The Hip Store Company & Revenue
Revenue (GMV)
Global Rank
Conversion Rate
Average Order Value
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The values shown here refer to the retailer's largest online store. Aggregated total figures and values for other stores can be found in our tool.
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The Hip Store Revenue & Turnover
The Hip Store Annual Revenue & Growth by Year
The Hip Store's annual sales on its online store thehipstore.co.uk amounted to US$12m in 2024. This represents a change of <0% from the previous year. The Hip Store's largest online store is expected to see a growth rate of <0% in 2025 compared to 2024, indicating a projected shift in performance.
Annual Revenue (GMV)
Annual Growth Forecast
eCommerce Revenue (GMV in Million US$)
Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.
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The Hip Store Sales by Country & Market Shares
The Hip Store's main market is the United Kingdom, where its main online store, thehipstore.co.uk, generated 94% of revenues in 2024. The Hip Store engages in markets that support its strategic objectives, whether through domestic focus or cross-border expansion.
Market Shares by Country
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The Hip Store Revenue Split by Product Categories
The Hip Store sales by product category provide a deeper look into its income structure. The Hip Store's most significant category is Fashion, which accounts for 90% of total sales in 2024 at its largest online store, thehipstore.co.uk. The analysis of sales by category provides a clearer picture of how different segments contribute to overall performance.
Revenue Breakdown by Category
Fashion (90%)
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The Hip Store Marketplace Sales: 1st & 3rd Party GMV
1P vs 3P Revenue/Sales
The Hip Store's marketplace sales are illustrated by its GMV development. A distinction is made between 1P (first-party) and 3P (third-party) sales, where The Hip Store either acts as the seller (1P) or distributes products from other sellers (3P). In 2024, The Hip Store's' 1P sales contributed 100% to total GMV, while the 3P GMV accounted for 0%.
3P Share
3P Share Forecast
20251P/3P Revenue/Sales Split
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The Hip Store Financial Analysis: Earnings, Net Worth, Profits
Regularly updated figures from The Hip Store's latest annual report provide us with the company's financial figures that are indicative of its business performance and outlook. In 2023, The Hip Store's gross profit was US$6,274m, while its operating profit was US$1,152m.
Gross Profit
Operating Profit
Net Income
2023Earnings per Share
2023Total Assets
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The Hip Store Number of Employees
The Hip Store had a headcount of 79,717 in 2023. Meanwhile approximately US$0.2m was generated per employee in 2023
Revenue per Employee (in Million US$)
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The Hip Store Top Stores
The Hip Store's flagship domain thehipstore.co.uk generated revenues of US$12m in 2024. Forecasts expect a revenue change of <0% in the coming year.
Top Online Stores by GMV (in Million US$)
thehipstore.co.ukIdentify Top Stores with Full Revenue Breakdown
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| Position | Store | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| 1. | thehipstore.co.uk JD Sports Fashion Plc | 12 |
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Note: This ranking is based on GMV. Click here to learn more about our methodology and the drilldown available at ECDB.
The Hip Store Competitor Analysis & Similar Stores
magrigg.co.uk is the closest competitor to The Hip Store's largest online store thehipstore.co.uk, with a similarity score of 99.9% in 2024. badrhino.com is another key store with a high similarity score of 99.7%. This competitor analysis provides a concise overview of comparable online stores for market performance benchmarking.
Top Competitors and Similar Stores
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The Hip Store Transaction KPIs: Conversion Rate, Average Order Value
Analyzing transactions on The Hip Store's largest online store thehipstore.co.uk reveals key metrics like conversion rate, average order value, discount rate, and return rate. The store's conversion rate reached 3.0-3.5% in 2024, offering insight into user behavior.
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Average Order Value
Return Rate
Discount Rate
The Hip Store Payment, Shipping and Shop Software Provider Landscape
Payment and shipping options have a major impact on customer satisfaction. In the case of The Hip Store, the payment providers Mastercard (Cards), VISA (Cards) and PayPal (E-wallets) are available at its largest online store, thehipstore.co.uk. Shipping providers, on the other hand, vary significantly depending on the market. Overall, thehipstore.co.uk offers Royal Mail, DPD and Self-collection / Click & collect.
Payment Provider
Shipping Provider
Shop Software
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