×
249
Fashion Jobs
LUPIN
Opportunity For Area Manager - Mass Marketing - Lupin Ltd
Permanent · Pune
SOBHA
Manager - Sales at Sobha Nesara, Kothrud - Pune
Permanent · Pune
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager - Punjab
Permanent · Jalandhar
PETPOOJA
Area Sales Manager || Software Sales (Pos) || Petpooja
Permanent · Navi Mumbai
FLEETX
Assistant Area Sales Manager/ Area Sales Manager
Permanent · Haldia
FLEETX
Area Sales Manager
Permanent · Tirunelveli
MINIVEL SERVICES
Area Sales Manager - Insurance Company
Permanent · Bengaluru
POLYCAB
Area Sales Manager
Permanent · Chennai
ACME SERVICES PRIVATE LIMITED
Purchase Manager For a Leading Textile Brand
Permanent · Mumbai
SBFC FINANCE
Area Sales Manager And Sales Manager- Loan Against Property
Permanent · Ahmedabad
BUSY INFOTECH
Area Sales Manager - Amritsar / Ambala / Shimla
Permanent · Ambala
GRAND CHEMICAL WORKS
Area Sales Manager- Lucknow (gt Fmcg)
Permanent · Lucknow
GRAND CHEMICAL WORKS
Area Sales Manager - Jaipur (gt)
Permanent · Kota
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
SURYA FOOD AGRO LTD
Production Manager
Permanent · Greater Noida
SHYAM STEEL INDUSTRIES
Require Area Sales Manager For Different Locations at Bihar
Permanent · Madhepura
PINKODE REALTY LLP
Hiring For Asm/Sales Managers
Permanent · Mumbai
FRQ BRO
Area Sales Manager - Oppo
Permanent · Pudukkottai
FLEETX
Area Sales Manager
Permanent · Tirunelveli
TEACHMINT
Area Business Manager
Permanent · Hubballi
MTC BUSINESS
Production Manager | Khopoli
Permanent · Khopoli
Published
Aug 25, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Australian Topshop survives, but Arcadia to run just four stores

Published
Aug 25, 2017

We've been waiting quite a while for news of what will happen to Topshop and Topman in Australia after the local firm holding its license went into administration. And now we know, the brands’ UK owner is still committed to the market.


Topshop



After three months of putting a deal together, company representatives said on Friday that brand owner Arcadia will buy chunks of the business and take over the running of four stores from the Australian franchisee. The surviving stores are in key locations Sydney, Bondi Junction, Melbourne and Brisbane’s CBD.

The quartet of stores will employ 290 people, well down on the 760 staff members the chain had prior to the administration filing. It previously operated another five standalone stores and there were 17 concessions.

It’s clear that the remaining four have been chosen from the largest locations. Topshop and Topman are stores that lend themselves well to large spaces and comprehensive offers with both their trend-led and basics offers not really showing the brands at their best in smaller stores.

Department store chain Myer, which previously owned a fifth of the franchise operation and hosted those concessions in its stores, will have no financial stake in the reborn Topshop/Topman and has written off its investment.

Topshop first launched in the country in 2011 as part of an early wave of big-league Europe and US chains that analysts expected to have major success there. But while some have prospered (Inditex’s Zara being a good example), Topshop has struggled.

While analysts said that the market has been tough of late, with Australian retail spending falling, there were also suggestions from the franchisee that it had too little input into the product it was allowed to sell and that the product wasn’t always right for the local market.

Product decisions were being made at the firm’s UK HQ and now that the company is directly operating its Australian stores, those decisions will continue to be made in London. But if the decisions are wrong, it’s Arcadia that will bear the brunt of any mistakes.

"We are excited to operate directly in the Australian market and look forward to delivering unparalleled fashion to our customers," Arcadia said in its statement announcing the new set-up.

Copyright © 2022 FashionNetwork.com All rights reserved.