Topshop maps growth plan with new investor

12/7/2012 | Women's Wear Daily (subscription required)

UK-based Arcadia Group has big plans to double sales at Topshop and Topman and build the fashion brands' US sales to $1 billion, owner Sir Philip Green said this week, shortly after completing a deal to sell 25% of the brands to US private-equity firm Leonard Green & Partners. Topshop has in-store shops at 14 Nordstrom stores, and will open standalone stores for both brands in Los Angeles early next year.

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