The U.K. fashion brand Topshop and Topman has confirmed that it will be leaving all Hudson’s Bay stores across Canada this fall, by September 30.
Since opening in Spring of 2011, Topshop has been a trendy fashion staple inside of HBC stores.
Arcadia Group, the Topshop owner, went into bankruptcy protection back in November 2020. Luckily, they were then acquired by online-based U.K. retailer ASOS this past February. ASOS apparently plans to move the entire Topshop brand onto its beloved e-commerce platform.
Topshop was originally available in the United Kingdom, Europe, Asia, as well as the United States.
As of 2019, the brand’s US division filed for bankruptcy which led to all of its stores closing down operations.
HBC explained how the company will continue to offer trendy brands, “Hudson’s Bay is growing its millennial and Gen Z offering through elevated brands and in-store experience. We have already introduced brands like Mango, Good American, Sweaty Betty, ALC, AFRM, and Ganni, and are working to launch dozens of new, relevant brands and are anticipating an incredibly compelling fall line-up.”
As for the employees of Topshop and Topman, those Canadians will be offered jobs elsewhere throughout the Hudson’s Bay Company.
Although we aren’t too surprised that Topshop is leaving Canada’s retail scene, we have to admit the brand experienced huge popularity before the last few years. Nevertheless, we can’t wait to see how HBC fills the void that will be left by its exit.
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