Have you ever considered who actually owns our favourite high street fashion retailers? Those shops you visit to get a new outfit or something to treat yourself? Well wonder no longer as an online voucher code website has actually looked into the holding companies of the top high street retailers, their net income and what shops are under the umbrellas.
They have created this infographic:
You can read more about each of the companies in this article to find out the main stats.
What we found interesting is that’s although some of these brands have standalone or concession shops, some on the list are purely online only, such as those owned by the Kamani Family; Boohoo and Pretty Little Thing, or ASOS which My Voucher Codes omitted from the infographic.
Part of the reason these companies are going strong still, is their online presence, over having shops. Flexibility of online shopping means people have more time to actually find something they want. Although deliveries and returns can be a hassle, flexibility offered by retailers now make it so much easier. In addition the advent of voucher code sites which allow people to find discount codes for their favourite retailers make it so easy to save money.
Other brands such as Topshop and Topman, Dorothy Perkins and Burtons, Zara, Urban Outfitters and H&M have been around a long time, they adapted to changing environments by pushing online sales and looking to social media for advertising, to keep going. According to research 85% of the world’s population shops online, emerging markets such as China, Brazil, Vietnam and India are fuelling the surge. The internet and technology is now a part of our everyday lives, it makes sense we use it even for tasks such as shopping, that people once did on the actual high streets. But it does beg the question what does the future hold for our high street retailers.