The Most Expensive Luxury Fashion Brands

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.