Friday, November 15, 2024

Will Topshop really return to the high street?

Must read

It sold the first skinny jeans on the high street and saw Kate Moss pose in the window to launch her own collection. Three years after closing its doors post-Covid, is Topshop back?

Hold on to your Moto denim: the Danish retail group Bestseller — Asos’s largest investor — announced yesterday that it is buying a 75 per stake in Topshop (and Topman) from its owner, Asos, for £135 million, with Asos retaining the other 25 per cent. The brand will then relaunch with a standalone website. But will a newly revived topshop.com mean the high street’s beating heart returns in real life too?

“It is very early to say,” Asos’s chief executive, José Antonio Ramos Calamonte, told a press conference yesterday. “But [Bestseller] has

Latest article