Revealed: The most powerful fashion brands in the world
French and Italian names topped the list of the world’s most valuable fashion houses but the new list, compiled by Forbes, was an equal mixture of high and low end brands.
1. French fashion house Louis Vuitton came at number one with AED 103.2 billion ($28.1 billion) 2. In second place was American brand Nike at AED 303.4 billion ($82.6 billion) 3. Swedish brand H&M, known for its low end prices, is estimated at AED 249 billion ($67.8 billion) 4. A contrast to its predecessor, luxury French fashion house Hermes came in fourth place at AED 142.1 billion ($38.7 billion) 5. German sportswear brand Adidas at AED 62.8 billion ($17.1 billion) 6. Prada, the Italian fashion name, at AED 56.2 billion ($15.3 billion) 7. Another Italian entry is Gucci at AED 45.4 billion ($12.4 billion) 8. The second recorded brand from the United States was Ralph Lauren with AED 44 billion ($12 billion) 9. Spain’s only entry is its globally known brand Zara at AED 34.5 billion ($9.4 billion) 10. It was iconic French name Chanel which took tenth place with AED 24.9 billion ($6.8 billion)