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5 February 2021. By Sarah Lee,BBC News. Getty Images. The Topshop brand will endure but all of the shops - including the 90,000 sq ft flagship store on Oxford Street - will not reopen when...
Oct 12, 2022 · ASOS, which acquired Topshop in February 2021, has announced the next chapter for the cult label, with a standalone digital shopfront, a Gen Z-friendly aesthetic and the late but necessary...
Feb 13, 2021 · Sat 13 Feb 2021 01.00 EST. Sir Philip Green’s fashion empire Arcadia is no more, with its famous brands, including Topshop, carved up by online retailers leaving behind a ghost chain of 500 ...
Nov 30, 2020 · 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 fashionable,...
- 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 22, 2021 · Moreover, on 1 February, 2021, online fashion retailer ASOS announced that it will acquire Topshop and all brands under Arcadia Group for £265 million. Several months later in July 2021, Topshop was acquired by Nordstrom, as the department store chain is seeking to attract more younger customers.
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Nov 22, 2020 · Topshop, like other traditional High Street brands, has been challenged by online-only fashion platforms like Asos, BooHoo and Pretty Little Thing. PrettyLittleThing.
