14 Most Expensive Fashion Stores in the World

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Whether it’s a new pair of shoes, a beautiful handbag or a classy dress, most people love to have nice things. Fashion can reflect status, power and wealth. For a small luxury retail store it is easier to be successful than an average or large store, which is why fashion chains around the world have become increasingly popular.

It is also more than a lifestyle to some people. Fashion is a chance to express individuality, experiment and explore the world around them. It’s a huge  industry that has grown with the times and now reaches far beyond clothing itself.

Those who want to follow the path of the rich will look at the luxurious boutiques where clothes are designed and made by famous designers like Hermès, Gucci and Louis Vuitton, among others. But before deciding which one to visit, here is the list of the most expensive fashion stores around the world:

14. Burberry

Net Worth: $8.1 billion
Country of Origin: Basingstoke, United Kingdom
Year Founded: 1856
Founder: Thomas Burberry

Burberryphoto source: bloomberg.com

Burberry is a luxurious British company that manufactures apparel, cosmetics, accessories, and fragrances which is headquartered in London. Thomas Burberry, then age 21, established the company in 1856.

Apart from the fact that the brand has 498 showrooms globally, many famous people, like Madonna, Carey Mulligan, Rihanna, and others, support the brand and are regular clients. Uncountable occasions include appearances at premieres, galas, and events where these celebrities sport the Burberry line of clothing.

Their goal is to unleash the power of creativity to push boundaries and provide new opportunities for their employees, customers, and communities. From creating outerwear that enabled daring men and women to transcend the limits of human endeavor to becoming a luxury pioneer in the digital realm.

Additionally, quite a few models who are well-known across the world have consistently acted as the brand’s faces. Right now, it’s unquestionably among the greatest and most popular apparel companies in the world.

Did You Know?

Burberry established their first store in Paris in 1909 at 8 Boulevard Malesherbes.


13. Giorgio Armani’s

Net Worth: $9.6 billion
Country of Origin: Milan, Italy
Year Founded: 1975
Founder: Giorgio Armani

Giorgio Armani'sphoto source: The Moodie Davitt Report

Through its exceptional design, timely themes, and fashion-forward trends, the Giorgio Armani’s store, owned and operated by the original designer Giorgio Armani, has earned a revered place in the fashion world.

Armani initially met Sergio Galeotti in the late 1960s, and the young designer was inspired by him to open his own design studio in Milan in 1973. In 1975, they established Giorgio Armani S.p.A. and unveiled their first men’s and women’s clothing line.

Armani offers a variety of high-end clothes, accessories, jewelry, and aftershaves in a classic, refined design. The business prides itself on “offering quality, refinement, and style—timeless values with universal appeal.”

The company had more than 200 stores across the world by the end of the 1990s, selling his various clothing lines, including Emporio Armani, Armani Exchange, Armani Jeans, Armani Exchange A/X, and Armani Collezioni, which had annual sales of $2 billion.

Did You Know?

A strategic alliance with Gruppo Finanziario Tessile, the largest Italian apparel manufacturer at the time, in 1978 was another significant event that fueled Armani’s expansion. With the help of this agreement, Armani was able to increase the manufacturing of its goods and satisfy the rising demand from the European and other global markets.


12. Cartier

Net Worth: $12.4 billion
Country of Origin: Paris, France
Year Founded: 1847
Founder: Louis-François Cartier

Cartier photo source: truefacet.com

High-end timepieces and jewelry are designed and produced by the French luxury goods company Cartier. Few have surpassed Cartier among the top fashion and jewelry design firms in the world. Despite the fact that Cartier is one of the most renowned jewelry designers in the world today, the company’s roots are mostly in the art of watchmaking.

Louis-Francois Cartier launched Cartier in Paris in 1847 after taking over his master’s factory. The first Cartier store was opened in 1859, despite the significant uncertainty and instability caused by the unfolding French Revolution. Cartier continued to prosper and flourish over the following ten years.

Although jewels and watches are undoubtedly Cartier’s best-known products, the company has also found success in the leather goods and fragrances industries. It joined the Richemont Group in 1988 and still aspires to be innovative rather than imitating its founder Louis Cartier.

With more than 270 stores throughout the world, Cartier has grown from its modest origins to become an international luxury products company.

Did You Know?

King Edward VII of Great Britain, who bought 27 tiaras for his coronation in 1902 and granted the business a royal warrant in 1904, referred to Cartier as “the jeweler of kings and the king of jewelers.”


