Latest news with #MichelleWilson
Daily Mail
6 days ago
- Business
- Daily Mail
Topshop boss confirms standalone shops are coming back
Topshop has confirmed it plans to open bricks and mortar shops across Britain as its revival gathers pace. Michelle Wilson, managing director at Topshop and Topman, told Drapers that the brand has 'something planned' for August and beyond. Topshop hosted a one-day pop-up event in Shoreditch, London earlier this year, called 'Topshop In The House'. The one-day pop up was a collaboration with Defected Records and marked Topshop's first physical event in four years. Wilson said this week: 'We have something planned in August to bring Topshop back into real life again, with a more semi-permanent presence than the one-day pop-up. 'In the shorter term that will be something with partner support and in the longer term we will do something standalone.' She said that Topshop and Topman would return to the high street in autumn via one wholesale partner. Wilson told Drapers: 'I'm excited to see Topshop back in person. I think the partner that we are collaborating with is an incredible partner. 'I think it will surprise a few people. I'm looking forward to the day that we launch that and seeing people's reaction and excitement.' However, Wilson stressed that the brand was not seeking to recreate what it had in its heyday, but was looking to build a presence, both in bricks and mortar and online, fit for the current market. The retailer is gearing up for the relaunch of standalone and websites, which are both currently understood to be going live in August. Asos boss José Antonio Ramos Calamonte said in April that the chain had spent 'two years rebuilding the product assortment of Topshop' ahead of the relaunch. ''The time has come to come back, to be much more present with consumers in the UK, but also globally,' he said. Topshop will not be returning to its former flagship store at 214 Oxford Street in London, which is now occupied by the new Ikea which opened last month. Earlier this year, London Mayor Sir Sadiq Khan was among those calling for the return of Topshop, stating at the time: 'I'd meet my mates outside Topshop, my daughters took me shopping at Topshop and I know every type of Topshop jean. 'Wouldn't it be great to get Topshop back on Oxford Street?' Topshop was founded in 1964 youth-focused offshoot of the department store Peter Robinson. At its peak, Topshop was a titan of the British high street, raking in about £100million in profit, with hundreds of stores spread across almost every large town and city in the UK. But the store's popularity waned as it struggled to compete with fast fashion online, losing its younger shoppers to aggressive digital e-tailers like Boohoo and PrettyLittleThing. In 2018, former owners Arcadia revealed it was haemorrhaging cash, reporting a £93.4million pre-tax loss compared with £164.6million profit in the year before. And sales slumped 4.5 per cent from £1.8billion. Amid the demise of Arcadia, owned by Philip Green, in 2021, Asos acquired Topshop, Topman and Miss Selfridge for £330million. At the time of its collapse, there were 70 Topshop stores across Britain. In September last year, Asos sold a 75 per cent stake in Topshop and Topman for approximately £135million to form a joint venture with Danish holding company Heartland, controlled by the Holch Polvsen family. It was at this point last year that Asos said it planned to relaunch the and websites by the summer of 2025.
Scotsman
6 days ago
- Business
- Scotsman
Iconic fashion brand plots return with plans for UK stores
Big changes are coming for one of the UK's most loved fashion names 👀 Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Topshop is planning a return to the high street with permanent standalone stores Managing director Michelle Wilson confirmed work is underway to establish a store presence A physical retail comeback is expected this autumn via a single wholesale partner A website relaunch is also planned for August Likely store locations include London, Manchester, Birmingham, Glasgow, and other major cities An iconic UK fashion brand is poised to make a bold return to the British high street, with plans for permanent standalone stores now officially in development. Speaking to Drapers, managing director Michelle Wilson revealed that Topshop is actively working on re-establishing a physical presence on Britain's high streets. Advertisement Hide Ad Advertisement Hide Ad 'We will have a permanent store presence at some point,' she confirmed. 'That's something that we're working on all the time.' Wilson said that Topshop will re-emerge in physical retail this autumn through a partnership with a single wholesale retailer. 'I'm excited to see Topshop back in person,' she said. 'I think the partner that we are collaborating with is an incredible partner. I think it will surprise a few people.' (Photo: BEN STANSALL/AFP via Getty Images) | AFP via Getty Images Before then, Topshop has 'something planned in August' to reintroduce the brand in real life, she teased — promising a more 'semi-permanent' experience than a one day-day -pop-up event that took place last year. Advertisement Hide Ad Advertisement Hide Ad The much-anticipated relaunch of and is also slated for August. Following Arcadia's collapse, Asos acquired Topshop, Topman, and Miss Selfridge for £330 million. In September 2024, it sold a 75% stake in Topshop and Topman to holding company Heartland for £135 million, forming a joint venture that appears central to the brand's physical retail revival. Advertisement Hide Ad Advertisement Hide Ad Where could new Topshop stores be located? While specific locations have yet to be announced, the news hints at a potential rollout of standalone Topshop shops across the UK — a significant milestone following the brand's turbulent exit from brick-and-mortar retail. Any future rollout of standalone Topshop stores is likely to focus on major UK cities and key regional shopping destinations where the brand previously had a strong presence. London, particularly central areas like Oxford Street or Westfield, would be a natural choice for a flagship store, given its footfall, tourist appeal, and symbolic value for a high street comeback. Other likely candidates include Manchester and Birmingham, both of which have large shopping centres — the Trafford Centre and Bullring respectively — and a track record of hosting major fashion brands. Advertisement Hide Ad Advertisement Hide Ad Cities like Glasgow, Leeds, Liverpool, and Bristol also stand out as potential locations due to their vibrant retail scenes and youthful demographics. In Scotland, Edinburgh could be another strong contender, especially given its mix of tourists and students. There's also a good chance that Topshop could return to well-performing shopping centres in towns such as Milton Keynes, Reading, or Newcastle, where strong regional catchment areas have supported similar fashion-led offerings. Are you struggling to make ends meet as costs continue to rise? You can now send your stories to us online via YourWorld at It's free to use and, once checked, your story will appear on our website and, space allowing, in our newspapers.
