Fast fashion to blaze trail in retail sector

The clothing market will outperform all other retail sectors despite facing tough trading conditions, according to research company Mintel. It forecasts that the sector will grow by 18.4% to £34.7bn over the next five years.

The report “Clothing Retailing in the UK” predicts that non-food sales will grow 15.3% while the overall retail sector will increase by 15.9%.

“Fast fashion” retailers are expected to continue to dominate the sector as the UK becomes a nation of value-orientated shoppers. Primark, which only entered the UK market in 2003, now attracts nearly one in four shoppers and is already one of the top five clothing retailers in the UK.

It shares the top spot with Asda, Matalan, Next and Marks & Spencer. The latter has retained its title as the nation’s favourite clothing store. The resurgent high street giant has sales of £3.6bn and a 15% share of the clothing market.

Latest from Marketing Week

NOT REGISTERED? IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now

THE BEST CONTENT

Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email customerservices@marketingweek.com

If you are looking for our Jobs site, please click here