Advertise with fastmoving.co.za
 
 

Topshop to open Fifth Avenue flagship; four other U.S. stores
Topshop to open Fifth Avenue flagship; four other U.S. stores

Topshop to open Fifth Avenue flagship; four other U.S. stores

MARKETING NEWS

ChainStoreAge.com - Feb 6th 2014, 00:04

London – Trendy British retailer Topshop/Topman plans to open a 40 000-square foot flagship store on Fifth Avenue in New York. The new Manhattan store will be located on the corner of 49th Street, and is adjacent to Rockefeller Centre.  

The store will open in fall 2014, and several hundred new jobs will be created including in the company's new U.S. head office operations, based in New York. The upper levels of the store will feature art deco detailing, while the lower floors will transition to the contemporary style. There with be continuous glazing on both levels, purposely created to allow dynamic window displays and creating a wrap-around dramatic impact.

Topshop and Topman will expand further within the U.S. with four additional new store openings across the country; Topshop and Topman joint stores in Fashion Valley San Diego (17 500 square feet), and a stand-alone Topshop in Springfield Town Centre Washington (5 000 square feet) in the fall of 2014 and Topshop and Topman joint stores in Galleria Mall Houston (16 500 square feet) and Lennox Square Mall Atlanta (15,500 square feet) slated for spring 2015.

International franchise expansion of the Topshop and Topman brands will lead to a planned 15 stores in eight countries by summer 2014, including Russia, Turkey and Vietnam.

“Following the investment of Leonard Green & Partners in December 2012, it was always our plan to significantly expand Topshop and Topman in the U.S., and their input and expertise within this market has been very welcome,” said Sir Philip Green, CEO of Topshop/Topman parent company Arcadia Retail Group.

“In addition to our flagship stores expansion, we are continually developing our topshop.com and topman.com sites, and our on-going partnership with Nordstrom continues to develop. I am very excited about Fifth Avenue, having looked for a location there for many years, and I believe this corner is both hugely prominent and perfectly located for our brands. I am also delighted to be entering new markets for the first time in the other great cities.”From ChainStoreAge.com 

Related News

Topshop/Topman poised for bricks-and-mortar debut in China
08/01/2018 - 10:53
Topshop/Topman is reportedly going to open its first Chinese bricks-and-mortar store in Shanghai during autumn this year.

Topshop eyes Chinese expansion
18/08/2017 - 14:02
British fashion retailer Topshop has unveiled plans to expand into the Chinese mainland with the opening of five new stores in the country next year.

US stocks up on pharma upgrades, solid online shopping
02/12/2015 - 10:14
US stocks pushed higher on Tuesday, led by gains in pharmaceuticals, technology and retailers, which benefited from greater optimism about the holiday shopping season.

US wage hikes to impact 1 434 Walmart stores - USA
05/01/2015 - 11:49
Chicago - Minimum wage increases across the United States will prompt Walmart to adjust base salaries at 1 434 stores, impacting about a third of its US locations, according to an internal memo reviewed by Reuters.

Topshop opens its largest U.S. store - USA
07/11/2014 - 11:09
New York - British fast-fashion retailer Topshop, a unit of Arcadia Group, opened a flagship on Manhattan’s Fifth Avenue, close to Rockefeller Center.