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Nike is the World’s Most Valuable Clothing Brand

Winning, it seems, really is a habit for Nike. The athletic gear giant is the world’s most valuable clothing brand.

Forbes released its latest list of the World’s 100 Most Valuable Brands 2016, with Nike in the No. 18 spot, the first apparel brand on the list.

It’s the same spot the retailer held last year, but this year, it edged out luxury retailer Louis Vuitton (No. 19 this year, No. 14 last year), indicating the world’s increasing adoption of athletic gear as everyday wear.

Read more at Sourcing Journal.

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