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Arcadia ramps up international growth

Topshop and Miss Selfridge could be opening as far afield as Azerbaijan and Chile, with Arcadia boss Sir Philip Green looking to up his international expansion plans.

Over the next year, Arcadia will open Topshop and Topman stores in Azerbaijan, launch Miss Selfridge in Chile and Australia, and introduce Burton into the Far East, The Independent reports. The two retailers are also expected to “significantly increase” their presence within the US, via its Nordstrum partnership.

Standalone stores are also being plotted for other US cities, including Miami, San Francisco and Boston. In total, Arcadia is expected to open 185 stores overseas through franchise partners by next August.

Topshop opened its first outlet in Hong Kong this month, with the retailer’s managing director Mary Homer telling Drapers at the time that this was just the first stage in wider ambitions for China.

The business has also confirmed it is in discussions to launch Miss Selfridge in the US.

Last year, Green sold a quarter of Topman and Topshop to US private equity firm Leonard Green & Partners, with plans to expand internationally as a result.

 

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