The retailer has "zero transparency about their practices," says year-old artist Ilona Ecott of Buckinghamshire. In contrast, she points to the ethos of newer names such as year-old Grace Beverley, a social media influencer who founded an athleisure label made from a range of recycled fabrics. For all the haters, there are undoubtedly still Topshop fans.
The brand has 10 million Instagram followers, among them Ilona's friend, year-old Charlotte Stock. She says you're far more likely to hold on to Topshop clothes, than those from other cheaper brands. You have them for a year then get rid of them because they're out of fashion. With Topshop you can dress a top up with different trousers or a different coat or cardigan and you can still wear them.
And what if Topshop closes its doors for good? Topshop: 'It's not really how I dress'. Image source, Getty Images.
It's lost its cool. Topshop has been hit hard by coronavirus lockdowns. Its digital business has lagged. Image source, PrettyLittleThing. Fashion content creator Barbara Adeniken says Topshop 'isn't doing anything exciting anymore'.
It's had to deal with problems at the top. But now Arcadia, the company that owns Topshop, is running out of money and could enter administration as soon as today. Going into administration doesn't necessarily mean all the stores will close, but it might mean closing parts of the company that are losing money.
Its problems come after the global pandemic caused problems for all sorts of businesses, but experts don't believe coronavirus is solely to blame for the decline in sales at Topshop. They are quite boring and not very exciting places to go. He says other retailers, like Boohoo and Missguided are doing a better job. But that wasn't always the case. Here's how the Topshop brand rose from a basement to one of the biggest names in British fashion. In , The Beatles were one of the most popular bands in the world and Nelson Mandela was sentenced to life in prison.
It started as a small section in the basement of a store in Sheffield called Peter Robinson. By , Topshop had left the basement and established itself as a stand-alone store, catering to year olds. This was the year Topshop's buddy, Topman, opened stores for the first time.
It specialised in men's fashion and became increasingly popular due to the decline in men's tailoring services. After nearly three decades of growth, the Topshop flagship store opened in Oxford Circus.
It has three floors and is 90, sq ft big. The shop is one of the first things you see when you come out of the Oxford Circus tube station, has a DJ booth, nail bar and even food and drink stalls inside. The Escapist. The Reveller. The Optimist. ES Best. ES Mag. Follow us:. Password Please enter a valid password. Submit Submit. So, where did it all go wrong? Cooler, sharper competition. Boohoo but not goodbye. This is an updated version of an article originally published on November 27
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