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Nike retains title as world’s most valuable apparel brand while luxury brands boom after COVID-19

April 5, 2022

Changing consumer and industry pressures are changing the appearance of the apparel industry as sports and luxury clothing brands surge, and cheap fast-fashion brands contract, according to a new report from leading global brand consultancy, Brand Finance. The new report finds that amongst the top 50 apparel industry brands, the aggregate brand value of luxury apparel brands has grown 21% this year (from US$103 billion to US$125 billion), sportswear brands have grown 10% this year (from US$68 billion to US$74 billion) while fast fashion brands have dropped 7% (from US$44 billion to US$41 billion). Brand Finance