Uniqlo and ASICS lift Japan’s apparel brand value 29% to $13 billion

Japan recorded the fastest apparel brand-value growth among 14 countries in Brand Finance’s 2026 ranking, as functionality, value and wellness increasingly shape global consumer demand.

Japan has emerged as the fastest-growing country by collective apparel brand value in Brand Finance’s Apparel 50 2026 ranking, with its represented brands increasing a combined 29% to $13 billion.

The advance was driven overwhelmingly by Uniqlo, whose brand value rose 12% to $11.3 billion, and the first appearance of ASICS, valued at $1.7 billion. Japan outpaced all 13 other countries represented in the global ranking.

Uniqlo enters global top 10
Uniqlo now ranks 10th among the world’s most valuable apparel brands. Brand Finance gave it a Brand Strength Index score of 71.5/100 and an AA rating.

Parent company Fast Retailing continues to expand internationally, including plans for 11 new US stores across markets including Chicago, San Francisco and New York. Collaborations and collections involving Cecilie Bahnsen, JW Anderson and Pokémon have complemented the company’s core proposition of accessible, functional everyday clothing.

The combination is important: Uniqlo is not competing primarily through luxury positioning or rapid trend turnover, but through product functionality, relatively stable styling, scale and disciplined international expansion.

ASICS broadens beyond performance sport
ASICS entered the Apparel 50 with a $1.7 billion brand valuation, supported by rising global demand for running, activewear and athleisure. Its Brand Strength Index stands at 50.9/100, with an A- rating.

The company has been strengthening links with running communities through its Re:focus campaign and a four-year title sponsorship of the Los Angeles Marathon beginning in 2026.

Function becomes a brand asset
For textile and apparel manufacturers, Japan’s performance points to a commercially important shift. Brand value is increasingly being built around comfort, performance, wellbeing, material functionality and credible value propositions, not fashion imagery alone.

That creates opportunities upstream for suppliers capable of delivering differentiated stretch, thermal management, lightweight construction and other functional materials at commercial scale.

The next test is whether Japanese brands can sustain this momentum as Uniqlo expands globally and ASICS converts its running credibility into broader lifestyle demand.

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