Following its recent comeback from voluntary administration, Topshop Australia is pushing denim this weekend with the launch of an in-store customisation with two local artists within its Sydney flagship.
The billionaire controlling shareholder of fashion retail giant Arcadia has called for an end to the war of words with an MP that has led to ongoing negative press around the business for the past 18 months.
Stories around Sir Philip Green’s intentions for the Arcadia Group stores that he controls continue to surface but one thing is clear - we won’t know the truth of what’s happening until Arcadia decides to tell us.
Speculation that Shandong Ruyi was in talks to buy the UK’s Arcadia Group may have been denied by both parties but it has certainly focused attention on the Chinese firm’s global ambitions in the fashion sector.
Hundreds of Topshop and Topman stores could see imminent staff cuts as the Arcadia-owned chain becomes the latest UK retailer seeking to rationalise its stores in the face of lower footfall and the migration to e-tail.