British Fashion Brand Topshop to Return to High Street at John Lewis

(FILES) A sign is pictured outside a closed branch of the fashion retailer Topshop in central London on February 1, 2021. (Photo by Tolga Akmen / AFP)
(FILES) A sign is pictured outside a closed branch of the fashion retailer Topshop in central London on February 1, 2021. (Photo by Tolga Akmen / AFP)
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British Fashion Brand Topshop to Return to High Street at John Lewis

(FILES) A sign is pictured outside a closed branch of the fashion retailer Topshop in central London on February 1, 2021. (Photo by Tolga Akmen / AFP)
(FILES) A sign is pictured outside a closed branch of the fashion retailer Topshop in central London on February 1, 2021. (Photo by Tolga Akmen / AFP)

Topshop, the British fashion brand that set trends in its early 2000s heyday, will return to high streets across the country in John Lewis department stores next year, the companies said on Wednesday.

A selection of Topshop pieces including denim, jackets and wardrobe staples will be available in 32 John Lewis stores from February, they said. Menswear brand Topman will be stocked in six, they added.

Topshop was a fashion destination for young women in the late 1990s and early 2000s, attracted to its cool styles at high street prices.

It declined in the 2010s and its final store closed in 2021 after its parent company Arcadia, owned by former retail tycoon Philip Green, went into administration.

The brand was bought by online retailer ASOS, which in turn sold 75% to Heartland, owner of online retailer Bestseller in 2024, Reuters said.

As well as online on its own sites and ASOS, some Topshop ranges are sold in upmarket London store Liberty.

John Lewis managing Director Peter Ruis said bringing Topshop and Topman back to high streets across the UK was a landmark moment and the retailer was thrilled to be its nationwide partner.

"It's the ultimate proof of our strategy: offering the most-loved brands alongside the unwavering trust of our brand promise," he said.

John Lewis has traditionally appealed to a broad swathe of Britain's middle classes, whereas Topshop was targeted at young shoppers.

Ruis, however, said Topshop would resonate with our "Gen Zs and our Gen Xs and everyone in between" and would exemplify the new John Lewis.

Topshop's Managing Director Michelle Wilson said: "We want to be back at the forefront of both British fashion and British culture, and our mission is absolutely to bring the best of fashion to everyone."

John Lewis also announced a marketing campaign marking the 100 year anniversary of its "Never Knowingly Undersold" price promise.



China's HongShan Reportedly Eyes $2.9 Billion Golden Goose Deal by Christmas

People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
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China's HongShan Reportedly Eyes $2.9 Billion Golden Goose Deal by Christmas

People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier

China's HongShan Capital Group (HSG) has sent a 2.5 billion euro ($2.91 billion) offer to private equity Permira to buy Italian luxury sneaker maker Golden Goose, with the aim of signing the deal by Christmas, daily la Repubblica reported on Friday.

Details still need to be defined but the offer gives the luxury group an enterprise value of 10 times the core profit expected by the end of the year, debt included, the newspaper said.

Golden Goose's revenues totaled 655 million euros in 2024, with an adjusted core profit of 227 million euros.

HSG has asked veteran fashion industry executive Marco Bizzarri to become Golden Goose's future chairman, la Repubblica said, adding that the Chinese private equity aims to expand Golden Goose's directly-managed stores, particularly in Asia, and plans to list the group in the medium-term.

Last year the Venice-based company, which sells sneakers for more than 500 euros a pair, shelved plans for an initial public offering on the Milan Bourse, citing market volatility caused by political uncertainty in Europe.


Debenhams' New Pay Plan Without Vote 'Disgraceful', Says Top Investor Frasers

Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
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Debenhams' New Pay Plan Without Vote 'Disgraceful', Says Top Investor Frasers

Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)

A move by struggling British online fashion retailer Debenhams to push ahead with a new executive pay scheme without seeking approval from investors was "utterly disgraceful", the finance chief of rival Frasers said on Thursday.

Frasers is Debenhams' biggest investor with a 29.7% stake.

Last week, Debenhams said that one of the reasons it was not asking for a shareholder vote on the new pay scheme worth up to 222 million pounds ($296 million) was because a "major competitor" investor, which it did not name, had tried to block previous resolutions.

Debenhams has been locked in a long-running tussle with Frasers, majority-owned by British retail tycoon Mike Ashley, which unsuccessfully attempted to block its rebrand and oust its co-founder.

Frasers' chief financial officer Chris Wootton said Debenhams' latest move, which could see CEO Dan Finley earn up to 148 million pounds if Debenhams' share price hits 3 pounds over the next five years, was "typical corporate governance from them, utterly disgraceful".

However, he told Reuters that if Debenhams achieved a share price of 3 pounds "shareholders will be happy."

Debenhams shares were trading at 22.25 pence on Thursday, down 3.3%.


Zara Owner Inditex Reports Strong Start to Winter Sales

FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
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Zara Owner Inditex Reports Strong Start to Winter Sales

FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo

Zara owner Inditex said sales grew 10.6% in constant currency over the start of its fourth quarter, beating analysts' expectations for the November period that includes the crucial Black Friday sales.

The $178 billion fast fashion giant also reported on Wednesday sales of 9.8 billion euros ($11.41 billion) for its third quarter ending October 31, higher than the 9.69 billion euros expected by analysts according to an LSEG estimate.

The results from Inditex, seen as a bellwether for the global fast fashion sector, provide a first glimpse into how successful the key Black Friday sales weekend was for retailers.

The strong sales growth in the period from November 1 to December 1 compared to a year ago marked an acceleration from the nine-month currency-adjusted growth rate of 6.2%, an encouraging sign for the fourth quarter, its biggest in terms of revenues.