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Topshop shuts Japanese stores but will 'maintain its presence' in the country

Topshop closed its five stores in Japan, which were operated by a franchise partner, at the end of last month but has confirmed it will seek to maintain a long-term presence in the country.

The company had two flagships in Tokyo, in addition to stores in Yokahama, Osaka and Chiba Prefecture, which were opened in partnership with Mori Retail Systems.

Both the flagships in Tokyo are now shut with signs on the door that say they have been closed as of January 31, according to the Nikkei Asian Review. The Shinjuku store in the capital appeared to be fully stocked with merchandise, while the Harajuku store was empty but the Larofet mall, where it is based, is closed for maintenance work.

The remaining three stores outside Tokyo are understood to have also closed, but it is not known when they stopped trading.

A spokeswoman at Arcadia said: “The Japanese market is an important part of Topshop’s business and there are no plans to pull out of this key international territory. The stores in Japan are operated by one of Topshop’s franchise partners. We are working hard, and exploring all avenues, to ensure that the brand maintains its presence in Japan.​”

 

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