Top 10 Luxury Brands in the World for 2015
Posted on October 13 2015
Owning items from luxury brands is not just about showing off your wealth. More than the glamour that they exude, owning them is all about a love for timeless style, quality materials, and exquisite craftsmanship.
Research firm Millward Brown ranked luxury brands all over the world based on their brand value. Here are the ten brands that lead the pack:
10. Tiffany & Co.
Brand Value: $3.2 billion
Charles Lewis Tiffany founded Tiffany & Co. in 1837. It started out as a fancy goods emporium. Today, Tiffany and Co. is known for their fine jewelry that’s enamored with the finest materials such as diamonds and colored gemstones.
Tiffany & Co. is widely known as a jewelry retailer, but the brand also specializes in other personal accessories, china, stationery, fragrances, water bottles, leather goods, and even sports trophies.
Even if Tiffany & Co. has been in the market long, you can expect them to come up with dazzling new designs that will surely make you swoon, just like their Open Circle Diamond Necklace.
9. Michael Kors
Brand Value: $3.8 billion
Michael Kors is one of the multi-awarded fashion designers based in New York City. His brand was first launched in 1981.
The brand started as a women’s fashion line, but after experiencing a bankruptcy in 1993 and working for Celine from 1997 to 2003, Michael Kors got back up and focused on building his brand again.
Michael Kors is well loved by a wide audience for his unique style, which is sophisticated and chic with a touch of casual elegance. He has taken the fashion industry by storm with his ready to wear fashion line, bags, footwear, watches, eyewear, fragrances, and jewelry.
Whether you’re going for a laid-back get-together or an evening gala, you can find something in Michael Kors’ collection that will give oomph to your look.
Brand Value: $5.7 billion
Burberry is an iconic British brand that’s been making waves throughout the globe for 159 years. Thomas Burberry established the brand in 1856. Today, they have more than 500 stores in over 50 countries.
Burberry became famous because of their trench coats, but the fashion house also specializes in bags, sunglasses, cosmetics, fragrances, and fashion accessories.
What sets Burberry apart from other luxury brands is their signature plaid design. So whether it’s on a poncho or a handbag, you’ll know that it’s Burberry because of their iconic tartan pattern—a trademark that’s a fashion statement all on its own.
Brand Value: Brand value: $6.5 billion
Prada is an Italian luxury brand and is one of the leaders in the fashion industry. Mario Prada established the company in 1913 and it first launched as a leather goods shop.
From 1913, Prada has evolved into a fashion house of men and women’s apparel, bags, luggage, shoes, accessories, perfumes, and watches.
Prada is known for bold designs and breaking fashion rule-of-thumbs that most designers wouldn’t even think of doing. But what makes them a leading brand is the diversity in their collections. With Prada, you can find looks not just for the runway, but also casual styles that are more relatable to the market.
Miucca Prada, granddaughter of Mario Prada, currently owns the fashion house. The brand has a sister company called Miu Miu, which is a less expensive line and caters to a younger and funkier demographic.
Brand Value: $7.6 billion
Louis-François Cartier established Cartier in Paris France in 1847. This luxury brand became famous for jewelry and watches.
Cartier became a legend in the fashion industry because of their timeless designs and exceptional craftsmanship. Because of that, royalties and celebrities sought after their pieces. In fact, King Edward VII of England dubbed Cartier as “the jeweler of kings and the kings of jewelers.”
Today, Cartier has 200 stores in 125 countries. Aside from their signature collections of jewelry and watches, their product line also includes leather goods such as handbags and belts, eyewear, writing instruments, cufflinks, lighters, key rings, money clips, and fragrances.
Brand value: $8.5 billion
Rolex was originally known as Wilsdorf and Davis when Alfred Davis and Hans Wilsdorf launched it in 1905. In 1919, Rolex’s operations moved to Geneva, Switzerland.
Rolex became a sought-after luxury brand today not just because of the mastery of their craft, but also for the innovations they contributed in the watchmaking industry.
