It turns out that the majority of our high street brands are owned by four holding companies; H & M group, Inditex, GAP Inc and Arcadia Group. Between them they own some of the most popular high street brands.
H & M Group:
The H & M group was founded in 1947 by E. Persson and its namesake brand, H & M, has grown to become one of the biggest high street fashion retailers. With an annual net income of 1.7 billion there are 6 other fashion retailers involved:
- Cheap Monday
Inditex owns 8 international fashion brands and currently has a net income of £905 million annually, while the owner A. Ortega has a personal wealth in the region of £50 billons which makes him the richest man in Europe and one of the wealthiest retailers in the world. Brands owned by Inditex:
- Zara & Zara Home
- Massimo Dutti
- Pull & Bear
Gap was founded by married couple Donald and Doris Fisher in 1969, who are still involved with the company at present. With an annual net income of £684 million over the years Gap Inc has grown to include:
- Banana Republic
- Old Navy
Owning some of the most popular high street brands, the Arcadia Group boasts a net income of £205 million. Burtons was the first brand that this group founded but over the next 100 years the group would grow to include:
- Topshop & Topman
- Miss Selfridges
- Dorothy Perkins
There are other smaller companies who are also vying for a piece of the fashion retailer market. The French Connection group, which include YMC and Toast. With the founder Stephen Marks currently sitting in the chairman and chief executive roles this group brings in an annual net income of £15 million.
Monsoon and Accessorize, have grown in popularity since their launch in 1973 by Peter Simon, and now both companies have a combined annual net income of £54 million. Boohoo has also seen the Kamani family add their name to the list of fashion retailer heavy weights. Since its launch in 2006 more family members were brought into the company and Pretty Little Things was launched in 2011.