11. H & M (Hennes & Mauritz)

Net Worth: $12.7 billion
Country of Origin: Västerås, Sweden
Year Founded: 1947
Founder: Erling Persson

H & M (Hennes & Mauritz)photo source: sweden.bestin.com

Since the first Hennes shop debuted in 1947 in the Swedish city of Västers, the H&M Group has gone a long way, and it now caters to fashion lovers all over the world. These days, they offer globe-appealing, eco-friendly fashion and design.

In 1946, a Swedish businessman named Erling Persson, age 30, drives across America. Innovating marketing strategies for women’s clothing has its roots in New York. Persson opened a brand-new womenswear store in Västers, Sweden, in the year following 1947. It has the Swedish name Hennes, which means “Hers.”

The H&M brand is renowned for its expansive and quickly expanding clothes sales. In addition to creating high-quality products, this brand is renowned for moving quickly to market its creations and cannot be completely ruled out of the list of the world’s top apparel companies. The store focuses more on releasing products for ladies, which has helped it generate appealing revenue.

Did You Know?

In 1968, Hennes acquired the Stockholm-based Mauritz Widforss retailer of hunting and fishing equipment, renaming it Hennes & Mauritz.


10. Zara

Net Worth: $13 billion
Country of Origin: A Coruña, Spain
Year Founded: 1975
Founder: Amancio Ortega

Zaraphoto source: malls.com

Spanish apparel company Zara was established by Amancio Ortega in 1975 and serves as the corporate headquarters for the Inditex business, the biggest clothes retailer in the world. Along with these brands, the fashion company also owns Oysho, Stradivarius, Uterqüe, Bershka, Stradivarius, Massimo Dutti, and Pull&Bear.

In 1963, Ortega launched the garment manufacturing company Inditex, which was the beginning of everything. He launched the small Zorba business in La Coruna, Spain, ten years later with barely 30 Euros. Later, without any explanation, the name was changed to Zara.

Among its more than 3,000 outlets are the kids’ and home divisions of the clothing giant. It acts as the flagship brand for the Inditex Group and has locations in 96 different countries. The largest market is in Spain, which has 547 stores, including Zara Kids and Zara Home. France, China, Russia, and Italy are next.

Around January 2019, there are 98 shops throughout the US. In addition to her ex-husband Amancio Ortega, Rosalia Mera co-founded Zara. She passed away in 2013 at the age of 69.

Did You Know?

When other shops spend six months producing a new product and bringing it to stores, Zara is famed for doing so in only two weeks.


9. Chanel

Net Worth: $13.2 billion
Country of Origin: Paris, France
Year Founded: 1910
Founder: Coco Chanel

Chanelphoto source: cloversac.com

Alain and Gerard Wertheimer, two of Coco Chanel’s early business partners, are the owners of Chanel, a privately held firm. Pierre Wertheimer was one of their grandparents. Garments, colognes, purses, and watches are among its offerings.

Under the name Chanel Modes, “Coco,” as Gabrielle Chanel had come to be known, operated a hat shop at 21 rue Cambon in 1910. Her hats were worn by prominent French actresses of the time, which added to her fame. Instant success followed this tactic, which changed both fashion and how women viewed their bodies.

The earliest and oldest elitist fashion company is Chanel, which has collaborated with several famous people throughout the course of its long history. Some of these famous people are Marilyn Monroe, Audrey Tautou, Kristen Stewart, Vanessa Paradis, Margot Robbie, Nicole Kidman, Keira Knightley, and Catherine Deneuve.

Chanel is a well-known apparel company with up to 310 showrooms globally, and a piece from the company may cost $56.

Did You Know?

In 1921, the first version of the N°5 CHANEL fragrance was released. In terms of formulation, nomenclature, and presentation, this “women’s perfume which smells like a lady” was a partnership between perfumer Ernest Beaux and designer Gabrielle Chanel.


8. Tiffany & Co’s

Net Worth: $15.987 billion
Country of Origin: New York, United States
Year Founded: 1837
Founder: Charles Lewis Tiffany

Tiffany & Co'sphoto source: tiffany.com

One of the most renowned luxury design firms in the world, Tiffany & Co. was established in New York City in 1837 and is known for its cutting-edge jewelry designs, exceptional workmanship, and unmatched innovation. The house’s prized Blue Boxes are only one part of a fantasy that lurks inside and beyond the brand’s famed humor, optimism, and soaring New York spirit.