Daily Record
6 days ago
- Business
- Daily Record
Beloved retailer to return to the high street with permanent standalone shops
Topshop is reportedly coming back with physical stores following a limited pop-up in London last month. It was one of the biggest fashion chains on the high street before it went into administration in 2020. Now Topshop is said to be making its comeback. While the once beloved retailer is set to relaunch its website later this year, it has reportedly confirmed that it has been looking into opening up standalone stores permanently. The news comes after Topshop hosted an exclusive one day pop-up store in London on May 10, which was created in collaboration with house music label Defected Records. However, those who missed it the event are in for some good news, as the firm's Managing Director Michelle Wilson is said to have told Drapers that the brand "would have a permanent store presence at some point." She further added that the retailer had "something planned" to bring its presence back into real life in August, confirming that Topshop and Topman would return to the high street in autumn through one wholesale partner. The fashion chain, which was a staple of the high street, closed the doors to all physical stores five years ago after falling into administration, before being bought over by ASOS in 2021. It came about after the fall of Sir Phillip Green's Arcadia Group, with the online retailer also snapping up other firms from the group such as Miss Selfridge in a £330 million deal. However, the firm has officially confirmed that it will be making a return with an online presence, as it is set to launch the Topshop and Topman website sometime in August. The fashion brand began teasing its loyal fanbase with its return on Instagram on March 18, with a series of reels confirming that it had been "listening" to those who had been begging for it to come back. The announcement was met with a flood of enthusiasm from shoppers, with one exclaiming: "Is this happening?", while another said: "Right. FINALLY! Talk about keeping us waiting!!!!!!!!" To entice its once devoted fanbase even more, the Topshop website currently advises that something is "coming soon." Topshop first opened up as part of defunct department store chain Peter Robinson back in 1964, before opening its own flagship store on Oxford Circus in 1992. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. As one of the UK's most notable fashion retailers, it once operated 300 stores in the UK alone, with the full total worldwide being 500 after it branched out overseas into America in 2014. Known for its ability to always remain on-trend, the brand also managed to offer collaborations with supermodel Kate Moss, alongside stocking Beyoncé's Ivy Park Athleisure Line just before it closed its doors. Topshop isn't the only iconic retailer set to make a return this year, as electrical giant Comet is set to be relaunched online following the closure of all its 240 stores and stock being liquidated in 2012. In May, it was bought over by online marketplace OnBuy in a deal reportedly worth £10million, as it plans to bring the firm back with its original branding later this year.
