Dec 16, 2016

Topshop to launch first mainland China stores

Sir Philip Green's Topshop fashion chain is to open its first stores on the Chinese mainland, deepening its push into the world's fastest-growing retail market two years after an online launch. The label, known for its youthful designs and collaborations with celebrities such as Kate Moss and Beyoncé, says it will open five stores in the country next year in a partnership with online fashion retailer Shangpin.com. Topshop and Miss Selfridge brands are already sold through ShangPin.com, and the UK retailer has three stores in Hong Kong. Topshop is a fixture on British high streets, with 300 UK stores, but only 140 outside the country. Arcadia said the stores would be jointly managed by Topshop and Shangpin.com, but declined to say who would own them.

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