Pages

Tuesday 30 April 2013

Has British Style Affected the Fashion Retail Rich List?

British style is renowned for it's eccentricity, it's thrifty and changeable. Gone are the days of the Saville Row suits for most men who prefer to rummage through vintage stores, we long for a quick fashion fix for the most part. Whereas American style relies on items that last a lifetime, us Brits prefer a disposable and affordable style.

Vogue UK

Is it possible that our British style has affected the Sunday Times Rich List this year? Let's take a look at the Top 10 Fashion Retailers:



1. Galen and George Weston and family - Selfridges, Primark, £6.65bn.
2. Sir Philip and Lady Green Topshop - Dorothy Perkins, Bhs, £3.88bn.
3. Sir David and Sir Frederick Barclay - Littlewoods, £2.35bn.
4. Mike Ashley - Sports Direct, Sportsworld, £2.3bn
5. Bernard Lewis and family - River Island, £1.25bn
6. Stephen Rubin and family - JD Sports Fashion, Speedo, Berghaus, £1.12bn
7. John Hargreaves and family - Matalan, £1bn
=8 Richard Caring - International Clothing Design, £700m
=8 Christina Ong and family - Mulberry, £700m
10 David Bromilow - Adidas, £650m
The only designer brand there is Mulberry - known for their quality bags, particularly loved by British style icons such as Alexa Chung and Kate Moss. The fashion brands above are generally on the lower scale, even Primark is a multi-million business! Since the credit crunch happened the entirety of Britain is crazy about bargains. The most stylish of areas are renowned for vintage fashion nowadays and many bloggers come back from Primark with a haul of new clothes to last perhaps a month. It's no secret that bloggers are very influential to anyone mildly interested in fashion, and the majority of those which are popular are known for rummaging through charity shops, car boot sales and vintage stores. The expensive purchase is quite rare, any high-end fashion blogs are aspirational rather than inspirational and not many of these originate in the United Kingdom.

Vogue UK

So our thrifty nature has made an obvious impact, nobody is spending a lot of money on fashion any more and even the high street is dying - many of these retailers sell online so perhaps it's this unstoppable force that will eventually rid of high streets altogether. Will there really be any need for them? If we keep clicking away online, making quick purchases that can be at your door the next day (and most sites offer free postage or discount codes - the items are generally cheaper too). With technology going at light speeds we'll soon be able to touch and feel the clothing in the comfort of our own homes!


No comments:

Post a Comment