Topshop launch first store in Hong Kong
Topshop will open its first store in Hong Kong in May 2013 as owner Sir Philip Green looks to take the brand global.
Under a partnership with LAB Concept, a retail subsidiary of luxury Chinese department store Lane Crawford, Topshop’s first store in the metropolis will occupy 12,000 sq ft across two floors within the Asia Standard Tower, on the prestigious Queens Road Central.
The debut store will retail apparel, accessories, footwear and beauty lines, as well as a by-appointment personal shopping service.
Speaking in light of the announcement Sir Philip Green said: “I am delighted to be launching Topshop in Hong Kong in 2013, with Lane Crawford’s LAB Concept as our chosen partner. Their team’s expertise in the Chinese market is invaluable to us. This is certainly a very exciting step in the continued growth of Topshop as a global, yet uniquely British, brand. I am confident that the fashion-loving Hong Kong customers will enjoy the retail experience and fantastic product offer that Topshopwill deliver for them."
Andrew Keith president of Lane Crawford added: “We are excited to be working with Sir Philip Green and his fantastic team to bring Topshop to the market as a full retail concept that truly represents the creativity and energy of the brand, at a time when the contemporary market in Greater China is booming,”
Last week Sir Philip confirmed the sale of 25 per cent of the Topshop and Topman brands to US private equity group Leonard Green and Partners. The deal is expected to signal a new phase of expansion for Topshop, with Sir Philip describing a “clear strategy” for Topshop and Topman to become “major global players”.