As one of the most reputable luxury fashion brands in the world, Prada’s products are known to be quite expensive. When you purchase something from Prada, you pay for the product’s brand name, quality, durability, and design.
Almost everyone knows how expensive Prada products are, with the bags ranging from $900 to $5,500 and the clothes starting at $700.
Are there any other brands that have more expensive products than Prada?
1. Dior
Dior is a French luxury fashion house founded by Christian Dior. It is chaired and controlled by French businessman Bernard Arnault, who is also the head of LVMH – the world’s largest group of companies in the luxury fashion category.
Like Prada, Dior specializes in bags, shoes, ready-to-wear clothes, accessories, jewelry, and fragrances. Dior also has a line of makeup.
When it comes to product quality, both Prada and Dior at almost on par with each other. However, Dior is slightly more expensive than Prada.
Compared to Dior, Prada’s collection of bags, shoes, ready-to-wear clothing, and accessories are a bit more affordable.
A good example would be their bags, just for you to get an idea of how these brands fare against each other in terms of product pricing.
In Dior, a small crossbody bag costs $1,500, while a Prada crossbody bag in the same size costs only $1,170.
Currently, the most expensive Dior bag costs $5,300. The Medium Lady D-Lite Bag combines traditional design with a modern silhouette. Its body is fully embroidered with the Toile de Jouy Reverse motif in blue and features gold-toned hardware.
Meanwhile, the most expensive Prada bag currently costs $4,400, the Saffiano Leather Double Prada Bag. The exterior is Saffiano and features the Prada triangle logo on the front. It also comes with two handles and a detachable shoulder strap.
2. Gucci
Gucci is an Italian luxury fashion brand founded in Florence, Italy, in 1921. It was founded by Guccio Gucci and chaired by Marco Bizzarri, an Italian business executive.
Like Prada, Gucci also sells bags, shoes, ready-to-wear clothes, accessories, and fragrances. Gucci also has a good collection of makeup and home decor items.
When it comes to bags, Gucci is more expensive than Prada. This is primarily because of the materials that it uses.
Prada mainly uses leather and nylon for its bags, and the leather used is commonly derived from cows or calves.
While Gucci also uses cow and calf leather and materials derived from exotic animals such as lizards, crocodiles, and snakes. Because of the rarity of this type of leather, it is generally more expensive.
The most expensive Gucci bag is the Dianna Small Crocodile Tote Bag.
This bag costs $38,000 and is made from authentic brown crocodile leather. The bag also features gold-toned hardware, and its interior lining is also made of leather.
Even though Gucci bags are much more expensive than Prada bags, the other Gucci items are more affordable.
3. Hermès
Established in 1837, Hermès is a French luxury fashion brand known for its high-quality leather goods. It was established by Thierry Hermès, a French businessman and fashion designer.
It specializes in leather goods like bags and clutches, but it also sells ready-to-wear clothes for men and women, accessories, jewelry, watches, fragrances, home furnishings, and decor.
Hermès is more expensive than Prada, especially when it comes to bags.
If you follow these designer brands, you’d know that Hermès has a notorious reputation worldwide for manufacturing and selling extremely expensive bags.
For $1,000, the only item you can buy Hermès is a bag strap. Meanwhile, add a couple of hundred bucks to your $1,000, and you can already buy a small purse at Prada.
The cheapest bag you can buy at Hermès is the Picotin 18 Lock Bag which costs $4,625. This bag is pricier than the most expensive Prada bag currently available in stores.
The most expensive Hermès handbag is the Birkin, which has several editions. It is also one of the most coveted fashion pieces in the luxury category as it tends to come in limited quantities. The Togo Birkin 35 model is currently priced at $12,400, while Birkin Sellier 35 is priced at $13,000.
Currently, the record for the most expensive bag ever to be sold at an auction is held by a limited edition Birkin bag. This bag was sold for $221,844. It was made from pink exotic crocodile skin and embellished with diamonds.
4. Chanel
Another big name in luxury fashion, Chanel, is a French brand founded by Coco Chanel. It was established in 1910 in Paris and specialized in bags, shoes, ready-to-wear clothes, accessories, perfume, and makeup.
While Chanel is known for its classic pieces that can be worn with anything, it also has some lavish creations that were sought after and have become iconic in the fashion world.
Chanel is more expensive than Prada.
Current Chanel bag styles are twice as expensive as the Saffiano Leather Double Prada Bag. The Chanel Classic retails for $8,800. In contrast, the other items are priced between $5,000 and $7,000.
