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Clothing is one of the basic necessity of life, to some extent, the clothes we wear can go can go a long way to indicate the class we belong to in the society. There are So many luxurious clothing brands in the world. To be fully recognized as a high fashion brand, the designer must be present in any of the O4 largest annual fashion weeks which is usually held in London, New York and Paris. Below are five of the richest clothing brands in the world.

Louis Vuitton

Originally from France. This brand is generally empowering the clothing market, it is known for possessing the world's most expensive clothing brand. They are characterized by uniqueness of their products. Louis Vuitton is also known for producing high quality handbags, with the total net worth of $130billion, Louis Vuitton is the richest clothing brand in the world.

Gucci

Founded in 1912 in Italy, Gucci is one of the top selling clothing brand in the world, their products includes watches, shoes, cosmetics, accessories etc. With a net worth of $15billion, Gucci is a force to reckon with in the fashion world.

Dior

Known as the first fashion brand that introduced the evening gown. Originally from France, Dior was founded in 16 December 1946. With the net worth of $70billion, Dior made it to the list of the richest fashion brand in the world.

Fendi

This Italian brand has been recognized as one of the worlds most expensive clothing brand within a short period of time, it deals on accessories and dresses of all kind, with the net worth of $640million, fendi is recognized as one of the richest and expensive fashion brand in the world.

Hermes

This online trading brand has successfully gained huge fame, known for its unique design, Hermes has become one of the most expensive fashion brands in the world. Founded in France, Hermes has a total net worth of $7billion.

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