Scotsman
6 days ago
- Business
- Scotsman
Iconic fashion brand plots return with plans for UK stores
Big changes are coming for one of the UK's most loved fashion names 👀 Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Topshop is planning a return to the high street with permanent standalone stores Managing director Michelle Wilson confirmed work is underway to establish a store presence A physical retail comeback is expected this autumn via a single wholesale partner A website relaunch is also planned for August Likely store locations include London, Manchester, Birmingham, Glasgow, and other major cities An iconic UK fashion brand is poised to make a bold return to the British high street, with plans for permanent standalone stores now officially in development. Speaking to Drapers, managing director Michelle Wilson revealed that Topshop is actively working on re-establishing a physical presence on Britain's high streets. Advertisement Hide Ad Advertisement Hide Ad 'We will have a permanent store presence at some point,' she confirmed. 'That's something that we're working on all the time.' Wilson said that Topshop will re-emerge in physical retail this autumn through a partnership with a single wholesale retailer. 'I'm excited to see Topshop back in person,' she said. 'I think the partner that we are collaborating with is an incredible partner. I think it will surprise a few people.' (Photo: BEN STANSALL/AFP via Getty Images) | AFP via Getty Images Before then, Topshop has 'something planned in August' to reintroduce the brand in real life, she teased — promising a more 'semi-permanent' experience than a one day-day -pop-up event that took place last year. Advertisement Hide Ad Advertisement Hide Ad The much-anticipated relaunch of and is also slated for August. Following Arcadia's collapse, Asos acquired Topshop, Topman, and Miss Selfridge for £330 million. In September 2024, it sold a 75% stake in Topshop and Topman to holding company Heartland for £135 million, forming a joint venture that appears central to the brand's physical retail revival. Advertisement Hide Ad Advertisement Hide Ad Where could new Topshop stores be located? While specific locations have yet to be announced, the news hints at a potential rollout of standalone Topshop shops across the UK — a significant milestone following the brand's turbulent exit from brick-and-mortar retail. Any future rollout of standalone Topshop stores is likely to focus on major UK cities and key regional shopping destinations where the brand previously had a strong presence. London, particularly central areas like Oxford Street or Westfield, would be a natural choice for a flagship store, given its footfall, tourist appeal, and symbolic value for a high street comeback. Other likely candidates include Manchester and Birmingham, both of which have large shopping centres — the Trafford Centre and Bullring respectively — and a track record of hosting major fashion brands. Advertisement Hide Ad Advertisement Hide Ad Cities like Glasgow, Leeds, Liverpool, and Bristol also stand out as potential locations due to their vibrant retail scenes and youthful demographics. In Scotland, Edinburgh could be another strong contender, especially given its mix of tourists and students. There's also a good chance that Topshop could return to well-performing shopping centres in towns such as Milton Keynes, Reading, or Newcastle, where strong regional catchment areas have supported similar fashion-led offerings.
Scottish Sun
7 days ago
- Business
- Scottish Sun
Topshop confirms it'll open STORES as website to launch later this year
IN a sea of closures and retail struggle, Topshop is bucking the trend and opening stores this year. The brand aims to relaunch Topshop and Topman for its loyal millennial fans and newcomers, both online and brick-and-mortar. 2 Topshop was a high street staple, with a flagship store on Oxford Street, London Credit: Alamy In 2021, Topshop and Miss Selfridge were purchased by Asos, following the collapse of former owner Arcadia. They were sold for a combined price of £330million. But in September last year, Asos sold a 75 percent stake in Topshop and Topman for around £135million to Danish holding company Heartland. At the time of the deal, Asos planned on relaunching and by August this year. Michelle Wilson, MD at Topshop and Topman, told Drapers that the brand has something up its sleeve for August. But that's just the beginning - Topshop and Topman will return to the high street for autumn via a wholesale partner. 'We have something planned in August to bring Topshop back into real life again, with a more semi-permanent presence than the one-day pop-up,' she said. 'In the shorter term that will be something with partner support and in the longer term we will do something standalone." Wilson said she was "excited to see Topshop back in person" and said their collaboration "will surprise people". In April this year, Topshop launched a pop-up at Defected Records and shoppers went wild for it. Pull&Bear Opens New Flagship Store at Silverburn: Fashion Fans Celebrate in Glasgow! They recorded a sale every three minutes, which Topshop bosses have said is proof that there is demand for the adored store. Wilson added that they aren't trying to "recreate" the Topshop that millions knew and loved. She explained that the clothing store will be given a 2025 makeover to allow it to compete with the current climate. Wilson hinted that the shop will offer experiences, much like its industry-leading Oxford Street flagship store. The once-thriving London branch offered nail bars and piercing parlours. Topshop and Topman bosses also revealed that it is "not going after a specific age demographic." However, for the now thirty-somethings whose wardrobes were packed full of Topshop garms in the early 2000s, there's more good news. Traditional favourites like the Jamie and Joni jeans will be here to stay, as well as the new Asos-era bestsellers like the wide-leg Cinch jean. Wilson teased shoppers and said that they should expect Topshop's more casual side, as well as the formal "going out" pieces. In April, Asos CEO José Antonio Ramos Calamonte, announced the return of He said: "The first step of this comeback is This will be a standalone website, which will exclusively sell the legendary brand's clothing and is expected to launch in the second half of the year. Topshop was founded in 1964 youth-focused offshoot of the department store Peter Robinson. It became a leader in trend-driven fashion and was a staple on the high street. Topshop was known for offering affordable, yet stylish, clothing that closely mirrored runway trends. However, the retail landscape began to shift in the 2010s, with growing competition from online retailers and changing consumer habits. The Sun has approached Topshop for comment.
