Arcadia to launch first stores in mainland China

A deal struck with local retailer ShangPin will see five stores open in the country, with a further 75 in the pipeline if the venture is a success. Topshop opened its first store in Hong Kong in 2013 and Green has been eying further expansion for a number of years.

The Arcadia Group chairman said the deal would “cement Topshop and Topman’s mission of becoming truly global businesses.”

He added: “For the first time both brands will deliver high fashion to the shop floor and beyond by opening full scale stores in China – host to the world’s largest growing retail economy.”

Department store House of Fraser is also poised to open its first Chinese store in Nanjing at the end of this month.