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Just like last year, Nike and H&M come in at number one and number two, respectively, as the world’s most valuable apparel brands, according to Brand Finance. Nike is currently valued at $32 billion USD, while H&M has a valuation of $19 billion USD.

Rounding out the top five for 2017 are Zara at number three ($14.4 billion USD), Louis Vuitton at four ($13 billion USD), and adidas at five ($10 billion USD).

Other notable entries in the top 10 include Uniqlo (number six) with $9.6 billion USD, Rolex at number eight with $7 billion USD, and Gucci at nine with $6.8 billion USD.

Brand Finance takes into account sales, market share, global reputation, marketing investment and employee satisfaction when ranking the world’s most valuable apparel brands. For a look at the entire list for 2017, follow here.

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

Not NYC, not LA.

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