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It is one of the most concentrated retail markets in Europe, with the top ten retailers accounting for some 42% of the market.
What is market concentration? It is the proportion of market value that is owned by the leading brands or products/companies in the market. Where the market leaders own a large part of the overall market, the market is said to be highly concentrated. By contrast, where the market leader has a relatively small market share and there are many other competitors, a market is said to be "fragmented"
There has been little change in the concentration of the UK clothing retail market in recent years...
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