To absolutely no one’s surprise, the athletic apparel giant Nike was once again named the world’s most valuable apparel brand for the year.
It’s almost impossible to go through a shopping mall or a sporting event without seeing the iconic Nike swoosh logo. Not surprisingly, the athletic apparel giant is all over the world selling its products, and it’s hard to find someone who doesn’t recognize the company.
That’s why it came as no surprise that Nike was once again voted the world’s most valuable apparel brand according to Brand Finance. The athletic apparel brand is currently valued at nearly $32 billion, with the next most valuable brand being H&M, which comes in significantly farther behind at a valuation of just over $19 billion.
Adidas is the next closest athletic apparel brand on the list at No. 5, coming in with a valuation of a little more than $10 billion. Under Armour is the next closest at No. 13 on the list, while PUMA comes in all the way down at No. 32. You can check out the top 10 apparel brands below.
1. Nike — $32 billion
2. H&M — $19 billion
3. Zara — $14.4 billion
4. Louis Vuitton — $13 billion
5. Adidas — $10 billion
6. Uniqlo — $9.6 billion
7. Hermes — $8.3 billion
8. Rolex — $7 billion
9. Gucci — $6.8 billion
10. Cartier — $6.7 billion
The dominance of Nike shows just how much it has established itself as the premiere brand for athletic apparel. Its apparel deals with the NFL and NBA certainly help with its exposure, as do its endorsement deals with elite athletes from Michael Jordan and LeBron James to Serena Williams and Roger Federer.
Nike isn’t going away any time soon, and these numbers prove that.
