Word: topshop
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Dates: during 2000-2009
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...East 59th Street in the 1970s or Reminiscence on MacDougal Street in the 1980s has a fast-fashion retail brand made such a splash in Manhattan. On Thursday morning the model Kate Moss will join Arcadia Group chairman Sir Philip Green to cut the ribbon on British retail chain Topshop's long-awaited U.S. debut, at Broadway and Broome Street in SoHo. Originally scheduled to hit the Big Apple last fall, the delayed flagship opening comes at a time when other relatively inexpensive fashion brands like H&M and Zara are reporting declining sales figures...
...From tomorrow, H&M will try to show Harajuku's young shoppers what it can offer - and what the global competitors that share the same block, like GAP, Topshop, and Zara, can't. H&M Japan says it will monitor the pricing of other brands, including Japan's own uber-casual UNIQLO, but isn't fazed by the competition. "If you've seen one GAP, you've seen them all," says Andersson. He says one of H&M's strengths is that it can tailor a store for the customer in a particular neighborhood or shopping district. "An advantage...
...President from 1989 to 1993, famously declared that his dream was for Turkey to become "a little America." And he wasn't talking about liberty. Today, Turkey is home to Europe's youngest population, and one of the world's fastest-growing consumer markets with brands like Starbucks, Topshop and Ikea booming. One brand manager told me that in his view, the country's shopping malls (60 new ones opening this year) are "paved with gold...
However, with competitors like H&M and Zara already flourishing in the U.S., is there room for Topshop? "H&M and Zara are hitting the ball out of the park," says Howard Davidowitz, chairman of Davidowitz & Associates, a New York--based retail consultancy. But thanks to its broader customer appeal, Davidowitz says, the potential for Topshop "is better than either of these." Not that there isn't plenty of opportunity to occupy Topshop at home. The company is looking at ways of expanding its brand into new areas in Britain too, from confectionery to luggage to footwear. With Topshop stores...
...succeed in the U.S., Topshop will have to win over the American version of loyal shoppers like Caroline Dickinson. A few weeks ago in London, the 21-year-old student waited in line for four hours for the launch of Moss's collection at Topshop. She planned to buy a $100 white cotton dress to wear at her university ball. By the time she got inside, however, she was told that item wasn't available. Unperturbed, Dickinson emerged 15 minutes later and a few hundred dollars lighter with two other dresses and a couple of vests. She vowed to come...