The latest rankings reveal the exceptional rise of several UK-based fashion brands. Castore, Passenger Clothing, and Nobody’s Child have been recognised for their impressive growth in the market.
- Castore, specialising in sportswear, topped the list with a 159.92% compound annual growth rate (CAGR).
- Passenger Clothing followed closely, marking a 111.14% CAGR with a focus on sustainable outdoor wear.
- Womenswear brand Nobody’s Child secured the third spot with a CAGR of 102.87%.
- Other notable mentions include menswear retailer Moss Bros and contemporary brand Me & Em.
The annual Interpath Retail Index has placed Castore at the forefront of the fastest-growing fashion businesses in the UK. The sportswear brand achieved a remarkable two-year compound annual growth rate (CAGR) of 159.92%, bringing its turnover to £115 million in 2024. This growth highlights Castore’s ability to identify and cater effectively to their customer base.
Passenger Clothing, renowned for its sustainable outdoor clothing, ranked second on the list. This brand achieved a CAGR of 111.14%, reflecting its commitment to sustainability while reaching a turnover of £34.3 million.
In third position, Nobody’s Child, a womenswear brand, achieved a growth of 102.87% with a turnover of £26 million. This accomplishment underscores the brand’s appeal in the women’s fashion segment.
Moss Bros, a specialist in formal menswear, and the contemporary brand Me & Em, showcased their robust market presence, ranking fourth and fifth, respectively. Moss Bros achieved a growth rate of 99.94% leading to a turnover of £151.6 million, while Me & Em’s growth of 93.67% brought their turnover to £82 million.
The rankings further included notable fashion entities such as Sosandar, Apricot, and others, reflecting the diverse and dynamic nature of the UK fashion industry. Mark Raddan, the Group CEO at Interpath, expressed delight in partnering with Oresa to celebrate retailers who have shown exceptional growth.
Orlando Martins, founder and CEO of Oresa, commended the companies for proving that informed strategies can lead to rapid growth, contributing significantly to the economy and demonstrating the retail sector’s potential for social mobility. He emphasised the impressive ability of these companies to expand without the reliance on external funding.
Tom Beahon, co-founder of Castore, stated that their success is rooted in understanding their customers and the value they bring to their lives, which remains a constant even as methods and technologies evolve.
The remarkable growth of these brands reflects the adaptability and resilience in the UK’s fashion retail sector.