Founded in 1837 in New York City by Charles Lewis Tiffany, was the famous Tiffany & Co. He helped create the iconic jewelry design of the company that is still known today and immediately established the benchmark for American luxury. It became evident that he had a keen sense of design as soon as he launched Tiffany & Co. as a fancy good and stationery business.

His enthusiasm for collecting exquisite diamonds and rare gemstones opened the way for Tiffany & Co.’s extensive history of exploration and discovery, establishing its renown as a well-known jeweler around the world.

Did You Know?

The gemstone kunzite was discovered in 1903 and given that name in honor of Dr. George Frederick Kunz, Tiffany’s Chief Gemologist. The first retailer to have a position for a gemologist on staff is Tiffany.


7. Hermès

Net Worth: $16 billion
Country of Origin: Paris, France
Year Founded: 1837
Founder: Thierry Hermès

Hermèsphoto source: fashionnetwork.com

International Hermès S.A. or Hermès was founded in 1837 and is a French luxury design business. They specialize in producing readily available, jewelry, timepieces, home décor, and accessories made of leather.

When the harness manufacturer Thierry Hermès opened a business on rue Basse-du-Rempart in Paris in 1837, the journey officially began. His clients’ expectations, their need for simplicity and lightness in a city alive with modern movement, were recognized and predicted by him from the start.

In addition to opening its 19th leather store in Guyenne, Gironde, Hermès also founded the École Hermès des Savoir-Faire, an apprenticeship training program in 2021. The college offers professional instruction in leatherwork that is recognized by a national diploma.

Keeping people’s creativity and cultures alive seems to be a top priority for the Hermes brand. Their exquisite and extraordinary crafts have served as numerous examples of this. Their luxury is of the highest caliber, and their originality is unmatched.

Did You Know?

A golf jacket was the first piece of men’s ready-to-wear clothing Hermès developed in 1925.


6. Gucci

Net Worth: $18.1 billion
Country of Origin: Florence, Italy
Year Founded: 1921
Founder: Guccio Gucci

Gucciphoto source: viator.com

One of the biggest and most famous apparel brands in the world right now is the Italian company Gucci. It has faced many difficulties throughout the years but has managed to reclaim the spotlight. The Brand’s current Creative Director, Alessandro Michele, was credited with helping the company make a resurgence with his creative approach.

Shoes and ready-to-wear apparel come in second while purses, wallets, and other leather products provide the majority of Gucci’s sales.

Gucci is shaping a wholly modern approach to fashion; they are influential, distinctive, and forward-thinking. By redefining luxury for the twenty-first century, Alessandro Michele’s new vision for the House has cemented its position as one of the most desirable fashion labels in the world.

Gucci items are unmatched for their quality and attention to detail and are eclectic, modern, and romantic—they reflect the height of Italian workmanship.

Did You Know?

Aldo Gucci designed the first pigskin bag for the company just after World War II. Gucci’s first bamboo-handled purse, which is shaped like a saddle, was made of the material, which later became Gucci’s signature bag.


5. Adidas

Net Worth: $38.08 billion
Country of Origin: Herzogenaurach, Germany
Year Founded: 1949
Founder: Adolf Dassler

Adidasphoto source: outletaholic.com

Adidas is a German global brand that manufactures garments, accessories, and footwear. It is the largest producer of sportswear in Europe and the second-largest manufacturer worldwide, behind Nike. It serves as the parent corporation for the Adidas Group, which has an 8.33% share in the football team Bayern München and the Austrian fitness technology business Runtastic.

In a little German village in Bavaria, Adidas had its beginnings. Before founding the Gebrüder Dassler Schuhfabrik in 1924 and starting his mission to provide sportsmen with the best footwear, Adi Dassler started his company in his mother’s laundry room.

The first accolades and benchmarks were the gold medals Lina Radke won in Berlin and Amsterdam in 1928.

In the tranquil village of Herzogenaurach, Adi Dassler, then 49 years old, decided to start afresh, registered the “Adi Dassler Adidas Sportschuhfabrik,” and employed 47 workers to open his company.

In addition to its current headquarters in Herzogenaurach, Germany, Adidas also has branches in a number of other cities around the world, including Spain, Tokyo, Portland, Australia, London, Taiwan, and Toronto.

Did You Know?

The official ball for the 1970 FIFA World CupTM, known as TELSTAR, was made for the first time by Adidas.