The most expensive Chanel bag to date is the Diamond Forever handbag. When this bag was launched in 2007, only 13 pieces were manufactured, making it one of the most sought-after designer handbags in the world.
This bag is made from white alligator skin. It features 334 diamonds making up a total of 3.56 carats, while the hardware is made from 18-carat white gold. The price for this bag is $261,000.
5. Louis Vuitton
Established in Paris, France, in 1854, this brand, also known as Louis Vuitton Malletier, has one of the most iconic logos in the luxury fashion world.
Louis Vuitton specializes in luxury bags, leather goods, ready-to-wear clothes, shoes, watches, jewelry, accessories, and sunglasses. The brand’s LV monogram is featured on most of its products.
While many of its items are generally more affordable than Prada products, Louis Vuitton is still notorious for manufacturing extremely expensive pieces.
Many Louis Vuitton bags and accessories are more expensive than that of Prada.
With clean silhouettes and recognizable designs, Louis Vuitton is one of those brands that introduced innovative concepts that significantly contributed to the luxury fashion industry.
Louis Vuitton bags are usually priced between $1,500 and $7,000. While Prada’s most expensive bag currently costs $4,400, Louis Vuitton has a lot of bag styles priced at well over $5,000.
Perhaps one of the most iconic Louis Vuitton bags is the Tribute Patchwork bag, with only 20 pieces made during its release in 2007. While many people called it the “world’s ugliest handbag,” it was still a hit. It was priced at $42,000 and sold out immediately after its release.
6. Dolce & Gabbana
Dolce & Gabbana is an Italian luxury fashion house established in 1985 in Legnano. It was founded by Italian fashion designers Domenico Dolce and Stefano Gabbana.
Like Prada, Dolce & Gabbana specializes in ready-to-wear clothes, handbags, accessories, eyewear, and fragrances. It also has a makeup and cosmetics line.
Dolce & Gabbana is generally more expensive than Prada.
For bags, Dolce & Gabbana products start at $1,200.
On the website, it is very unlikely that you would find anything under $1,000. Most of the bags are priced between $2,000 and $6,000, but there are still pieces that cost more than $6,000.
One example is the Resin Dolce Box, which costs $7,715. This bag perfectly showcases the brand’s craftsmanship and attention to detail. It is made of plated resin with a quilted effect and encrusted with rhinestone appliqués. This bag features a top handle and a detachable strap.
Apart from the rhinestone-embellished version, the Dolce Box is also available in other variants with retail prices between $6,000 and $8,000. Some variants are embroidered, some are made of hand-painted wood, while some are made from jacquard fabric.
Another expensive piece is the Bubu bag, which is made of mesh adorned with rhinestones. It also has rhinestones on the fastening and comes with a detachable chain so that you can wear it in two ways – as a shoulder bag or hand-carried as a clutch bag.
Dolce & Gabbana also has extremely expensive clothes, such as a limited edition red dress adorned with beads. This dress retailed for $32,000 at Net-a-Porter, one of the most expensive items ever sold on the said website. Dolce & Gabbana also has a men’s double-breasted shearling coat that retailed for $13,000.
7. Ferragamo
Also known as Salvatore Ferragamo, this brand is an Italian luxury goods company founded in Florence, Italy, in 1927. Italian businessman Marco Gobetti chairs it.
Ferragamo specializes in designing and manufacturing luxury footwear and leather goods, including bags and accessories. It also has a collection of ready-to-wear clothing items and jewelry for men and women.
If you look at Ferragamo products, you’d see they are more expensive than Prada products.
Ferragamo may have a good collection of affordable items, with most below $1,000, but many of its products are still more expensive than Prada.
One example is the Ferragamo Studio Bag, characterized by its minimalist silhouette. It has a timeless elegance with a contemporary aesthetic. It is made from blue elaphe, which is a type of snakeskin. This bag retails for $4,800.
The Ferragamo Studio Bag also comes in another variant made from ostrich leather. This variant costs $12,500.
Another popular bag is the Iconic Top Handle Bag which starts at $6,500. It is made from lizard skin and is available in many colors, such as blue, red, and orange.
The Iconic Top Handle Bag also comes in an ostrich leather variant that costs $9,500 and a crocodile leather variant that costs $19,000.
Ferragamo is known to have sold some of the priciest pairs of shoes as a brand specializing in footwear. One is the Salvatore Ferragamo customizable Tramezza men’s shoes that cost as much as $13,500.
Sources:
The Top 10 Most Expensive Designer Handbag Brands In The World