Fashion Brands - What Franchises Are There?
Everyone needs to buy clothes at some point, but the UK’s annual expenditure on clothing has increased over the years and now contributes £66 billion to the UK economy. Not only is the clothing industry booming, but it is also undergoing numerous changes, and has been particularly tumultuous over the last few years. With the rise in internet shopping, the prominence of ‘fast fashion’ and – conversely - increasing interest in the sustainability of clothes, established fashion brands are forced to adapt and evolve in order to keep up with consumer demand.
This makes for an exciting investment opportunity. With 555,000 people - or one in six - working in fashion and textiles in the UK, this is a huge industry. So, let’s take a look at some of the biggest fashion brands in the UK.
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UK Fashion Brands
The UK hosts a vast range of clothing retailers, located both on the physical high street and online. Most stores have a niche, appealing to a specific target market or providing a particular style of clothing. Some of the most popular among younger consumers include Zara, H&M and Topshop, while older customers who might be in search of more classic pieces might turn to M&S, Debenhams or Whistles. Missguided and Boohoo exclusively sell their clothes online and are known for their very affordable collections, while Ann Summers and Boux Avenue specialise in lingerie, and Sweaty Betty offers sportswear. In short, whatever you’re looking for, you’re bound to be catered for at one store or another in the UK.
Luxury Fashion Brands
While luxury fashion is out of reach for the average person, most people are aware of many of the top fashion labels, and the sort of styles that characterise them. Many of these fashion houses have a long and impressive history, and are held in high esteem by a lot of people.
This is one of the most famous luxury fashion brands in the UK. Alexander McQueen’s fashion label was established in 1992, when the fashion icon was still only in his early twenties, having already been head designer of the Louis Vuitton-owned Givenchy. Alexander McQueen’s eminence is demonstrated by the fact that he won the British Fashion Council’s British Designer of the Year four times and was awarded Commander of the Order of the British Empire (OBE) before his death at the age of 40.
The Alexander McQueen brand sells clothes, shoes and accessories for men and women and has an international presence, with a store in London and a large number of stores in China, Japan and the US.
Stella McCartney, daughter of Linda and Sir Paul McCartney, launched her first high-end fashion collection in 2001, and has since built a brand that emphasises ‘sharp tailoring, natural confidence and sexy femininity’. The British designer has been vegetarian all her life and does not use leather or fur in her clothes on principle.
Today, there are 51 Stella McCartney stores worldwide in locations including Mayfair and Brompton Cross in London, as well as Manhattan, West Hollywood, Paris, Milan, Tokyo, Shanghai and Beijing. In addition to this, her designs are available in department stores and speciality shops in a total of 77 countries and can be bought online in 100 countries.
For those with a more modest budget, there are plenty of fashion brands up and down the high street that offer designs inspired by those exhibited on the catwalk.
Launched more than 45 years ago, Monsoon has been delivering beautiful, quality pieces to the people of the UK for decades. This brand came into being as a result of a trip to a hippy commune in Ibiza, and travels through Afghanistan and India in 1970. In Monsoon stores, consumers will find vibrant fabrics and hand-crafted, artisan clothes inspired by faraway places.
Like many fashion brands, Monsoon has expanded over the years to incorporate a homeware range (Monsoon Home), an online presence and social media accounts. Despite being a huge fashion brand, with 450 UK stores and 800 more internationally. The fashion business also takes the welfare of its employees extremely seriously and works within ethical trading standards.
Those interested in joining the fashion franchise should email FranchiseQuery@monsoon.co.uk.
Clarks is a highly-regarded shoe manufacturer that has been developing its expertise since 1825, when Cyrus and James Clark made a slipper from sheepskin off-cuts. It is this long history that has helped the fashion business expand to comprise more than 1,400 outlets in 75 countries worldwide. The brand is so successful it even claims to sell over 100 pairs of shoes every minute.
Of its 1,400 stores, Clarks has 680 franchised locations across the world and is accepting applications from any investors who are interested in joining the successful franchise.
As the only fashion franchise currently on the Point Franchise books, Noa Noa is a high-end label that provides quality pieces designed to last. This is an international franchise aimed at the ‘modern, bohemian woman’ and takes inspiration from design traditions from Denmark. Clothes are manufactured relatively slowly but with care, using both traditional and contemporary techniques to present a high-quality alternative to the many fast fashion labels that seem to dominate the high street at the expense of the environment. Noa Noa truly respects nature, using natural elements such as wool, silk and organic cotton, and granting customers a return period of a month to help ensure that no unloved items end up in landfill.
The business is actively seeking out new franchisees to build upon the 60 concept stores and 400+ department stores in 20 countries that sell Noa Noa’s fashion range. Franchisees looking to start their own franchise should invest between £50,000 and £100,000 in their new business venture and they will also benefit from Noa Noa’s induction scheme which supports new members of the business.
Alice Tuffery, Point Franchise ©
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