4. Lululemon Athletica

Net Worth: $38.08 billion
Country of Origin: Vancouver, Canada
Year Founded: 1998
Founder: Chip Wilson

Lululemon Athleticaphoto source: cnbc.com

Lululemon Athletica is a technical athletic clothing brand for yoga, jogging, training, and most other sweaty pursuits. It was established in Vancouver, Canada in 1998. In essence, Lululemon was born out of the desire to dress femininely and the concurrent incidence of female education levels, breast cancer, yoga, and athletics.

The first physical location of the 1998-founded company, lululemon, debuted in Kitsilano, a seaside district in Vancouver, British Columbia, in November 2000.

The goal was to make the shop a gathering place for the neighborhood where people could learn about and debate both the mental and physical components of leading a vibrant life of opportunity, including running, yoga, nutrition, and cycling.

The only problem with this idea was that the shop was so busy that it was difficult to assist the customer in this way in addition to buying the merchandise.

Did You Know?

Since Wilson argues that Japanese people cannot pronounce the letter “L,” the word “lululemon” essentially has no origins and signifies nothing other than the fact that it contains three “L’s.”


3. Dior

Net Worth: $68.75 billion
Country of Origin: Paris, France
Year Founded: 1946
Founder: Christian Dior

Diorphoto source: leparisien.fr

Dior, also known as Christian Dior, is well known for revolutionizing the women’s fashion industry. At 30 Avenue Montaigne in Paris, the firm is credited with reviving Paris’ status as the world’s fashion center after it had fallen out of favor during World War II., Christian founded the company.

The brand debuted its first collection on February 12, 1947, less than three months after it was founded.

Dior, who had a strong affinity for art, maintained an art gallery in France before he entered the fashion business. He worked for couturier Lucien Lelong and fashion designer Robert Piguet after closing his gallery during the Great Depression. However, Dior wanted to display his own work, so he founded his own fashion firm in 1946, giving rise to the name Christian Dior.

Only three years after its founding, Dior broke the previous record by contributing up to 5% of France’s whole export earnings. Numerous celebrities, movie stars, and other dignitaries have been known to collaborate with Dior.

Despite having primarily focused on producing women’s clothing for ladies, particularly evening dresses, they have continued to develop and now produce quite a range of other goods.

Did You Know?

Christian gave one of his perfumes the name “Miss Dior” as a tribute to her sister. As a nod to their time spent in Grasse in the South of France, the fragrance’s essence is strongly floral.


2. Nike

Net Worth: $138.82 billion
Country of Origin: Oregon, United States
Year Founded: 1964
Founder: Bill Bowerman; Phil Knight

Nikephoto source: nike.com

Nike, Inc., a US sportswear corporation formerly known as Blue Ribbon Sports, is headquartered in Beaverton, Oregon. Bill Bowerman, the University of Oregon’s track & field coach, and former student Phil Knight established Blue Ribbon Sports in 1964.

After renaming itself Nike in 1978, the company went public two years later. The curving check mark known as the Nike “swoosh” emblem was well-known throughout the whole world by the start of the twenty-first century, and the company had merchants and distributors in more than 170 countries.

Since the chain’s first NikeTown store opened its doors in 1990, its locations have honored these and other brand advocates alongside offering customers the full range of Nike products.

Did You Know?

The first store that Bill Bowerman and Phil Knight built was in 1966, and the Nike shoe line was released by them in 1972.


1. Louis Vuitton

Net Worth: $317.18 billion
Country of Origin: Paris, France
Year Founded: 1854
Founder: Louis Vuitton

Louis Vuittonphoto source: cbdarch.com

Louis Vuitton is the most expensive fashion store in the world with a $317.18 billion net worth as of 2022.

One of the best-known luxury brands in the world, Louis Vuitton is renowned for its quality leather goods, storied steamer trunks, enduring monogram purses, exquisite jewels, and cutting-edge design.

A talented craftsman and fashion designer from France, Louis Vuitton founded his own company in Paris in 1854. Vuitton started his career by making trunks for Empress Eugénie de Montijo, the wife of Napoleon III when he was 33 years old. He founded his own artisanal workshop at 4 Rue Neuve-des-Capucines. Thus, the foundations of his renowned company, Louis Vuitton, were established.

Louis Vuitton is well renowned for occasionally coming up with fantastic and fascinating trends, and they never fail to give the greatest quality. Their goods are of a high caliber, and their handbags are entirely handmade with, of course, only the best and original materials.

Did You Know?

Georges Vuitton, Louis Vuitton’s son, designed the famed interlocking “L” and “V” letters that can be seen on the brand’s iconic purses in 1896.

rarest_alvin

Head of Content at Rarest.org

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