×
3 545
Fashion Jobs
VF INTERNATIONAL
Compliance &Amp; Audit Controller
Permanent · CALVERTON
COTY
UK & Ireland Cfo, Consumer Beauty & Luxury
Permanent · London
EVERLAST GYMS
General Manager - Everlast Gyms
Permanent · SELBY
SELFRIDGES
Senior Tech Business Analyst - Source And Supply
Permanent · LONDON
HARVEY NICHOLS KNIGHTSBRIDGE
Brand Consultant - Canada Goose (Womenswear)
Permanent · LONDON
NEXT
Sales Coordinator - Toftshaw Lane Staff Shop
Permanent · BRADFORD
NEXT
Home Design Consultant - Norfolk Longwater
Permanent · NORWICH
NEXT
Delivery Manager - Basildon
Permanent · BASILDON
NEXT
Sales Manager - Scarborough Home
Permanent · SCARBOROUGH
NEXT
Sales Coordinator - Cheltenham Gallagher
Permanent · CHELTENHAM
NEXT
Delivery Coordinator - Bentley Bridge - Wolverhampton
Permanent · WOLVERHAMPTON
NEXT
Sales Coordinator - Leeds Thorpe Park
Permanent · LEEDS
NEXT
Sales Coordinator - Redditch
Permanent · REDDITCH
NEXT
Sales Manager - Bristol Imperial Park
Permanent · BRISTOL
HUGO BOSS UK LTD.
IT Business Consultant - Northern Hub
Permanent ·
FRASERS GROUP
HR Business Partner
Permanent · SHIREBROOK
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · STOKE-ON-TRENT
ALL SAINTS
Senior CRM Executive
Permanent · London
COTY
Pan eu Senior Key Account Manager
Permanent · London
FLANNELS
Events & Marketing Manager- Flannels
Permanent · LIVERPOOL
FRASERS GROUP
Senior Marketing Executive - Everlast Gyms
Permanent · SHIREBROOK
FLANNELS
Loss Prevention Supervisor - Flannels
Permanent · RUSHDEN
Ads
Published
Jan 3, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Topshop to shut Westfield Stratford store when lease ends

Published
Jan 3, 2020

In addition to the dozens of Arcadia stores earmarked for closure as part of a company voluntary agreement approved in June, Topshop is set to close one of its main branches in east London.


Topshop


Arcadia has confirmed it is planning to close its Topshop/Topman flagship store in hugely popular mall Westfield Stratford City, in east London, when the lease expires.

Since it opened its doors in 2011, the two-storey flagship store has been a main attraction in the shopping centre, which is also home to Primark, Zara, Next and New Look.

The closure is not part of Arcadia’s CVA plans, which were approved in summer last year to put the group on the path to recovery after a period of declining trading performance.

So far, 23 of more than 560 stores in the UK and Ireland have been earmarked for closure, including Topshop sites in Bedford, Fareham, Luton, Nuneaton, Salisbury, and Dublin.

Other group brands including Dorothy Perkins, Burton, Miss Selfridge and Outfit will also see their store count shrink as part of the restructuring. 

Topshop has been one of the UK’s strongest and highest-profile fashion brands, but it hasn’t been immune to the problems affecting the wider retail sector, including changing consumer habits, ever-increasing online competition and challenging trading conditions.

In addition to the store closures, Arcadia will seek to renegotiate rents across its entire portfolio, and has recently refinanced its £310 million mortgage on the Topshop flagship store on Oxford Street in London.

Copyright © 2023 FashionNetwork.com All rights reserved.