Topshop Is Opening A Flagship Store On 5th Avenue In NYC
Scott Olson/Getty Images
The brand also announced plans to open four more stores in the United States: in San Diego, Washington DC, Houston and Atlanta.
The new Manhattan store will be located on Fifth Avenue, on the corner of 49th Street, adjacent to the Rockefeller Center.
Second only in size to Topshop's branch on London's Oxford Street, it will open this autumn.
British tycoon Philip Green, the chairman of Topshop's parent company the Arcadia Group, sold a 25-percent stake in the Topshop/Topman brand to Leonard Green and Partners, a US private equity firm, in a bid to fuel the brand's international expansion.
Green said: "Following the investment of Leonard Green and Partners in December 2012, it was always our plan to significantly expand Topshop and Topman in the USA."
In 2013 alone, Topshop and Topman opened more than 80 stores or sales areas in 13 countries including Australia, Brazil and Hong Kong, taking the total number of outlets worldwide to almost 500.
Copyright (2014) AFP. All rights reserved.
- Internet of Things (IoT) Applications
- 10 Ultimate road trip routes in India for 2024
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market