Live Unlimited, which specialises in womenswear in sizes UK 12-28, was crowned the fastest-growing UK fashion business for turnover in Oresa’s annual Growth Index report.

The brand saw a 175.5% two-year compound annual growth rate (CAGR), reaching a turnover of £9.9m in 2024.

Moss Bross, which in 2023 rebranded to Moss, was named the second-fastest growing fashion business in the UK, achieving a 99.9% CAGR turnover growth to £151.6m.

In third place, womenswear brand Sosandar saw an 86.8% CAGR growth to a turnover of £42.5m.

The M&S and Sainsbury’s-stocked brand was followed by premium womenswear brand Mint Velvet and multi-brand fashion retailer Wolf & Badger in fourth and fifth place, respectively. Mint Velvet achieved a 93.5% CAGR growth to £143.7m, while the turnover of Wolf & Badger, which stocks 2,000 independent brands including Ukrainian womenswear label 25 Union, increased by 65% to £45.6m.

Oresa founder and CEO Orlando Martins said: “Consumers in 2024 are clearly seeking something special.

“The most successful brands understand the importance of offering not just a product, but a complete experience that speaks to a customer’s individual style, values, and desire for self-expression.

“The fashion landscape in 2024 is being reshaped by brands that aren’t afraid to be different. These companies understand their customers intimately and cater to their distinct needs. The result is a dynamic and exciting market where unique voices are finding success.”