What is the market structure of UK garment?

The UK garment market is characterized by a mix of oligopoly and monopolistic competition. While a few large retailers dominate the market, such as ASOS and Zara, many smaller brands and independent designers also compete by offering unique products. This diversity allows for a wide range of choices for consumers, but price competition remains significant among the larger players. Additionally, trends in sustainability and ethical fashion are increasingly influencing market dynamics.