Chanel is synonymous with that of the elite, and this known brand as one of the top 10 most expensive clothing brands earns the nods of approval from the rich and famous, and the famous tweed suits of Coco Chanel is a fashion industry staple. As one among the top elegant fashion houses, Chanel has revolutionized women wear products related to clothing, as the younger and trendier crowds get lured by this designer clothing brand. It has an enviable mass appeal as well has remained the status symbol of the elite crowd.