The numbers don't lie. A new report published today by Brand Finance revealed the most valuable fashion brands in the world based on factors such as financial performance and growth rates. The top five brands include a mix of luxury and sportswear companies—all household names, of course.
At the top of the list is a familiar name: Nike. "From its relentless commitment to innovation, ability to stay ahead of market trends, and extensive partnerships with athletes worldwide, Nike has firmly cemented its place at the top of the apparel industry," Annie Brown, general manager of Brand Finance UK, said in a statement. "In 2023, the brand is continuing to leverage its enormous global influence and reputation to empower positive change in the sporting world and beyond." Scroll down to see and shop the top five most valuable fashion brands in the world.
5. Adidas Valuation: $15.7 Billion
4. Gucci Valuation: $17.8 Billion
3. Chanel Valuation: $19.4 Billion
2. Louis Vuitton Valuation: $26.3 Billion
1. Nike Valuation: $31.3 Billion
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