Despite losing nearly a billion dollars in its third fiscal quarter,
Though Nike lost nearly 12% of its overall value in the past year, it retains over $28 billion USD in worth, ensuring its stranglehold as the world’s most valuable clothing label. Its closest rival,
Outside of sportswear, scandals have rocked H&M to the point where only $2 billion USD separate the Swedish fast fashion powerhouse from Spanish competitor Zara. Meanwhile, Japan’s Uniqlo dropped from #5 to #9, widening the gap between its nearest challengers.
In the luxury sector, Hermès leads
Check out the top 10 global apparel brands below and head to Brand Finance’s website for the full list along with an explanation of its ranking methodology.
Elsewhere, Louis Vuitton made major waves by recruiting Virgil Abloh as its new menswear designer.