The name Chanel has become synonymous with high-end fashion and has been for decades. Maybe that’s because the brand has been around since the 1920s, when fashion designer Coco Chanel launched her first perfume line and introduced the Chanel suit.
But it was the little black dress that really set Chanel over the top. Coco Chanel was quoted saying, “luxury must be comfortable, otherwise it’s not luxury.” Nearly 100 years later, Chanel remains in the forefront of luxury fashion trends and have never found themselves irrelevant thanks to continuing to push boundaries. That’s probably why the company is currently worth an estimated $7 billion.
Few names invoke thoughts of luxury the way Prada does. And with good reason. And an estimated $9.4 billion of worth in the company, those price tags don’t come cheap.
Prada products include everything from ready-to-wear leather and fashion accessories, shoes, luggage, watches, outerwear, and more. In 2007, Prada even collaborated with LG Electronics to launch a Prada series of mobile phones, making them a highly coveted luxury label to carry, despite the fact that most people have trouble footing the bill.
But when it comes to their ready-to-wear, Prada’s eclectic mixing of prints and fearless experimenting with fashion makes anyone who wears the label the ultimate trendsetter.