Meet the Top Luxury Brands of 2020

Gone are the days when only high-personalities prefer to purchase from expensive brands. Now more people are leaning towards luxury and premium brands to make strong lifestyle choices. People buy luxury products and services from the brands they appreciate and trust. Now the question is, what are the top luxury brands of 2020?

The year 2020 is a strange and painstaking time for luxury brands. The industry has faced a remarkable decline in revenue. With the change in demand and supply patterns, the top brands of the world have shrunk in overall value.

 It is also an interesting time to show how the brands are making efforts to fit the moment. At the present time, people are moving to online shopping instead of visiting the stores, and it has helped many online businesses to sustain. Many luxury brands are focusing on online platforms to boost their growth. Here is an article with the top brands of 2020.

Top Luxury Brands

Brands play a vital role in the luxury industry. As compared to other products, premium goods and services are based on their fame and brand perceptions. Moreover, luxury brands also provide a feeling of prestige, status, and power. Below mentioned are the top luxury brands of 2020.

Louis Vuitton

This one is the name that needs no introduction. Louis Vuitton has become one of the top luxury and most prestigious brands in the world. With a strong business and marketing policy, the clothing brand is empowering the market. 

All the products of Louis Vuitton are so demandable and unique that they never lose fame. The brand offers the most expensive clothes and handcrafted handbags made with the best possible material. Other popular products include accessories, sunglasses, jewelry, luggage bags, shoes, and apparel.

Louis Vuitton launches new trends every season and shreds their old products to maintain the quality, class, and value of their products. With high manufacturing cost and minimal sales target 

Gucci 

We all know about the most glamorous and luxurious brand Gucci. It is not only the most expensive brand in the world but also a huge selling brand. Gucci is popularly known for its quality, class, and extraordinary designs. 

Gucci is the utmost choice of popular celebrities and models and is popularly used across the world. Famous persons in the fan list of Gucci include Rihanna, Harry Styles, Salma Hayak, Kylie Jenner, and Rachel Mcadams. 

The brand makes limited products of a particular design, which allows the users to stay unique always. Everyone loves Gucci, but not everyone can afford the brand. This Italian fashion brand has 550 showrooms and 3000 employees worldwide. 

Hermes

This top luxurious brand has also gained the reputation of the most expensive brand. The best thing about Hermes is that it is highly enthusiastic while protecting the culture and earth. The brand is a philanthropist and eager towards saving the earth. 

Hermes is a French fashion brand with fans from Kaylie Jenner to Victoria Beckham. It offers the most expensive handbags. The brand is popular for its unique orange box, which is its trademark. Gucci has around 315 exclusive stores across the globe. The popular products of the brand include perfumes, watches, clothing, jewelry, leather goods, lifestyle accessories, and home furnishings. 

Chanel

Chanel is the oldest and one of the elite fashion brands. Moreover, it is again the most popular brand. Hats were the first products of Chanel to become popular. Moreover, the iconic Chanel N5 perfume is popular worldwide. 

Chanel is a privately-owned brand with 310 exclusive stores across the globe. Many popular celebrities have worked with the brand, including Catherine Deneuve, Margot Robbie, Audrey Tautou, Kristen Stewart, Marilyn Monroe, and Vanessa Paradis. 

The brand is famous for its fabulous handbags, jewelry, accessories, perfumes, and shoes. Today Chanel is recognized worldwide for its masterworks on fashion and designs. 

Dolce and Gabbana

Dolce and Gabbana are one of the top high-end brands popular for its trendy fashion accessories and clothing. The brand has received amazing reviews for its fabrics and other materials. The brand launched limited products so that the customers can have unique pieces of their extremely expensive products. 

Some popular celebrities who wear Dolce and Gabbana include Madonna, Emma Roberts, Ashley Graham, Anne Hathaway, and many others. 

