Gymshark and Radley are UK's fastest growing fashion names internationally
Feb 19, 2020
With an average increase of 115.7% in international sales over the past two years, Solihull-based sportswear brand Gymshark is the UK’s fastest-growing fashion firm abroad.
According to The Sunday Times HSBC International Track 200, the seven-year-old sports brand achieved international sales of an impressive £143.5m in the year to July 2019, while total sales were £176.2m.
Gymshark is listed at 18 in the league table, a considerable feat among Britain’s fastest growers, however a decline from last year’s results, when it ranked at the top of the list.
Premium handbag brand Radley was the next fashion name on the list at number 40, with 79.11% average growth in international sales, while Yours Clothing secured a place in the ranking for the first time, at number 81, with a 53.22% increase.
Other private fashion companies performing well abroad included Lyle & Scott, which posted international sales of £23.1m in 2019, helping it achieve a 44.55% two-year average international sales growth. Lyle & Scott was ranked 115th overall.
Fat Face is listed at 118 with 43.54% growth, luxury destination Matchesfashion came in at number 134 with international sales growing on average 41.22% over the past two years, and designer menswear retailer End was named the 177th fastest-growing private company.
The White Company at 185, and Falmouth-headquartered Seasalt at 199, complete the list.
Copyright © 2020 FashionNetwork.com All rights reserved.