There are always a few brands that stay out of our reach. We crave them and aspire to earn enough in order to afford them.
But if you already have the finances to splurge on these amazingly expensive brands, then these are the top 10 brands you need to be spending your money on. These are the most expensive brands, mostly handbag manufacturers and have a huge brand value. In this list the brand value increases as you go down.
1. Coach – Brand Value: $3.2 Billion
This is an America based leather goods company with a value of about $3.2 billion; they recently produced the most expensive range of bags which cost approximately $20, 00. If you go into this store, a minimum of $500 will be spent.
2. Fendi – Brand Value: $3,6 Billion
This is an Italian luxury fashion house with an approximate value of $3.6 billion. Based mainly out of Italy, their famous Fendi “baguette” handbags sell for an insane amount of $2000 to $5000 per piece.
3. Burberry – Brand Value: $4.1 Billion
Burberry is one of the most famous fashion houses and is originally from Britain. With a total brand value of $4.1 billion, it has three brands Burberry Prorsum, Burberry London and Burberry Brit under it.
The famous Burberry coat made of peacock feathers sells for a whopping $35000 and is a prominent handbag manufacturer as well.
4. Cartier – Brand Value: $6.3 Billion
This is one of the most famous French jewellery and watches designer and manufacturer. With a $6.3 billion brand worth, their Cartier watch Tank Anglaise sell for about $32000 and has a fine collection of jewellery.
5. Chanel – Brand Value: $7 Billion
A French company originally founded by Coco Chanel is a famous luxury goods brand with their trademark being the No. 5 de Chanel trademark perfume.
With a brand value of $7 billion, its most expensive item sold is the “Chanel Diamond Forever” classic bag for approximately $2, 61, 00.
6. Rolex – Brand Value: $7.9 Billion
This is one of the most renowned watch brand; that design, manufacture, distribute and service watches. A Swiss brand with a value of $7.9 billion, they have a collection selling up to an approximate $53,000.
7. Prada – Brand Value: $9.4 Billion
This is an Italian luxury fashion and handbag manufacturer with a net worth of $9.4 billion. This brand was placed at number 95 in Brandz list of Top 100 most valuable global brands. Their famous ostrich leather bag goes for $10,000 a piece.
8. Gucci – Brand Value: $12.7 Billion
Gucci has the third highest brand value in the world, an approximate of of $12.7 billion.
The Gucci crocodile shoulder bag sells for approximately $35,000.
9. Hermès – Brand Value: $19.2 Billion
This is another French luxury manufacturer and is the second most valuable luxury brand in the world with a brand value of $19.2 billion. A signature Hermès bad sells for approximately $4,420.
In 2011, Hermès set a world record by auctioning one of their Birkin bag at a price of $2, 03,150 and was the most expensive purse that was sold at an auction.
10. Louis Vuitton – Brand Value: $28.4 Billion
Louis Vuitton, or LV, is a French fashion house with a brand value of $28.4 billion and is the most valuable luxury brand in the world. It ranks number 10 on Forbes list of The Most Valuable Luxury Brands 2013.
Louis Vuitton bags usually sell for $10 000, and their Tambour Monogram watches collection ranges between $26, 000 to $29,000.
So, if you have the money then go ahead and splurge on one of these brands. F you don’t and read the article, don’t worry, there are in budget items for you to buy. Check out the collection at VogueCrafts.com