M&S reclaims top spot among clothing chains
Saturday 13 March 2010
Marks & Spencer has reclaimed its crown as the UK's biggest clothing retailer, but the market share of Bhs, its rival, has dived over the past year.
M&S grew its share of the clothing market, in terms of sales volumes, by 0.1 per cent to 13.1 per cent for the 12 weeks to 31 January 2010, according to TNS FashionTrak data seen by The Independent. Primark was in second place with a 10.8 per cent market share, higher by 1.1 per cent, followed by George at Asda with 9.5 per cent, up by 0.8 per cent, and Tesco which took an 8.1 per cent share, up by 0.3 per cent, over the period.
But the retail tycoon Sir Philip Green's Bhs chain registered a 0.9 per cent fall in market share to a lowly 1.9 per cent over the 12 weeks. This dragged down the total market share of Arcadia – the group behind Sir Philip's brands including Topshop and Dorothy Perkins – from 6.1 per cent to 5.3 per cent. M&S, Asda and Bhs declined to comment.
Last summer, George leapfrogged M&S to become the UK's biggest clothing retailer for the 12 weeks to 15 August. However, George and Primark typically get a boost from consumers snapping up disposable fashion items such as T-shirts over the summer.
- 1 The difference between a migrant and refugee, in one sentence
- 2 Miley Cyrus calls out hypocrisy of women’s nipples being taboo
- 3 Celebrity Big Brother 2015: Tila Tequila kicked off show after 'describing Hitler as a good man'
- 4 Watch the Supermoon live: How to see the brightest Moon of the year tonight
- 5 iPhone 5c to be discontinued, no iPhone 6c to replace it
Spain accused of 'provocation' after letting Russian submarine refuel off Gibraltar
The difference between a migrant and refugee, in one sentence
Allonautilus scrobiculatus: World's 'rarest' creature spotted for only the third time ever
Miley Cyrus calls out hypocrisy of women’s nipples being taboo
Bangkok Bomb: Thai police name Adem Karadag as suspect arrested over blast that killed 20
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Black holes are a passage to another universe, says Stephen Hawking
Iain Duncan Smith 'should resign over disability benefit death figures', says Jeremy Corbyn
Stock up on canned food for stock market crash, warns former Gordon Brown adviser
Labour leadership: Jeremy Corbyn voters most likely to believe 'world is controlled by a secretive elite'
iJobs Money & Business
£25000 - £30000 per annum: Recruitment Genius: From modest beginnings the comp...
£35000 - £40000 per annum: Recruitment Genius: From modest beginnings the comp...
£15000 - £65000 per annum: Recruitment Genius: This is an exciting opportunity...
£18000 - £20000 per annum: Recruitment Genius: This is a fantastic opportunity...