So here are the top ten hottest fashion brands in the year 2020. Lyst, an e-commerce company, has conducted the data and informed the top most hottest brands in the world.
In Q12020, there is good news for Nike lovers and Nike brand as it jumps to the top 5 hottest brands leading the number 3 position as the previous one Q42019 was at 12. This is indeed a big progress.
Balenciaga takes Gucci place in the previous list in which Gucci was on top 2, As Balenciaga lead to number 2 and Gucci was on number 4 in the list. which is not a good thing for Gucci brand.
Off-white has retained its position in Q42019, takes a lead compared to all the brands, and has ranked 1st in the list.
Prada leads to number 5 in the list, which was before in the 8th rank in Q42019 report.
So here is the list of top ten hottest fashion brands in the world:
VERSACE is an Italian fashion company and trade. Which is known for the expensive, innovative and bright colored designs with style. It has dropped its position to rank 10th which was previously in the rank 5th. The company has announced new flagship stores in London and Paris. Company has also donated $850,000 to the pandemic.
9. YVES SAINT LAURENT:
YVES SAINT LAUR the luxury French fashion house. Which has a large range of men’s and women’s ready to wear products, jewelry, leather goods, and shoes. It is known for modern and iconic pieces. In the list it has remained its rank at 9th place as before Q42019. The company would manufacture the surgical mask.
VALENTINO which is owned by Valentino Garavani is an Italian clothing brand. It is ranked as 8th and maintained its position in the list. It also has opened a pop-up store in Beverly Hills. It has also donated €2 million for the pandemic.
FENDI, an Italian luxury brand, manufacturing fur, ready-to-wear products, leather goods, shoes, fragrances, eyewear, timepieces and accessories. It is known for its fur and leather accessories. It is ranked as 7th but previously it was ranked 6th. Fendi foundation has donated €100,000 for the pandemic.
MONCLER is the Italian luxury fashion brandwas founded in1952. It is mostly known for its ski wear. Having ranked 4 in Q42019 it has drop to rank 6 in Q12019. They have donated €10 million to a Milan hospital project. Its 1Q2020 dropped by 18% to €310.1 million.
PRADA is also an Italian luxury fashion brand which was founded in 1913, manufactures leather bags, travel accessories, shoes, ready-to-wear, perfumes and other fashion accessories. It was ranked 7th in the previous list Q42019. Recently it partnered with UNESCO. It also has funded new ICUs in three of Milan’s hospitals in response to the pandemic.
GUCCI, founded in 1921, is an Italian luxury brand which offers varieties of fashion accessory and leather goods. It was ranked 2nd in the previews list. It has reported 10.5% revenue growth for the Q42019. The brand has donated €2 million for the pandemic.
NIKE is an American brand cooperation, which is best known for sportswear. It has worldwide sales of footwear, apparel, equipment and accessories. It has improved its rank by 9 in the list. An ad released by Nike “Mamba Forever” to tribute Kobe Bryant also has donated over $15 million for the pandemic.
BALENCIAGA, was initially founded by Spain, but is now owned by French multinational company. It is a luxury fashion house. It is most known for its shoes. It is the 2nd hottest brand in the world. Koala hoodies were lunch to fund for Australia’s bushfire relief. The brand would also manufacture surgical masks in response to pandemic.
OFF-WHITE, was an Italian luxury fashion brand founded by the American designer. The brand mostly uses four-way arrow design creating a cross.
It is the hottest brand in the world according to the first quarter of 2020 and has been successful in maintaining its position.
It debuted Off-White x Air Jordan 4 in Paris fashion week. Off-white and Evian have unveiled that they will be extending theActivate Movement Program.