UK eCommerce Market – Top Players in the Fashion Industry
The United Kingdom is one of the leading countries in the western world. It is the third largest eCommerce market after China and the US, and is currently valued at £73B, with 17% of all retail sales occurring online. Below, I will highlight the UK eCommerce market and mention the key players in the fashion industry, what type of payment and eCommerce platforms they are using as well.
Let's start with the eCommerce platforms used by the top industry players. Using our SalesOptimize app
we found 17% of eCommerce websites are built on customized platforms, with many of these being large merchants doing more than $20M + in online sales. Next in line comes WooCommerce, heavily used by small to medium companies. When acquiring these customers, the sales cycle is significantly longer as integration efforts are higher. Businesses need to consider a war chest and provide the merchant with a monetary inducement to complete the integration.
Based on the analysis of 278,049 websites where the payment is declared on the websites, our app bots have found
the following payment companies to be used by UK's top eCommerce sites. As guessed, PayPal comes first in place. There are many reasons why companies are choosing PayPal
, mainly because of its powerful security and flexibility. Sage Pay comes next, with Stripe in the third place.
OK, so we know what eCommerce platforms do those top Fashion companies use as well as their payment option. Here are the top eCommerce companies in the Fashion industry in UK:
Next is dominating with £4.2B generated revenue, second in place is Asos with £2.4B. Arcadia with £1.9B comes third. 4th place is London Burberry with £1.4B in revenue. 5th place takes New Look, £1.3B in revenue. Retailers invariably do not declare a breakdown between their online and in storre revenue, however, as ASOS has no physical presence, we know that its £2B online turnover is 100% accurate,putting them in the top with the other players.
Using many online resources and our powerful search engine map we can get information about company. You can download our UK Market Report
to find out top players in the Airlines, Food delivery market, department, Car hire and more!
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