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% |