are known to be as comfortable and fashionable as they are expensive. You can often see Hollywood stars flaunting their Gucci pieces and bags in front of the media.
1- Oscar de la Renta
By far the most expensive fashion brand out there. Fashion designer Oscar de la Renta rose to international fame in the 1960s when he started dressing the First Lady Jacqueline Kennedy. Oscar de la Renta is known for designing timeless wedding dresses and formal evening attire. Celebrities have often been seen flaunting the de la Renta pieces on occasions such as the red carpet and presidential inaugurations. Amal Clooney’s wedding dress was designed by Oscar de la Renta.
These are the most expensive clothing brands in the world. Most people can’t afford to buy their apparels or accessories. But there is no denying that these are in the wish list of most fashion lovers.