INSIGHTS - NOVEMBER 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

5,954

Annual Sales

£7bn +

Employees

45,158

Economic Contribution 

£2bn

Tags

Location of Clothing & Fashion Companies

Clothing & Fashion Companies by Size

77% Micro

18% Small

3% Mid

1% Large

0% Mega

Clothing & Fashion Companies by Age

33% Young

26% Startup

22% Established

16% Mature

3% New

Fastest Growing Clothing & Fashion Companies

41% Declining

20% Rapid

17% Healthy

14% 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 5,954 active Businesses in the UK with combined annual sales of £7 billion .

The Industry employs around 45,157 people and contributes £2 billion to the economy.

The most popular location for Clothing & Fashion companies is London with 2,286 and the fewest are located in Northern Ireland with 90.

The largest Clothing & Fashion company is Burberry Limited with a turnover of £2bn. 77% 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 (33%) the oldest company is Quantum Clothing Group Limited founded in 1865.

Clothing & Fashion industry has a number of high growth companies (14%), 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%), Randa Uk Limited (51%) and Brandand Limited (51%).

The UK Clothing & Fashion Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 11.45x, Turnover multiple of 1.74x and a Net Asset multiple of 3.38x.