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Fashion Industry News Alert 2023! – UAE tops charts in Global Fashion Brands Market

  • Penny Realty Real Estate by Penny Realty Real Estate
  • 9 months ago
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Fashion Industry News

Penny Realty Real Estate brings you the latest fashion industry news. UAE is on its way to the top of the global fashion charts with some of the most spectacular fashion brands in the industry.

The momentum accelerates as more iconic international brands enter the Dubai Fashion Industry with significant growth expected in the coming years. The fashion industry statistics for the year 2023 reveal that it is poised to become a significant player in the global fashion brands market with a significantly swelling influx of international brands.

With the removal of entrance barriers slaying the cross-border trade valuation since last year, the influx of global clothing companies and fashion brands has increased drastically.

Most Exclusive Luxury Fashion Brands in Dubai 2023: Dior and Louis Vuitton

Fashion Industry News keeps changing with changing global fashion trends

According to a report published by Arabian Business, it was revealed that Dior and Louis Vuitton are emerging as the top most admired luxury fashion brands in Dubai with record-breaking sales for the year 2023.

Fashion Industry News

Louis Vuitton is the most popular luxury brand among consumers.

Ubuy is a cross-border shopping platform based in Dubai that has analyzed the top 100 most revered brands in the world, based on five parameters; global website visits, social media following, revenue, engagement, and global searches. These matrices have been helpful in understanding the core reasons behind the popularity of a fashion brand and its future.

These iconic brands have been able to rise to the top position in the fashion industry based on unrestrained richness, artistry, and imagination. Furthermore, social media has played an impressive role in creating exclusive fashion brand recognition, to meet consumer propositions and perceptions. There is a specific popularity score associated with each brand which is there in the market.

Top 7 Luxury Fashion Brands in Dubai’s Ubuy List

Louis Vuitton

A graceful balance of novelty and tradition!

Louis Vuitton was established in the year 1854 and gradually became the luxury fashion global powerhouse. Currently, there are 500 stores all around the world, where it is known for its flawless expertise and ageless sophistication. The monogram is very iconic which captivates fashion connoisseurs especially the celebrities aiming to look their best at every occasion. The popularity score of the luxury fashion brand, Louis Vuitton is currently 32.75.

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Choose the best option for you! – Choose Louis Vuitton.

Dior

A mark of glamour and iconic grace!

Christian Dior is a brand founded in 1946, much later than Louis Vuitton, however, it has been able to solidify its position as one of the most admired luxury fashion brands around the world. There are 300 stores worldwide, attributing to the luxurious visionary designs, flawless creativity, and fanciful designs that mesmerize fashion enthusiasts. Dior stands at the second position amongst the top most popular luxury fashion brands in Dubai with a popularity score of 31.73.

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Excellence at its best!

Gucci

Innovative style and distinctive Italian expertise!

Gucci was founded in 1921 and gradually rose to a high-end fashion brand position. There are 550 stores all around the world. The popularity of Gucci remains unparalleled for it offers an untiring commitment to product quality, distinctive themes, and audacious designs. Gucci enjoys a global following that craves absolutely amazing designs and styles, and it stands in third position among the top luxury fashion brands with a popularity score of 23.39.

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We all deserve a luxury lifestyle we need to experience.

Chanel

Unmatched legacy and graceful superiority!

Chanel has existed since 1910, with 310 stores worldwide, offering an ineffaceable spot in the fashion industry. The brand offers elegance, inventive designs, and enduring sophistication to captivate fashion enthusiasts. Chanel stands at the fourth position in the line of luxury fashion brands list with a popularity score of 22.15.

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A blend of contemporary and traditional, breaking the odds.

Rolex

The epitome of legacy and outstanding commitment!

Another major brand in the line is Rolex, famous for retaining rich inheritance, enduring expertise, and outstanding prestige. Rolex was established in 1905, with a network of 2800 stores where it gradually gained a global repute due to its exquisite designs, quality, and artistry. Right now, it stands at the fifth position on the luxury fashion brands list with and popularity score of 14.48.

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Wear Rolex, and the world will stop to give your style a glance.

Micheal Kors

Affordable luxury with exquisite craftsmanship!

Michael Kors was founded in 1981, and now it has 800 stores all over the globe. It gained recognition through its modern and contemporary designs, set on a price scale that is more accessible as compared to other luxury fashion brands to captivate the attention of a specific market niche. The popularity grew further as more and more designs kept coming, and it became a global fashion phenomenon, currently standing at a popularity score of 13.83.

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Taken on the world with Micheal Kors’s amazing clothing and bags collection.

Prada

Unparalleled iconic fashion and state-of-the-art designs!

Prada was founded in 1912 and established its worth very soon because of its avant-garde designs, amazing craftsmanship and inventive materials. There are 260 stores in the world, offering luxury fashion to its customers and pleasingly attracting consumer preferences. The popularity number for Prada is 12.67.

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Excel in the best most exquisite designs.

The fashion industry is booming and Dubai is taking the lead in the process. Apart from being the best city for luxury real estate, Dubai is paving its way to the top. Over the years brands have evolved based on consumer preferences, market requirements, and client specifications. For instance, evolution takes place and so does returning to old traditions, just like the fashion trends in the 90s, or the fashion in the 80s. Change is part of life, only that the quality is not compromised.

Penny Realty Real Estate is the most trusted real estate in Dubai. It has all the latest information about the most popular growing industries around the world and how Dubai is one of the leading cities thriving to outperform in each one of the globally trending industries.

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