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Topshop began planning its expansion to the United States in the mid-2000s and was tipped to open in New York as early as 2007. Currently it operates via a website and sells in Nordstrom shops. A small number of wholly owned shops were located in major cities.
Jul 12, 2021 · Nordstrom is taking a minority stake in the Topshop, Topman, Miss Selfridge and activewear HIIT brands – which Asos bought in March after the collapse of Sir Philip Green’s Arcadia empire –...
Nov 30, 2020 · Getty Images. If you're into high-street fashion, Topshop is a name you're probably familiar with. It used to be one of the most popular stores in the UK, known for being a great place to buy...
Feb 1, 2021 · The group owns more than 500 stores, though in 2019 Topshop filed for bankruptcy in the US and shut all of its 11 stores there.
- It's lost its cool. Topshop's popularity peaked in the heady years before the Great Recession, when people had more money to spend and celebrities were keen to be associated with the brand.
- Its digital business has lagged. Topshop, like other traditional High Street brands, has been challenged by online-only fashion platforms like Asos, BooHoo and Pretty Little Thing.
- It's had to deal with problems at the top. Ms Alexander says Topshop's brand has also been tainted by Arcadia director Sir Philip Green, after a series of less-than-favourable incidents.
- It scores poorly on sustainability. Topshop might not churn out new pieces at the breakneck speed of its online-only rivals, but it still has a fast fashion business model - mass producing garments cheaply, then shipping them to 260-outlets worldwide.
Jul 21, 2021 · Nordstrom bought a minority stake in the Topshop, Topman, Miss Selfridge & HIIT. The new deal begs the questions as to whether Topshop is better off in the US. During its bankruptcy in the...
Nov 30, 2020 · Sir Philip Green's failure to invest in his retail empire Arcadia has made its downfall "inevitable", a former boss of its best-known brand Topshop has said. Arcadia, which includes Topshop ...
