There are hundreds and hundreds of brands vying to be added to your shopping cart, but which one has officially come out on top? Forbes has just released its latest list of the world's most valuable brands, and the usual suspects came in on top: Apple, Google, and Microsoft. But what about the fashion realm? The number one fashion label on the list was none other than Nike, which took the 16th overall spot.

Forbes values the brand at a whopping $29.6 billion—an 8% increase from last year. Louis Vuitton, H&M, Hermès, and Gucci were the only other fashion brands included in the top 50. Curious to find out how the results were calculated? Learn more about the list on Forbes's website.

In honor of the new Forbes list, scroll down to shop our Nike picks.

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