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Top 10 Luxury Accessories Brands

Written by Top 100 Arena on 2012-09-13
Luxury brands have been around for decades and they continue to be popular because they command loyalty from the target consumers. Many consumers who buy the luxury brands are very loyal and they will buy virtually every product created by their favorite brand. This has helped to ensure that the luxury brands continue to grow even in hard economic times. These top quality brands do not compromise on quality and they maintain their high standards and costs in any financial environment. Below are the top luxury brands in the world.

10 Fendi

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Fendi is a luxury brand owned by French conglomerate Louis Vuitton Moët Hennessy (LVMH). With a brand value of almost $5 billion, Fendi has blossomed under German fashion designer, photographer and artist Karl Lagerfeld. The Italian fashion house is famous for its luxury bags, which made famous by Carrie Bradshaw and her girlfriends in the popular Sex and the City television series. The bags join a host of other luxury products to keep Fendi as one of the most popular brands in the world.

9 Burberry

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Another popular luxury brand that has been around for decades is Burberry. The iconic brand that established in 1856 is considered an authentic British mark of quality. The Burberry trench coat has been a familiar sight for decades, and the brand is popular for its unique design of bags, perfumes, designer clothing and beauty products. The pattern that is the trademark of the brand is highly recognizable, with the Equestrian Knight appearing on a base of criss-crossed vertical and horizontal bands on most of the products.

8 Armani

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With a brand Value of over $5 billion, Armani is one of the few luxury brands whose value is not well established. The value of this private company that is owned by one of the world's billionaires is only an estimate because the complete figures are not in the public domain. The brand well known for its minimalist designs has, for the past few years focused its attention on the lifestyle category. Armani hotels, restaurants and spas have been opened to cater for this category and the brand has entered into a relationship with Samsung in a bid to promote and enhance the design value of mobile handsets..

7 Moët & Chandon

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Exclusive parties around the world are not complete without serving Moët Champagne. With a value of about $5 billion, the brand has continued to appeal to those who enjoy the high-end tipple. Owned by Louis Vuitton Moët Hennessy, the 269-year-old company continues to thrill those who enjoy French Champagne. Even as arguments continue about the correct pronunciation of the word 'moet', the brand is still growing in popularity and its fortunes have continued to increase exponentially.

6 Rolex

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Owning a Rolex timepiece is something that many people dream of, which has contributed to the large number of counterfeits in the market. The popular Swiss watch brand that has been around for decades has a value of over $6 billion. Watch collectors covet original timepieces created in the early years, even as new innovative designs continue to sell fast. Owning a Rolex watch is seen as a status symbol and a sign of class and good taste.

5 Chanel

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Chanel is a timeless classic that has continued to please both aging and young customers. Seen as a symbol of old money and good taste, the brand that is valued at over $8 billion appeals to those who love understated luxury. From those who love classic tweeds to those who prefer fashionable frocks, the brand has something for everyone. With the rising popularity of the haute couture creations, the company has seen tremendous growth in the last couple of years. Other luxury items like bags, perfumes and sunglasses are also very popular among the jet set. The 'little black dress' is one of the timeless classics, which places Chanel firmly in its enviable position.

4 Cartier

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Diamonds continue to thrill women around the world and Cartier diamonds are perhaps the most coveted. With a brand Value of over $9 billion, the French jeweler boasts of having the brightest diamonds. As a subsidiary of luxury giant Richemont, Cartier has seen an increase in sales in the last couple of years. The brand is best known for its popular and timeless watches and jewellery. Celebrities and royalty make up the customers of this high-end brand.

3 Gucci

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Gucci has made a name for itself in the production of high glamour products. The beautiful and timeless creations have seen the brands fortunes grow to over $9 billion. Owned by French luxury goods giant PPR, Gucci brand boasts a stable that has powerful names like Alexander McQueen, Stella McCartney and Bottega Venneta's. The growth in revenue of the fashion houses have seen the fortunes of the brand continue to grow. Considered the highest-selling Italian brand, Gucci is a favorite of movie stars and those looking for timeless products that they can hold onto for years.

2 Hermès

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Hermès is a French fashion statement seen as a mark of good taste. While the company is listed on the Paris Bourse, the family that sold the company still owns a 29% stake. The brand has continued to grow over the years and has produced everything from luxury bags that cost more than $8,000, to more affordable items like silk scarves. The company that is valued at over $12 billion also produces items like beach towels, perfumes, leather goods, bracelets and other accessories.

1 Louis Vuitton

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The top luxury brand in the world is Louis Vuitton. Valued at over $25 billion, it is the most outstanding brand of French conglomerate LVMH. The brand has continued to grow even as economies dwindle. Seen as unmatched in the production of quality luggage and accessories, the company has continued to target the luxury traveler. Fashionistas across the world can be spotted carrying the luggage as they hop from one plane to another. The handbags are also popular among the young and the elderly alike. As a leader in the avant-garde fashion, Louis Vuitton continues to rely on its traditional and quality artisanship and the LV monogram it extensively visible on its different products.

Luxury goods have not suffered from the present economic difficulties. It is clear that those who buy these brands are remaining loyal and are not willing to settle for anything less than the quality they are used to. The luxury brands are highly sought after and it is common to see counterfeits in the market as people try to give the illusion of owning the brands. Even with the fakes in the market, the fortunes of the brands have continued to grow as they target a niche, high-end market.

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