Some of their remarkable breakthroughs include the first waterproof wristwatch called the Oyster in 1926 and being the first watchmaker to get a chronometer certification for a wristwatch in 1910. In addition, Rolex is also appointed as official timekeeper of some of the world’s prestigious events such as the Wimbledon and Australian Open.
Rolex is known for incorporating functionality and style in their creations. Their watches are made intricately with the finest materials to meet their specific purposes.
Rolex have a vast collection of luxury watches to suit different lifestyles. They have models designed for outdoor and sports activities, formal occasions, and everyday casual wear. Although their watches differ in design and specialization, all of them have the same DNA that made Rolex the legend in watchmaking that we know today.
Brand value: $8.9 billion
Couturier Gabrielle “Coco” Chanel founded Chanel in 1909. For 106 years, this luxury brand has been consistent in creating elegant masterpieces both in haute couture and everyday fashion.
Chanel became famous for revolutionizing fashion in the 19th century for deviating from structured and corset-type bodice, and creating pieces that are more comfortable, functional, but still highlights and compliments a woman’s body.
Chanel is also known for the LBD (little black dress), a fashion staple until today, and the perfume No.5 de Chanel. Another famous creation from the brand is their quilted bag such as the Chanel Bronze 2.55 Reissue Quilted Classic 226 Flap Bag.
Aside from haute couture and ready-to-wear garments, Chanel also sells fragrances, colognes, cosmetics, jewelry, bags, watches, and other fashion accessories.
Brand Value: $13.8 billion
Guccio Gucci started the luxury brand Gucci in Florence, Italy in 1921. The fashion house became known for high-end quality leather goods and other fashion products.
The brand has a vast collection of men and women’s clothing, handbags, small leather goods, luggage, footwear, jewelry, watches, eyewear, fragrances, cosmetics, and children’s clothing.
Even though Gucci’s style is the epitome of contemporary and sultry glamour, each piece is created with the finest materials and traditional Italian craftsmanship. Most of their designs are embellished with their G-logo, which is one of their signature trademarks.
Gucci has a high following among celebrities, which contributed much to its success.
Brand value: $18.9 billion
Initially, Hermès started out as a manufacturer of horse harnesses in 1837 situated in Paris. Thierry Hermès founded the brand.
Today, Hermès is well known for a wide variety of fashion prodcuts ranging from their signature leather goods, fragrances, scarves, cravats, to crystal lighting and glass.
What sets Hermès apart is the time and effort that they put into their pieces, which are all handmade. In fact, a handbag requires 18 to 24 hours production time, and buyers would have to wait for six to twelve months before receiving their orders. All of their products are artisanally made with the finest materials that they source from different parts of the globe.
With each Hermès luxury item comes the heart and soul of its makers, which makes the pieces more valuable. True enough, Hermès proves that beautiful things take time and are definitely worth waiting for.
1. Louis Vuitton
Brand Value: $24.7 billion
Louis Vuitton is dubbed as the most valuable luxury brand in 2015. Louis Vuitton, the founder, began this company in 1854 in Rue Neuve des Capucines in Paris, France.
The brand became celebrated for creating stackable, voyage-friendly, and airtight trunks and luggage. Overtime, it has evolved into a fashion powerhouse that offers a wide array of luxury products such as clothing, shoes, watches, jewelry, accessories, and eyewear.
Today, Louis Vuitton is famous for the iconic LV monogram that appears on their luggage, trunks, handbags, and other goods. Numerous celebrities, prominent people, and fashion icons have sported the signature emblem for so many years, thus making LV creations, especially their bags, fashion must-haves. Perfect example of which is the Louis Vuitton Damier Ebene Trevi PM Handbag—a piece that you can either dress up or dress down.
If you have a penchant for things made with excellence and a flair for being stylish and elegant, make sure to stock your arsenal with the essentials from these ten luxury brands. You can begin your shopping right here at The Relux. Included in our selection are some of the most iconic pieces from these fashion legends.
What items do you love most from these brands? Please share it with us on the comments.