Zara among most valuable brands in the world, according to new rankings

ZARA and six other Spanish brands are among the world top 500, according to Brand Finance rankings.

The clothes store, along with Santander, BBVA, Movistar, Repsol, and Iberdrola have retained their place in the world’s 500 most valuable brands.

Zara reigned supreme in 82 position with a value of $17.5 billion and Santander was close behind in 92 with a value of $16.2 billion.

BBVA ($11.6 billion) rises to 131, Movistar ($11.4 billion) to 132 and Repsol ($4 billion) dropped to 443 as did Iberdrola ($3.9 billion) to 468.

While department store El Corte Ingles entered the list for the first time in 434 with a value of $4.1 billion.

Commerce giant Amazon was the most valuable company in the world at $150 billion.