Fashion

Do you know who owns your favourite retailers?

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Over the last few years people are becoming more aware of where their fashions are coming from, where the clothes are produced, the working conditions in the factories and the pay staff get. Looking into profits these companies make, who owns these fashion retailer that we all shop in frequently and how much they are worth My Voucher Codes discovered that many of these brands are owned by just a few umbrella companies and some people are very rich from it.

The money saving and voucher code website looked at the biggest names in fashion including Topshop, H&M, Gap and Zara, to find out where these companies started, how they grew in to the global brands they are today and who actually owns these retailers. You can see their full breakdown of their research here, however we looked into the biggest brands, H&M Group, Inditex, Gap Inc.  and Arcadia Group.

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H&M Group

  • Founded – 1947 by Erling Persson
  • Net income – £1.7 billion
  • Umbrella brands:
  1. H&M
  2. COS
  3. Cheap Monday
  4. Monki
  5. Weekday
  6. & Other Stories
  • Holding company details – Persson family are still involved with running the business

Inditex

  • Founded – 1975 by Amancio Ortega and RosalíaMera
  • Net income – £903 million
  • Umbrella brands:
  1. Zara
  2. Zara Home
  3. Bershka
  4. Massimo Dutti
  5. Pull & Bear
  6. Stradivarius
  7. Oysho
  8. Uterque
  • Holding company details – Amancio Ortega and RosalíaMera formed Inditex with Ortega personal worth standing at around £50 billion making him the richest man in Europe and the wealthiest retailer in the world

GAP Inc.

  • Founded – 1969 by Donald Fisher and Doris F. Fisher
  • Net income – £684 million
  • Umbrella brands:
  1. Gap
  2. Banana Republic
  3. Old Navy
  4. Intermix
  5. Athleta
  • Holding company details – Founders, Donald and Doris, are still actively involved with the company

Arcadia Group

  • Founded – 1904 by Montague Burton as the Burton Group
  • Net Income – £205 million
  • Umbrella brands:
  1. Burton
  2. Topshop
  3. Topman
  4. Miss Selfridge
  5. Dorothy Perkins
  6. Wallis
  7. Evans
  8. Outfit
  • Holding company details – Sir Philip Green now leads the Arcadia Group

When we shop we don’t often give a second thought to who owns the shops we buy from, whether they are an ethical business and how much money the companies are making and to a certain extent who they exploit to make these massive profits.