The Face of the High Street
Fashion retail can be a tricky environment, in a year when we have seen BHS pretty much go under and M&S clothing struggle, who comes out on top? Well it seems the strongest brands on the market are Zara who are owned by Spanish business man Amancio Ortega, he runs Inditex which owns 8 international fashion brands including Zara. Following suit is Arcadia Group which is led by Sir Philip Green, who incidentally was at the helm of BHS for some time and embroiled in their pension deficit fiasco.
To break stuff down, My Voucher Codes have created an interesting infographic from their research into the biggest high street fashion brands, which you can see here. From the study, you can see some of our favourite brands actually are only really owned by 3 main holding companies, their net income and brands under the umbrella:
H&M Group – £1.7b
- H&M
- Cos
- Cheap Monday
- Weekday
- & Other Stories
Inditex – £903m
- Zara
- Zara Home
- Bershka
- Massimo Dutti
- Pull & Bear
- Stradivarius
- Oysho
- Uterque
Arcadia Group – 205.1m
- Burton
- Topshop/Topman
- Miss Selfridge
- Dorothy Perkins
- Wallis
- Evans
- Outfit
You can also see all major retailers on the infographic, however there are some mover and shakers on the list, online only retailers which seem to be taking the fashion world by storm. With affordable fast fashions which started life in the UK:
Kamani Family – £9m
- Boohoo
- Pretty Little Thing
Online retail shopping has been big recently omitted from the My Voucher Codes research is retailer ASOS who have a very big online presence and now deliver worldwide. Will we see more brands coming into the fold of larger companies or see more new arrivals, which seem to be succeeded off the back off online shopping, rather than actual high street stores?