The clothing market of the United Kingdom has been declining due to various factors. The clothing industry has been hampered by the companies which have spend a huge amount of money on high tech machinery which has led to efficiency in their production processes. Other companies have moved their production houses to countries like China and India however such companies make only reasonable profits. To gain a large amount of profits in such a saturated industry is difficult. It requires a lot of effort and knowledge.
If we segment the market into two major categories the two will be selling their own brands and other would be selling to third party wear. It is a very diversified industry. It consists of various ranges like formal wear, sportswear, casual wear etc.