Financial News
Written by: Huang Jie
2020-08-16 21:45
Last update date: 2020-08-16 21:45The epidemic continues, the retail industry has been hit hard, and some famous foreign fashion brands have announced their withdrawal from Hong Kong.
British fashion brand Topshop posted on its official Facebook and Instagram today that it will close its Hong Kong Topshop and Topman branches, saying it would like to thank customers for their support and love for many years.
Topshop officially entered Hong Kong as early as 2013, and now only the flagship store in Central is left. Looking through the information, the company leased a total of 14,000 square feet of shops on the 2nd floor of Queen’s Road Central in Central in 2012 as a flagship store. The lease was renewed for another three years in 2017 with a monthly rent of 1.5 million yuan. The lease expired in October this year.
According to an earlier report, a Topshop spokesperson pointed out that Hong Kong is an important market for Topshop and Topman, and the two brands will continue to provide services to Hong Kong online.
Topshop
