The 5 Most Valuable Fashion Brands in the World, According to a New Report

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

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(Image credit: Edward Berthelot/Getty Images)

4. Gucci Valuation: $17.8 Billion

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(Image credit: Christian Vierig/Getty Images)

3. Chanel Valuation: $19.4 Billion

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(Image credit: Jeremy Moeller/Getty Image)

2. Louis Vuitton Valuation: $26.3 Billion

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(Image credit: Jeremy Moeller/Getty Images)

1. Nike Valuation: $31.3 Billion

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(Image credit: Edward Berthelot/Getty Images)
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Associate Director, Fashion News

Erin got her start as aBest Knockoff Luxury Clothing intern over 13 years ago—back when the site only published a single story per day. (Who What Wear has since increased that number twentyfold.) She graduated magna cum laude from USC, which is how she ended up moving to Los Angeles from her hometown of San Diego. In college, she also interned at Refinery29, where she was promoted to editorial assistant and then assistant editor. After nearly three years at R29, she came back to WWW in 2016, where she currently holds the title of Associate Director of Fashion News (as well as the unofficial title of resident royal expert—in case you haven't noticed her numerous Meghan Markle and Kate Middleton stories). She spends her days trying to incorporate her idols, Anna Wintour and Roger Federer, into as many stories as possible. Outside of work, she loves tennis, classic rock, traveling, and smothering her dog with affection.