Sign in | Join free

Topshop eyes china

Topshop eyes china Source: www.chinatexnet.com
Date: 11-10-2013
Visits: 237
Very Poor

China is poised to become a key sales market for Topshop, as the directional fashion chain is looking to expand its business by 2014. Earlier this year Topshop's parent company Arcadia opened a flagship store in Hong Kong and owner Sir Philip Green was said to be in talks with several partners to strike an expansion deal.
 
Speaking at the World Retail Congress in Paris Tuesday, Green suggested a deal could be struck in time to capitalise on interest in the Kate Moss collection, due out in April for the launch.
 
Green said the rollout could take place as a series of “20 or 30 or 40 pop-ups” throughout the country.
 
He said the launch was most likely to take place within department stores, a strategy Topshop is using in North America through its partnership with Nordstrom in the US and Hudson’s Bay in Canada, although added he was also keen to branch into standalone stores.
 
In the UK, Green is looking to inject significant capital investment into a refresh of the Arcadia Group brand stores, which include Topshop, Dorothy Perkins, Miss Selfridge, Evans and Wallis.
 
Each retailer will receive capital to refresh up to 20 stores. Following a trial for Evans on Oxford Street and Dorothy Perkins in Bluewater, Green said the retailer had seen sales uplift in “double figures”.
 
Green’s announcement is in tune with comments from global retailers at the World Retail Congress in Paris this week, where many senior executives have outlined the need to rethink and reinvest in stores. Speaking to UK trade magazine Drapers, he added: “It’s not an option, you have to.”
like 144 Unlike 16
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Comment:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32342 Users
have already joined suntexasia.com. Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Email
Password
Enter the code
erovk
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
 
Members Login
Already registered
Email
Password
Forgot your password
golden fees
Enter your e-mail address
Choose your room