1.Oscar De La Renta
Oscar de la Renta is one of the loudest names in modern fashion. Like earlier Christian Dior and Gabrielle Chanel, Oscar managed to become one of those designers, who created luxury and elegance with their own hands. During the decades of his career de la Renta managed to save $100 million net worth. His earnings were incredibly high, his dresses cost thousands of dollars, but he deserved each cent he had got. Oscar de la Renta earned millions of dollars as he sold evening and cocktail gowns to the richest women in the world. In addition, he released his own fragrance, named Oscar; developed accessories line and homeware line. Oscar de La Renta tried his hand as an interior designer too. He designed a hotel at Puntacana Resort.
2. Louis Vitton
It is included in one of the biggest brands in luxury handbags and accessories. The products of the company are very expensive. It was formed in 1954 by Louis and a very famous fashion brand. Mostly the products are being purchased by models and posh class people because of the high prices, and the items can’t be purchased by lower or middle-class people. The specialized items of the brand watches, shoes, jewellery, accessories, sunglasses and books in a short wide range of articles are available. In more than 50 countries about more than 460 stores are open. The company announced its annual profit in 2014 which is almost $28billion. This high amount of profit shows that the firm has a good reputation in society.
3.Prada
Prada was initially into making handbags, travel bags and suitcases for the Italian elite. However, when Miuccia Prada took over, she launched men and women’s ready-to-wear luxury clothing. Prada gained popularity even before this collection took off when she introduced luxury nylon handbags and backpacks without the big choking logos taking over the design element which was the scene with premium brands back then. Prada eventually went public in Hong Kong and slowly opened stores world over. The company’s net worth is an estimated $2.4 billion dollars and continues to be one of the most sought-after luxury clothing brands across the world.
Writer: Soham Davar
29/06/2020
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