Business
Topshop: how the once trendsetting brand fell behind the times – The Conversation UK
Once nimble and reactive to changing trends, Topshop failed to join the internet shopping revolution and it’s paying the price.
The British fashion group Arcadia has fallen into administration, leaving 13,000 jobs at risk. Arcadias market share slumped from around 4.5% in 2015, to 2.7% in 2020. The groups extensive portfolio of high street stores, which includes British high street staples like Dorothy Perkins, Burton and Miss Selfridge, has long felt outdated.
Arcadias hold on the high street has waned over the years with dozens of outlets closing nationwide. Many industry experts and past employees lay the blame at owner…
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