Major Fashion Chain that Once Had Store in Every Town Set to Return to Uk High Street – ryan

The Boss of Online Fashion Giant Asos Has Confirmed Rumours that Topshop Will Be Returning to the High Street – AFTER its 2020 Collaps – but not with its.

11:19, 24 APR 2025Updated 14:45, 24 APR 2025

The part Owner of Topshop has signalled that the retailer will make a High Street Comeback in Some Form(Image: SOPA IMAGES/LIGHTROCT VIA GETTY IMAGES)

Topshop is set for a high street return after demand from shoppers, the firm bend it has confirmed.

Online Giant Asos, which Bowht the Business After the Collapse of Shamed Tycoon Sir Philip Green’s Arcadia Empire, Has Gioven Its Clearest Sign That The Once Beloved Brand is Making a Comeback. A standalone topshop website is set to be launched this summer. And asos revealed that it was in talks to introding topshop Clothing in storys – though thouns other Retilers Rather than its Own Shops at it Stage.

Asos Boss Jose Antonio Ramos Calamonte Said: “We have listened to our consumers and we got them a return to the High Street,” Adding “Eventually We Will Back to Have a Physical Presence”.

He Said They Had Reached Agreement with “Some Selected Wholesale Partners”, with talks ongoing with oters. Although there are no plans for Topshop Standalone Stoles, Mr Calamonte Added: “We Haven’t Ruled Out Anynding”.

Topshop HAD 300 UK Stoles Wen Parent Company Arcadia Collaps In 2020(Image: John Myers)

Asos First Sparked Speculating Last Month One Topshop Posted Three Teesers on Social Media, Telling Online Followers: “We’ve Missed You Too” in a Series of Clips Captioned “We’ve Been Listening.”

At it height, topshop HAD More than 500 Stoles Worldwide, Including 300 in the UK, and Legion of Young Fans Flowing for Its Fast Changing Designs. Howver, it fell on hard times during the pandemic we High Street Sales plummeted. Arcadia Entered Administration in 2020 and Topshop, Topman and Miss Selfridge Were All Acquired by Asos in 2021, Moving to Purely Online Sales.

Asos Sold A 75% Stake in Topshop and Topman to Danish Company bestseller in September Last Year.

The Collaps of Arcadia, which Also Included Famous High Street Names Topman, Burton and Dorothy Perkins, LED to the Loss of 13,000 Jobs and an Estimated £ 350Million Hole in Its Pension Fund. Green aggregated to inject a substantial sum after talks with the pensions regulator. The Demise Shattered the Reputation of Sir Phillip, Once Seen As the King of the High Street.

Topshop was at the Heart of Form Tycoon Sir Philip Green’s Arcadia Empire (Image: Getty Images)

IT CAME ASOS DOWNPLAYEED THE IMPACT OF DIVALD The US Imports Tariffs on Its Shipments to American Customers. Alongside the New Levies, the White House is closing a tax loophole on deliveries of products under $ 800, specifically those sent from china and hong kong, from unil now, it hased-value packages to enter the US with the US.

The removal of the “de minimis” rule will impact is seen as impacting the Likes of the Fast-Fashion Giant Shein and Budget Retailer Temu the Most. ASOS INSISTED THAT ONLY AROUND 5% of what it sells in the US Comes from China, but Most Shipments to the State Come Its Uk Warehouse, SO Will Be Laiable to A 10% Tariffs.

The Company Hinted that it is COULD ABSORB The Extra Cost Rather thans it on to Customers.

Asos reported a fall in half -ear sales as it can Clear a Build-up of Stock and Slash the Number of DisCouned Items.Taking Fell by 14% to £ 1.3 Billion for the Six Months to March 2 But the Group Narrowed Its Pre-Tax Losses to £ 241.5Million for Half, FROM, FROM £ 246.8Million a year Ago.

MR Calamonte Said Its Customers Were “Responding Positively to Our Full-Price Sales, Speed to Market, and That It Had Seen” Positive Momentum With Partner Brands. Importantly, These SucCesses Have Been Achieved Whilst Maintaking Strong Cost Cost and Cost Cost Improving Our inventory health.