Topshop owner Arcadia could reportedly close 100 locations in its vast stores empire as leases on the shops come to an end by late 2020. That would follow more than 200 closures that have happened since 2016.
More than 3,000 brands and collections will be presented to buyers for the Autumn/Winter 2019/20 season at the Premium, Seek, Panorama and Berliner Salon events. Messe Frankfurt will debut its new Neonyt concept.
The Paramus, New Jersey-based watch company announced on Tuesday that it continued its streak of strong sales and earnings gains in the third quarter, reporting total net income of $26.9 million for the period.
A report has suggested Arcadia is looking to close around a third of its 500 leased UK stores, joining the wave of UK retailers trying to downsize their store estate as online shopping continues to soar.