Monday, 29 April 2013

Fashion rich list.

So this week the Sunday Times have published the UK's fashion richlist. It is as follows.


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
I Find it very intersting that three quarters of the people listed on the top 10 own and run high street brands. I would think that if luxury brands sell garments at a higher price point that maybe they would have bigger revenue but this doesn't look like the case. Primark came in at number one and Sports Direct at number three. Walking into your local primark, the one that has jumpers on the floor and sign's for clothing that don't hit double digits you would think cooler brand's like mulberry which everyone aspire's to buy into makes more money. Does think make Primark more relevant that Mulberry? I don't think so. I find it really interesting how many designer brands don't make more money than high street one's but it's the high street that copy and rip off designer's. With a list of many high street brands ruling the top of the list you would think these brands would invest in there own original desinger. 

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