At the present time, Dolce and Gabbana is the official sponsor of Italy’s National Football. The brand faced certain controversies in the past few years, but it bever lost popularity and fame among the followers. 

Some popular offerings of Dolce and Gabbana include clothing, watches, perfumes, sunglasses, cosmetics, shoes, and accessories. You can get the collection in exclusive as well as online stores. 

Dior

Christian Dior, popularly known as Dior, is one of the top luxury brands. This high-end fashion brand has its retail stores across the globe and is available online also. The collections of Dior have signature embroidery and motifs. 

The brand has royal fans like Princess Diana. The brand earlier focused on women’s wear. But at the present time, it is working on men also. Dior offers premium collections and exclusive beauty product lines.

The product range of Dior includes clothing, accessories, luxury leather bags, skincare, and fragrance products. They offer clothing lines for children and men as well. The exclusivity about their clothing line is that you will find flowers in all the products. 

Versace

We all are aware of this popular luxurious brand. If you love pure leather suits, then this one is the perfect choice for you. Versace is one of the best clothing brands and is popular for supplying high-quality Italian materials for clothes. 

Jennifer Lopes represented the brand in Grammy, and since then, it is the most searched brand on google. The logo of this brand has a Greek mythology figure, which has an amazing significance. The fabric of the brand is profoundly popular due to which it offers expensive dresses. It is one of the most expensive brands in the world, and its buyers are either rich people or movie stars. 

Armani

This privately-owned Italian fashionable clothing brand provides the best kind of specific wear, which is best to boost up customer’s confidence level. The brand has a separate fan base for its menswear collection. 

The high fashion brand is recognized for its designer classic outfits. The main focus of Armani is on consolidating its brands. It has reduced the number of owned brands from seven to three. It is popularly known for its timeless and classic clothing. 

Popular products offered by the brand include clothing, perfumes, jewelry, and accessories. You can find the collection on their online stores and exclusive offline stores. 

Burberry

Burberry is a popular luxury brand in Britain. It offers classy and sophisticated clothing. Moreover, it promoted only British models in its fashion shows.

Celebrity fans of Burberry include Madonna, Rihanna, Carey Mulligan, and Julia Roberts. The regular faces for the brand are Care Delevigne, Irian Shayk, and Kendall Jenner. Burberry owns 498 showrooms worldwide.  

Burberry is a top seller for the men jacket. It also offers a wide range of products, including clothing, cosmetics, perfumes, accessories, and sunglasses. 

Prada

The rise of designer sneakers and athleisure has made Prada one of the trending brands in 2020. The brand has successfully captured new interests, which has inspired its new product lines and marketing campaigns.

The classic Prada handbag is popular across the globe. However, the other products offered by the brand include clothing for men and women, perfumes, footwear, travel accessories, and leather handbags.

Yves Saint Laurent

Yves Saint Laurent is one of the top luxury brands popular for finest Tuxedo suits. They are amazingly designed with perfect fittings. The brand is accountable for changing the perspective of women’s clothing. It was the first to come up with Women’s tuxedo jackets. 

The brand offers one of the best quality pure leather suits that are popular worldwide. Moreover, it is one of the fastest progressing clothing brands. It has introduced a mind-blowing diversity in ready-to-wear clothing. 

Other popular products of the brand include handbags, makeup, footwear, perfumes, and clothing for men and women. 

Jimmy Choo

This high-end fashion brand is popular for its footwear. Some popular fans of the brand include Princess Diana and George Bush. It has the most elite customer base as compared to other brands. 

The brand focuses on designing luxurious products to constantly manage customer loyalty. This British fashion brand offers a wide range of products, including handbags, perfumes, and men’s and women’s footwear. You can purchase the products from their exclusive offline stores or online website. 

Final Words

The competition among the top luxury brands is continuously increasing to keep themselves updated and secure in the hard fashion industry. The above-mentioned luxury brands are enjoying a significant customer base, including rich and famous celebrities.

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