Most of Topshop’s clothing and products are targeted primarily to young women in their 20’s and early 30’s that are fashion forward and always looking for the hottest trends.
They carry many different clothing lines that include: collections, mainline, premium, boutique, unique, designer, and emerge.
What brands did Topshop sell
The British online fashion retailer has purchased Topshop, Topman, Miss selfridge and HIIT for £265m and the stores and websites of those brands are set to close down.
What does Topshop stand for
Wikipedia. Topshop. Topshop (originally Top Shop) is a British multinational fashion retailer of clothing, shoes, make-up and accessories.
It has around 500 shops worldwide – of which some 300 are in the UK – plus online operations in a number of its markets.
Why was Topshop sold
Both Topshop and Miss Selfridge have been in decline in recent years, because of Arcadia’s failure to reimagine and refocus them for the digital age.
While a shocking 2,500 jobs are at risk as a result of store closures, Asos will retain some of the design and buying teams at Arcadia head office.
Is Topshop a good brand
top shop is known for their quality but is quite expensive for same designs and style that is sold at forever 21 or HM for cheaper price.
Their clothes are so unique and high quality, their shipping/returns policy is great, only thing is their sizing is weird bc its a London brand that runs a bit smaller.
Is Topshop expensive
Topshop occupies a space between upscale brands and ultra cheap brands like Fashion Nova.
For example, Topshop’s jeans tend toward the $80 to $120 range, while H&M jeans can be had for as little as $20.
How do Topshop promote their products
Additionally, Topshop also promotes its products through emerging social communication networks such as Facebook.
By using social networking sites, Topshop has successfully created a sufficient online community.
What did Topshop used to be called
Topshop was founded in 1964 as Peter Robinson’s Top Shop, a youth brand within the Sheffield branch and also had a large department in the Oxford street shop.
Who bought Topman Topshop
Asos acquired the brands in February for $364 million. The deal did not include any of the brands’ 70 physical retail stores, the Guardian reported.
Nordstrom’s sales, still down from past periods, have been recovering from the pandemic, as noted in this graphic from the company’s first-quarter earnings report.
How much is Topshop worth
They went from an estimated net worth of $4.8 billion in 2018 down to $3.5 billion in at the start of 2019 and $2.5 billion by July 2019.
Forbes estimates Philip & Cristina Green’s net worth today to be $2.1 billion.
Is Topshop available in USA
Is Topshop in USA? Yes it is!
What happened to Topshop in us
Topshop, one of the buzziest stores of the last decade, has become the latest COVID casualtyand the one that hurts the most.
This week, it was announced that the besieged Arcadia group, which also owns Dorothy Perkins, Wallis, Miss Selfridge, and Burton, had gone into administration, putting 13,000 jobs at risk.
Is Topshop gone bust
The sale of the iconic Topshop building marks the beginning of the end for an insolvency process that began 10 months ago for a business that made the fortune and reputation of Sir Philip Green, one of the most controversial billionaires in British business today.
What age is Topshop aimed at
It was announced that while Peter Robinson would target the over 25s market, Top Shop would focus on the age range from 13 to 24, with Ralph Halpern directing the new venture.
Is Topshop fast fashion
Ultimately, Topshop is still a fast fashion retailer focused primarily on making low quality clothes that will only last one season.
What are the 5 target markets
There are many ways to segment markets to find the right target audience. Five ways to segment markets include demographic, psychographic, behavioral, geographic, and firmographic segmentation.
When did Topshop shut down
It collapsed into administration on November 30, under the weight of a £750million debt pile.
Administrators last month confirmed all 21 Outfit stores, alongside a further 10 shops for other Arcadia brands will close, in a move which will impact more than 700 jobs.
What is an example of target market
A target customer is an individual that’s most likely to buy your product. And it’s a subset of the broader target market.
For example, if your target market is female athletes between the ages of 13 to 25, a target customer could be female athletes in the specific age range of 13 to 16.
Is Topshop owned by ASOS
Asos acquired Topshop, Topman, Miss Selfridge and HIIT in February. The brands were put on the block after Arcadia Group, the British retail empire that had been run by the billionaire Philip Green for 18 years, filed for bankruptcy protection late last year.
Why has ASOS bought Topshop
Topshop, Topman, Miss Selfridge, and HIIT generated approximately 60% of their 2020 revenues online.
In a letter to investors, ASOS said it bought the brands because they complement its existing portfolio and are established in the US and Germany, with around half of their 2020 sales coming from non-UK markets.
Is Topshop still open in the UK
Is Topshop closing down in the UK? In case you’re wondering if Topshop is still trading, the answer is yes – for now.
Administrators Deloitte are currently looking for buyers for all the Arcadia brands, including Topshop.
Is Topshop owned by Nordstrom
Nordstrom said Sunday it has acquired a minority stake in four apparel brands owned by the online U.K. fashion house Asos.
The brandsTopshop, Topman, Miss Selfridge and the activewear label HIITtarget younger consumers in their 20s.
When did ASOS buy Topshop
It was confirmed on Monday 1st February 2021 that ASOS had officially bought Arcadia brands Topshop, Topman, Miss Selfridge and HIIT, resulting in the closure of stores and potentially 2,500 employees sadly losing their jobs in retail overnight.
Who is Nike’s target market
Although with apparel and sports the market can be broad, for the most part Nike primarily targets consumers who are between the ages of 15-40.
The company caters to both men and women athletes equally, and is placing an increasing focus on tweens and teens to build long-term brand loyalty.
What happened to Topshop in London
The fashion chain left the huge shop vacant afters its parent company, Sir Philip Green’s Arcadia, went into administration in late 2020.
Other major brands are on the way out. House of Fraser’s Oxford Street department store is set to close in January 2022 after over 100 years at the site.
How much did ASOS buy Topshop for
Asos Buys Topshop Brand for $405 Million, Plans Online Push.
Can you buy Topshop in Canada
The Topshop 2.0 expansion in Canada won’t be nearly as grand as the one a decade ago.
Nordstrom’s six Canadian stores will carry Topshop fashions for women and Topman fashions for men, as will Nordstrom’s Canadian e-commerce site.
Are all Topshop stores closing
Topshop and three other Arcadia retail brands will permanently close stores as Asos confirmed it has sealed a £265 million takeover on Monday morning.
The online fashion retailer is buying Topshop, Topman, Miss Selfridge and HIIT.
Why is Topshop closing
A decade later, after a much-reduced growth trajectory gave Topshop only 11 stores compared to more than 300 stores in the UK, Arcadia announced plans to close all of its US Topshop stores as it sought to restructure after filing for bankruptcy protection.
Who is H&M target customer
H&M Group has special guidelines for the advertising of our children’s concepts. The target audience is always caregivers and grownups, not children, and we do not place advertisements in media aimed directly at children.
What was Topshop Oxford Street before
214 Oxford Street: from the Bazaar to Ikea Ikea will be taking over the building previously occupied by Topshop at 214 Oxford Street.
Citations
https://www.collinsdictionary.com/us/dictionary/english/topman
https://www.thebalancemoney.com/target-marketing-2948355
https://www.bloomberg.com/news/articles/2021-02-01/online-retailer-asos-to-buy-topshop-brand-for-405-million
https://en.wikipedia.org/wiki/Topshop
