Thursday, May 23, 2019

Topshop’s U.S. stores could close

Chain Store Age
A British fashion retailer could close its U.S. doors.

Topshop could close its 11 stores in the U.S. as part of a financial rescue plan and restructuring of parent company Arcadia Group, The Guardian reported.

Arcadia’s sales and profits have fallen amid increasing competition from online players and fast-fashion giants such as Zara, H&M and Primark. . . . more