Is fashion business controlled by 4 main companies?
When going shopping for some clothes, you might think you're visiting the different stores with different owners, and that you might be supporting different retailers, but the reality might be somewhat different. Based on a research by voucher code company My Voucher Codes, the main retailers you actually visit are owned by the same 4 companies, plus around the same amount of slightly smaller ones. So if you were thinking something different, you would have been wrong.
The four biggest players in the high street fashion are Inditex, H&M, Arcadia, And GAP Inc. Together they own, or are majority shareholders in around 25 different fashion retailers, and have a combined annual net income of roughly 3.5 billion pounds. The biggest of them (based on their annual NET income) is H&M Group which ones 6 international fashion brands - H&M COS, Cheap Monday, Monki, Weekday and & Other Stories. H&M Group is followed by Intidex with 8 fashion retailers - Zara, Zara Home, Bershka, Massimo Dutti, Pull & Bear, Stradivarius, Oysho and Uterque. GAP Group comes third and owns Banana Republic, Old Navy (1994, Intermix and Athleta. Fourth is Arcadia Group with Peter Robinson, Miss Selfridge, Dorothy Perkins, Wallis, Evans and Outfit. Some of the companies they own they have formed themselves, while the others have been acquired by other means.
If you're interested in the topic, be sure to check out this article for some more information about those four companies as well as the ones that come after them.
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