The rise and fall of Topshop: what went wrong

Articles & Reports
 |  
Dec 2020
 |  
Business of Fashion
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What: a short analyse on UK brand Topshop following the collapse of parent company Arcadia Group


Why it is important: the world economy has been hit hard by the covid-19, and the retail sector was not spared. UK-based Topshop was once one of the hottest retailer on the high street, and if its decline started before the crisis, it was surely accelerated by the pandemic.


In a shot analyse, Business of Fashion looks at UK fashion brand Topshop to evaluate it and understand how it all went down. The collapse into administration of Arcadia Group, whose decline started before the pandemic has the retail group was losing ground to more agile ultra-fast-fashion e-commerce players, makes us wonder what will happen to the group’s brands.

Topshop also was slow to digital and could not compete with fast-growing e-commerce players like Asos and Boohoo. The brand was also slowed down by broader problems within Arcadia Group.


The rise and fall of Topshop: what went wrong