The fashion industry is one of the most profitable sectors of the economy. An example of this can be seen in the reported annual profit of the Arcadia Group. The Group, which owns several high-street chains such as Topshop and Miss Selfridge, reported an annual profit of one hundred and eight million pounds last year. Similar figures have also been reported by leading fashion labels Zara and Urban Outfitters. In this way, the fashion industry continues to grow despite the current economic climate. A key aspect of this is that the reported figures are from high-street companies, which promise up-to-date fashion at prices much more widely available than those of designers.