What does the Sainsbury’s/Asda merger mean for fashion?
Sainsbury’s plans to buy a majority stake in rival supermarket Asda is set to create UK’s largest grocery group with 31.4% market share, and one of the biggest general merchandise groups, with combined revenue of £51bn. Drapers investigates what the proposed merger could mean for the UK clothing market.
Sainsbury’s plans to buy a majority stake in rival supermarket Asda is set to create UK’s largest grocery group with 31.4% market share, and one of the biggest general merchandise groups, with combined revenue of £51bn. Drapers investigates what the proposed merger could mean for the UK clothing market.