Saturday, November 23, 2024

UK athleisure brands make Sunday Times 100 list

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Manchester-based athleisure brand Adanola was ranked the seventh fastest-growing private company in the UK, with a compound annual growth rate (CAGR) of 202% a year for three years.

Hampshire-based outdoor clothing label Passenger, which last year was named the ninth fastest-growing business in the country, fell to 14th in the latest ranking, followed by bridalwear retailer Six Stories in 15th place.

With a CAGR growth of 171%, Passenger is the second-fastest growing fashion retail business in the UK, being surpassed only by Adanola. Athleisure’s reign continued with Castore in 34th place, Poole-based ThruDark in 61st and Drapers 30 Under 30 2022 alumni Aybl Group, which took the crown of the fastest-growing UK business in 2022, completing the ranking in 100th place,

Out of the five highest ranking clothing retail businesses, four are based in Manchester: Adanola, Six Stories, Castore and womenswear brand Club L London, which ranked 54th on the Sunday Times list.

Bolton-based Represent and Cambridgeshire’s Mauvais were the only two men’s ready-to-wear fashion businesses to make it on this year’s ranking, in 68th and 82nd place, respectively, followed by womenswear brands Jaded London and Disturbia in 83rd and 84th place.

Rank

Name

Activity

Location

Sales

Growth

7

Adanola

Fashion brand

Manchester

£57.4m

201.52%

14

Passenger

Outdoor clothing brand

New Forest

£34.3m

170.92%

15

Six Stories

Bridalwear retailer

Manchester

£7.9m

170.31%

34

Castore

Sportswear brand

Manchester

£190.3m

123.59%

54

Club L London

Fashion brand

Manchester

£38.6m

96.87%

61

ThruDark

Outdoor clothing brand

Poole

£10.1m

89.52%

68

Represent

Menswear brand

Bolton

£80.8m

81.37%

82

Mauvais

Online fashion retailer

Cambridgeshire

£7.5m

69.90%

83

Jaded London

Fashion brand

London

£40m

69.77%

84

Disturbia

Womenswear retailer

Northumberland

£18.5m

69.67%

100

AYBL Group

Sportswear and fashion brands

Redditch

£38.8m

61.89%

 

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