In 2006, the top 100 most brands report was published by brand equity firms. The contribution of dollars in business determines a brand's rating. In June 2020, a new study of the world's most popular brands was published. Following are the top 10 luxury labels.

PRADA: Prada launched its first business in Milan, Italy, in 1913. Jewelry, purses for travel, handbags for sale, and other items are all part of the brand. The brand mostly sells women's shoes and apparel. Patrizio Bert Elli, who earns in the double digits, is now the company's owner.

BURBERRY: Thomas Burberry is the name of the brand. In 1856, he was just a 21-year-old lad when he founded a business in London. It was the creator of the water-resistant gabardine fabrics. Barak Obama and Beyoncé were offered the same high-end clothing worn by Queen Elizabeth.

YVES SAINT LAURENT: The brand is also known as Yves Saint Laurent after the French designer. The company was founded in 1961. Soon began by selling ready-to-wear clothing for men and women, and it became known for producing female tuxedo outfits. Later on, it began to market opulent items for both men and women.

Christian Dior: Christian Dior was founded in 1947 in Paris by French fashion designer Christian Dior. Originally, the brand was known as New Look. Females' long skirts, waists, and tight-fitting coats were among the first items to be sold. Leather items, handmade jewelry, fragrances, and skincare products are now included.

Cartier: Louis Francois Cartier, a young Persian, founded Cartier. He was a watchmaker who purchased a modest store to sell watches. He later launched his business by creating a store where he sold watches and jewelry. Following him, the brand was passed down to Louis's son, and subsequently to his grandson. Financier Richmond now owns the company.

Rolex: Hans Wilsdorf, a London-based watchmaker, invented Rolex. He was a watchmaker by trade. Rolex was chosen as the brand name since it is easy to say in any language. Initially, the brand sold waterproof wristwatches, but after some revisions, it began designing timepieces for professional activities such as deep-sea diving, flying, and others in 1950. Private Wilsdorf Foundation now owns the business.

GUCCI: Tom Ford founded Gucci in 1920 in Florence, Italy, and is known for selling leather products and ready-to-wear clothing.

HERMES: Founded in 1837, Hermes is one of the oldest brands. The brand began by selling little square silk scarves to introduce its product. Hermes is the most well-known fashion brand in the world today. Leather goods, wristwatches, fragrances, jewelry, ready-to-wear clothes, and a variety of other items are among the items it sells. The brand auctioned off white crocodile and palladium purses in 2019.

CHANEL: It was founded in 1910 in Paris by teenage fashion designer Gabrielle Chanel. It was first known for producing hats that were popular among the actresses of the period. In 1921, the business released its distinctive Chanel NO5, which became one of the most famous perfumes in the world.

LOUIS VUITTON: Louis Vuitton is one of the most valuable luxury brands in the world. Louis Vuitton founded the company in 1854. Initially, it was widely used in the manufacture of travel trunks. The trunks were popular because they were light, airtight, and had a flat top that made stacking easier. In 1886, the business introduced a tumbler lock system to its travel trunks. Louis Vuitton is today known for its unique items, such as shoes, leather coats, purses, jewelry, perfumes, and ready-to-wear. Bernard Arnault, the world's third-richest person behind Jeff Bezos and Bill Gates, owns the brand now.

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