Topshop how many stores

This meant there was no real foundation for them to grow. Topshop previously had a US presence but this was relatively small. The Nordstrom deal provides it with significant new distribution online as well as offline. Nordstrom can expect to market the brand, giving it a level of exposure and prominence it previously lacked. Sabrina Benjamin, programme management consultant at Selfridges, said Topshop already appeals to the under 25s and in some cases the under 30s in the US.

Nordstrom is taking a minority ownership stake in Asos brands as part of a strategy to appeal to younger shoppers. Compared to Asos, Topshop does not dominate the online sphere. In fact, it has been relatively slow to enhance its site and does not have the sort of fulfilment capabilities that Asos has. The US department store chain has been seeking ways to innovate and reinvent itself.

Part of its reinvention strategy involves a stronger focus on online, direct-to-consumer and curbside pick-up. Nordstrom has also been working with younger consumer focused brands to attract a younger audience, such as Glossier, and made-to-measure young menswear company Indochina, which has opened 21 shop-in-shops.

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It is mandatory to procure user consent prior to running these cookies on your website. Sign in. Learn more and read our policy. Topshop was originally formed as an offshoot of department store Peter Robinson in , selling modern fashion by young designers including Mary Quant.

Due to struggling profits, along with the rest of the Arcadia brands, Topshop Topman turned to a CVA in mid to reduce the size of the estate and reshape the business for a digital future. As part of this, it closed down its US business with all 11 stores shuttered. However, the retail businesses stuttered under pressure from more nimble online rivals, and coronavirus pandemic closures eventually forced Arcadia into administration.

The collapse of Arcadia imperilled as many as 13, jobs and meant the breakup of a group whose brands included Topshop, Topman, Miss Selfridge, Dorothy Perkins, Evans and Burton.

The brand was first created in a Sheffield branch of the Burton clothing chain. You can opt out of some cookies by adjusting your browser settings.

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