Top 10 Luxury Brands in The World

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7. Chanel

Chanel, which takes seventh spot on the list of the top luxury brands in the world, is a high-end luxury brand which was founded in 1909 by Frenchwoman Gabrielle Chanel. The company manufactures and sells clothes, luxury goods and fashion accessories. Chanel’s brand value is estimated at $7.2 billion. The company is now controlled by billionaires Alain and Gerard Wertheimer. Chanel’s operating profit fell by 17% in 2015 due to slowing sales.

Top 10 Luxury Brands In The World

Page 5 of 11