10 Luxury Brands in the World

They are desirable, most coveted and command a high value. They are defined as 'luxury brands'. These brands display superior design and fine craftsmanship and are spotted by the rich and famous. Such luxury brands come with strong promise and behaviour.

Here, we feature world's top 10 luxury brands.

1. Louis vitton: A trunk - maker in Paris since 1854, is now a legend in the art of travel. It is known for its luggage, bags and accessories.

2. Hermes: Established in 1837, this french fashion specialises in leather, ready-to-wear, lifestyle accessories, perfumery and luxury goods.

3. Gucci: High on glamour, and known for fashionable yet timeless products. It is the highest selling Italian luxury brand.

4. Chanel: Speacialized in simple suits, dresses, woman's pants, costume jewellery and perfumes. Chanel is most famous for 'little black dress'.

5. Cartier: Headquartered in Paris, Cartier is well-known for timeless jewellery and watches.

6. Rolex: Probably the Mercedez - Benz of watches. This world class symbol was founded in 1905. It is known for its innovation and designs.

7. Hennessy: Hennessy is leading Irish cognac house. It is reported that it sells 40% of the world's cognac.

8. Moet & Chandon: It is the most preferred fashionista tipple. Moet is freench winery and co-owner of luxury goods company Moet - Hennessy.

9. Fendi: This Italian high - fashion house is best known for its 'baguette' handbags. Launched in 1925 as fur and leather shop in Rome, today Fendi is a multinational luxury goods brand owned by LVMH.

10. Burberry: The iconic British brand was established in 1856. It is known for designer clothings, accessories, perfumes, beauty and fragrances.

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