2021, the top 50 most valuable apparel brands announced that Nike continues to win the championship

A few days ago, brand consulting company Brand Finance released the report "brand finance apparel 50 2021" (the top 50 apparel brands with the highest value in 2021).
The report shows that due to the impact of the Covid-19, the total value of the top 50 apparel brands in the world has fallen by 8%. For the 7th consecutive year as the world's most valuable clothing brand, the brand value fell by 13% to US$30.4 billion. The other top 10 mentioned in the report are Gucci, Louis Vuitton, Adidas, Chanel, ZARA, Uniqlo, HM, Cartier, and Hermes.

 From 2020 to 2021, the fastest decline in brand value is up to 30.7%. Correspondingly, Fila has the largest increase in brand value, creating a growth rate of about 68.4% and brand value reaching 2.7 billion US dollars. Last year, the brand operated in more than 70 countries through licensing agreements, creating strong performance growth, especially in China. In addition, it is worth to notice that the Chinese brand Bosideng, as the 50th, made it to the list.