INSIGHTS - OCTOBER 2024

UK Clothing & Fashion Industry

UK Clothing & Fashion Industry Information

Clothing manufacturing, also known as the garment industry, involves all stages in the production of apparel, including design, cutting and sewing of any clothing items such as outerwear, underwear, workwear, formal or casual clothing and accessories.

Active Businesses

6,004

Annual Sales

£6bn +

Employees

45,409

Economic Contribution 

£1bn

Tags

Location of Clothing & Fashion Companies

Clothing & Fashion Companies by Size

78% Micro

18% Small

3% Mid

1% Large

0% Mega

Largest Clothing & Fashion Companies
Turnover
Clothing & Fashion Companies by Age

34% Young

27% Startup

22% Established

16% Mature

2% New

Fastest Growing Clothing & Fashion Companies

43% Declining

19% Rapid

17% Healthy

13% High

8% Low

Clothing & Fashion Industry Competitive Environment - New Entrants vs Leavers

Clothing & Fashion Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Clothing & Fashion Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Clothing & Fashion Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of wearing apparel Industry Insights

There are 6,004 active Businesses in the UK with combined annual sales of £6 billion .

The Industry employs around 45,409 people and contributes £1 billion to the economy.

The most popular location for Clothing & Fashion companies is London with 2,319 and the fewest are located in Northern Ireland with 85.

The largest Clothing & Fashion company is Burberry Limited with a turnover of £2bn. 78% of the industry is comprised of Micro companies with only 3% Mid companies.

16% of the Clothing & Fashion Industry is made up of 16% Mature but the majority are Young businesses (34%) the oldest company is Quantum Clothing Group Limited founded in 1865.

Clothing & Fashion industry has a number of high growth companies (13%), the fastest growing company is Bioworld International Limited with a 3 year growth rate of 65%. Other fast growing companies include Crystal Martin Holdings Limited (64%), Brandand Limited (51%) and Randa Uk Limited (51%).

The UK Clothing & Fashion Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 12.40x, Turnover multiple of 1.86x and a Net Asset multiple of 4.11x.