Luxury brands are renowned for their high quality, exclusivity, and expensive price tags. From fashion to hospitality and automotive, luxury brands are present in many different sectors. Luxury fashion brands such as Louis Vuitton, Burberry, Hermes, Salvatore Ferragamo, Gucci, and Prada are some of the most popular names in the industry. These brands offer exclusive and coveted pieces that come with a hefty price tag.
Fashion houses like Salvatore Ferragamo and Hugo Boss have reduced the entry price of luxury fashion, creating a spectrum of exclusivity and pricing depending on the brand. The LVMH Moët Hennessy Louis Vuitton group is the largest fashion brand in the world and is known for its iconic “LV” Monogram and Damier print. Dolce & Gabbana was founded in 1985 by Domenico Dolce and Stefano Gabbana in a city near Milan. Tom Ford is another legendary designer and fashion icon who served as creative director of Gucci and Yves Saint Laurent before launching his own luxury fashion brand.
Tom Ford manufactures some of the most exclusive and expensive luxury clothing and accessories on the planet. Cristóbal Balenciaga established his first boutique in San Sebastián, Spain in 1919, but it was in Paris in the 1950s that the Balenciaga brand became legendary with its new striking and original shapes for women's dresses. Bottega Veneta is another renowned Italian fashion house that doesn't brand its products with a prominent logo, but you can identify its most distinctive leather items such as bags by their characteristic Intreccian fabric. Salvatore Ferragamo is another iconic Italian luxury brand that originated with an innovative shoe designer who opened his first store in Florence in the late 1920s.
Hermes is a renowned Parisian brand that first made its mark with high-quality leather goods and has since expanded its offering to watches, jewelry, ready-to-wear clothing, and other luxury products. Luxury resorts and private hotels are also popular among wealthy travelers who are looking for privacy and tranquility away from the rest of the world. Armani also offers luxurious clothing such as woolen coats, suede pants, cashmere chiffon dresses, etc. True luxury brands have the narrative and symbolic power to attract large groups of consumers and build communities similar to tribal ones, as well as influence their behavior.