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Farfetch pulls ahead of the rest in UK as the fastest growing retailer

E-tail luxury marketplace Farfetch is the UK's fastest growing retailer. While Farfetch is the UK’s fastest growing retailer, Primark enjoys the biggest revenue uplift. Farfetch had 70 per cent growth last year. Second place on the percentage growth list went to The Hut Group with 50 per cent growth.

Joint third place went to JD Sports and Wren Kitchens with a 31 per cent revenue rise each, while a trio of expanding names, Asos, Well Pharnacy and toy chain Smyths, each enjoyed a 28 per cent surge. The remaining names in the top 10 were Superdry and Screwfix with 27 per cent growth, and discount giant B&M on 25 per cent.

But some of these firms were boosted by acquisitions or are smaller so their percentage growth figures might not translate into such big numbers compared to other names not on the list. From the viewpoint of how much growth companies saw in absolute terms, Primark tops the list. It’s followed by JD Sports. Farfetch only came sixth here. Burberry comes in fourth ahead of TK Maxx, Screwfix and Morrisons. Globally, Amazon topped the ranking. That was more than the next four on the list. It was followed at number two by JD (big rival Alibaba was tenth).

 
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