7 of the Most Successful Fashion Houses of the Past Century – TheLiberal.ie – Our News, Your Views

7 of the Most Successful Fashion Houses of the Past Century




Every industry has its fair share of rags-to-riches stories. In the fashion world, this is literally true. Luxe apparel and designer accessories are among the most desirable consumer products around. With stratospheric price tags the standard in the haute couture sector, it’s little wonder that many of the world’s biggest fashion houses are among some of the richest companies around. Below, we’ll explore 7 of the most successful fashion houses of all time.

Ralph Lauren

This brand is fairly unique in that it emerged in North America. The eponymous designer was already experimenting with his distinct pretty style when he was embraced by the European fashion elite. Ralph Lauren’s polo plackets and sporty aesthetics proved an instant hit with consumers, with many of the earliest design hallmarks still evident in today’s collections. While other luxe brands have come and gone over the decades, Ralph Lauren has always managed to weather economic turmoil. In 2022, the brand announced profits of more than $4.9 billion. However, this is just a fraction of what the company has raked in in receipts over the years, with the designer himself worth an estimated $7.8 billion.

Louis Vuitton

This French fashion house is one of the oldest in the world, with the company first opening its doors back in 1854. Since then, it’s become synonymous with premium handbags, small accessories and fashion-forward footwear. Although most consumers are priced out of some of the brand’s more expensive items, there are still plenty of ready-to-wear capsule collections that are an achievable goal. There’s a healthy appetite for this French brand, with Louis Vuitton announcing sales of more than $18 billion in 2022.

YSL

Yves Saint Laurent is, without a doubt, one of the most celebrated designers of the past century. Another French favourite, this fashion house defined power dressing and became synonymous with androgynous styles that challenged stereotypes and reframed what it meant to be feminine. It was also one of the first contemporary brands to dabble in the fragrance market, with scents like Yves Saint Laurent Libre still a sought-after commodity to this very day. While YSL isn’t as profitable as other fashion brands on this list, it did manage to bring in revenues of around $3.6 billion in 2022.

Gucci

The House of Gucci has been an Italian icon for many years now. It’s one of the most recognisable fashion brands in the world, with even the average consumer aware of its haute couture associations. Founded in 1921, Gucci has been going strong for more than a century. In 2022, the company announced revenues of more than $11.4 billion. The brand itself is thought to be worth in excess of $17.8 billion.

Chanel

Chanel is yet another French brand that’s long been at the heart of the fashion industry. Coco Chanel opened her first boutique in Paris in 1910. Two years later, she was ready to expand. While the first products were limited to hats and accessories, Chanel has since emerged as one of the most versatile premium fashion labels in the world. From little black dresses to luxury handbags, there’s something for everyone here. Chanel reported 2022 revenues of $17.2 billion, while the brand itself was recently valued at $15.3 billion.

Calvin Klein

Calvin Klein is fairly young compared to some of the historic fashion houses on this list. Designer Calvin Klein opened his first store in New York in 1968. Originally, the product range was limited to coats, but Klein quickly expanded beyond outerwear, unveiling designs that would define the simple aesthetics and comfortable fits the brand would become famous for Few other names in the US come close to matching Klein’s reputation, with the designer thought to have amassed a personal fortune of more than $800 million during his career. 2022 saw the brand bring in revenues of more than $3.78, while the company was recently valued at $1.5 billion.

Versace

Finally, we have Versace. Another leading light of Italy’s fashion industry, the brand has become a favourite with international consumers since launching in 1978. Despite being a relatively new addition to the fashion landscape, Versace quickly emerged as one of the most successful. The brand recently recorded sales figures of more than $1.1 billion, with the brand itself thought to be worth twice that.

Share this story with a friend

Share this story

Tell us what you think on our Facebook page