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These are the brands that blew up in 2018

From Gucci and Balenciaga to Vans and Glossier, these are some of the most explosively successful brands of 2018.

Rihanna's runway show at New York Fashion Week made a big statement.

2018 has been a significant year for the retail sector.

Wounded from the so-called retail apocalypse that defined 2017, some of the nation's most established brands have been faced with the fact that they either have to adapt or die. As a result, many have been forced to take lessons from trendy young startups that have swooped in and redefined the way we shop.

From Gucci and Balenciaga to Crocs and Glossier, these are some of the most explosively successful brands of 2018:

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Supreme

After receiving a $500 million cash injection from the Carlyle Group in 2017, the company hit a $1 billion valuation. It has continued to grow throughout 2018, making the top 10 list of teens' favorite brands in four consecutive biannual surveys done by Piper Jaffray.

This trendy streetwear brand is known for its product "drops," which have become some of the most anticipated events of the year for its followers.

During the season, these drops happen every Thursday online and in stores.

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Vans

Californian skater brand Vans has been around since the 1960s but has exploded in popularity in recent years. After it was acquired by

Piper Jaffray's latest "Taking Stock With Teens" survey, it has had the fastest growth in popularity since the study began in 2000.

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Crocs

Crocs has been experiencing a comeback thanks to the "ugly fashion" movement.

As a result, high-fashion designers have been eager to repurpose the brand as an ironic high-fashion icon. Balenciaga's $850 platform Crocs sold out almost instantly. A follow-up Balenciaga Crocs stiletto also went viral.

Calvin Klein

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Calvin Klein has been benefiting from a resurgence of '90s fashion, specifically, the return of the logo. It relaunched

Off-White

Off-White was labeled the hottest brand in the world in a recent ranking released by fashion and e-commerce platform Lyst.

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Founded in 2012, this high-end streetwear label is the brainchild of Virgil Abloh, who's also artistic director of Louis Vuitton Men's.

Off-White has risen 33 places in the Lyst ranking over the last year, surpassing Gucci and Balenciaga, thanks to Abloh's globally hyped launches and collaborations with brands and celebrities such as Nike and Serena Williams.

Gucci

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46.6% in the first quarter of 2018 and were up 35.1% in its most recent quarter, according to its parent company Kering.

Fashion Nova

Fashion Nova has become the internet's favorite fashion brand.

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Fenty Beauty and Savage X Fenty

Rihanna also made headlines this year with her racy lingerie collection and runway show, which featured models of all shapes, sizes, and ethnic backgrounds.

Drunk Elephant

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Drunk Elephant skincare was created by Tiffany Masterson, a consumer who found herself disillusioned by what was available in the industry.

Since launching in 2013, it has gained a cult following, and many of its products have become Sephora best-sellers. Its serums cost between $52 and $134.

In a recent survey of conducted by Goldman Sachs and Condé Nast, the company was named as one of the most popular brands that they have b

Yeezy

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Kayne West made some wild allegations about the

West family's antics, coupled with his brand's select distribution strategy, make for a "mighty Yeezy hype machine."

Everlane

Direct-to-consumer brand Everlane, which prides itself on being transparent about its pricing and manufacturing, is quickly becoming one of millennials' favored brands.

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At the end of 2017 and early 2018, it opened its first permanent stores in New York and San Francisco.

Today, long lines outside the door have become a permanent fixture at its New York location.

Balenciaga

Its $850 high-heeled Crocs, which were first sold exclusively at Barney's, sold out before they even hit stores earlier this year.

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But Balenciaga has been best known for its Triple S sneakers, the

Glossier

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