Prada’s tagline is “Thinking Fashion since 1913,” which is incredibly apt considering how fashion-forward this brand is. The company follows a series of ethical principles, including acting with responsibility and integrity, complying with regulations and laws, respecting the rights and dignity of individuals, respecting our natural environment, getting involved in sustainability initiatives, and respecting business confidentiality. That’s why it’s such a popular brand today on our luxury brand ranking. Gucci might have founded the brand, but the Florence fashion house flourished due to its son, Aldo Gucci, which later spread worldwide. to produce cosmetics and fragrances as Gucci Beauty. The Italian brand sells home decorations, stylish accessories, footwear, ready-to-wear fashion, and handbags.

Gucci is one of the most beloved fashion houses on the planet. In a separate piece of Statista data from May 2023, the luxury fashion segment brought in $97.23 billion in 2022 and is expected to reach $111.45 billion in 2023.īetween 20, the compound annual growth rate or CAGR of the luxury fashion segment is expected to continue growing year over year by 5.62 percent, which is quite a healthy margin. Yet when you look deeper into luxury fashion brands, their dominance over the popularity department shouldn’t come as so much of a surprise.Īccording to an early 2023 report from Statista, in 2021, the worldwide luxury fashion market saw a huge bounce back from the COVID-19 pandemic, increasing revenue to almost $92.69 billion that year. The only one that isn’t is Harrods–a luxury retail brand. Nine out of the top 10 in this list are fashion brands.

Now, let’s explore the epitome of luxury and style, by going over the top 34 luxury brands that have ranked well in popularity: The Top 34 Most Popular Luxury Brands Luxury Brand Ranking Want to know more about how your favorite brand is perceived? Luxury brand rankings are typically determined by a blend of key factors that reflect each brand’s market position, reputation, and overall value.īrands are meticulously ranked based on their performance in these areas. Exploring the landscape of luxury brand rankings can be both exciting and complex.īut have you ever paused to consider what truly defines a luxury brand’s elite status?

Lancome haute all done