The Sunday Times has recognised several UK athleisure brands in its list of the country’s fastest-growing private companies.
- Leading the pack is Adanola, a Manchester-based brand, achieving a staggering compound annual growth rate (CAGR) of 202%.
- Passenger, another notable brand, ranks as the second-fastest growing fashion retail business despite slipping from ninth to fourteenth place.
- The athleisure sector is further corroborated by Castore, ThruDark, and AYBL Group within the top 100.
- A significant concentration of these thriving businesses is located in Manchester, with four of the top brands based there.
The Sunday Times’ recent list highlights several UK athleisure brands making significant strides in growth. Among these, Adanola stands out prominently. With a remarkable CAGR of 202%, the Manchester-based brand claims the seventh spot among Britain’s fastest-growing private companies. This growth is a testament to the brand’s strategic positioning and market demand.
Passenger follows closely, securing the position of the second-fastest growing fashion retail business in the UK. Although it dropped from ninth to fourteenth place this year, its 171% CAGR underscores its sustained momentum within the industry. Passenger’s focus on outdoor clothing continues to resonate with the consumer market, reflecting its adaptability amidst evolving trends.
Adding to the list of successful ventures, Castore is ranked thirty-fourth. The sportswear brand also hails from Manchester and showcases substantial growth with its cutting-edge athletic products that appeal not only to professional athletes but also to leisure consumers.
ThruDark, hailing from Poole, appears in sixty-first place. The brand is distinguished by its high-performance outdoor gear, demonstrating a noteworthy £10.1 million sales increase, indicative of its market reach and robust consumer interest.
Completing the series of high-achievers is the AYBL Group, positioned at one hundredth on the list. With origins in Redditch, the sportswear and fashion brand group recorded a growth rate of 61.89%, cementing its place in the competitive athleisure landscape. The distribution of these thriving companies across different locations in the UK reflects a diversified yet concentrated area of growth within the fashion sector.
The ranking of these brands in the Sunday Times list underscores the dynamic expansion and regional concentration of the UK athleisure industry.
