Briefs / Retailer News

Topshop to Open Second Biggest Flagship on Fifth Avenue

February 17, 2014
/ Print / Reprints /
ShareMore
/ Text Size+

Good news for US fans of own brand British retailer Topshop, part of parent company Arcadia Group: the retailer will be expanding even further into the US market, including the opening of a flagship New York store on Fifth Avenue this autumn.

The flagship will be its second largest branch worldwide at a reported 40,000 square feet, which, considering its location on the corner of 49th Street, adjacent to the Rockefeller Center, should make it an instant tourist attraction. The largest Topshop store, London’s Oxford Circus flagship, sees over 250,000 shoppers visit every week, according to the Arcadia Group.

The brand also announced plans to open four more stores in the United States: in San Diego, Washington DC, Houston and Atlanta.

"Following the investment of Leonard Green and Partners in December 2012, it was always our plan to significantly expand Topshop and Topman in the USA,” Arcadia Group chairman Philip Green said, according to the AFP.

Green sold a 25-percent stake in the Topshop/Topman brand to Leonard Green and Partners, a US private equity firm, in a bid to fuel the brand's international expansion. The retailer entered the US with its first Manhattan store in 2009.

In 2013, Topshop and Topman opened more than 80 stores or sales areas in 13 countries, taking the total number of outlets worldwide to almost 500.

The retailer’s website, topshop.com, attracts 1.9 million users per week, according ot the Arcadia Group, and is now joined by an award-winning blog, Inside-Out, tweets straight from head office, an updated Facebook page, and the recently launched Topshop Tumblr. It’s also one of the current retailers making use of Pinterest, showing Pinterest icons on their most pinned items to help drive sales.

A recent Instagram contest promoting its newest jeans gives shoppers the chance to win a new pair of Topshop jeans. Shoppers simply Instagram or Tweet the retailer a selfie of themselves in Topshop jeans using the hashtag #TopshopLovesJeans for the chance to win.

Topshop's Unique show, part of London Fashion Week, was staged in the Turbine Hall of Tate Modern yesterday, showcasing the autumn/winter 2014 collection. The show was attended by Kate Moss and Kim Kardashian's sister, Kendall Jenner.

Did you enjoy this article? Click here to subscribe to Private Label Buyer.

Recent Articles by Jamie Grill-Goodman

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

April 2014 New Non-Food Products

This month's new non-food products include sunscreen bands, makeup remover, lip balm, jumbo cotton balls, healing ointment, and a shelf-management system for better merchandising.

Podcasts

Coming with a clear, comprehensive plan was the key to success for Longo Brothers Fruit Markets when the grocer decided to roll out a two-tier private label strategy, Jenny Longo and Robert Koss tell PLBuyer editor Chris Freeman in this podcast.

More Podcasts

THE MAGAZINE

Private Label Buyer Magazine

PLB April 2014 cover

April 2014

The April 2014 issue of Private Label Buyer includes articles on Omnichannel, store brand sauces, and more. Check it out today!

Table Of Contents Subscribe

NBB Private Label Foods

Which factors will drive further awareness—and development—of national-brand-better (NBB) private label foods?
View Results Poll Archive

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

plbuyer superstore logo

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40px