World

The Topshop is the United Kingdom’s popular retailer of trendy and chic inexpensive clothing. Arcadia Group owns Topshop and had announced they planned on opening the first USA outlet in the fall of 2008. Instead, the long anticipated opening has been moved to sometime in March 2009.
The first Topshop is going to opening in Soho in New York City. The building where the store will be located is 150 years old and has 45,000 square feet. Preparing the building for occupancy has turned into a more extensive process than planned. The interior of the building had to be gutted and completely reworked. New floors and escalators are being added. Arcadia Group has learned quickly that things work differently in the USA than they do in the UK. Sir Philip Green is the owner of Arcadia and he said, “America is a new territory for us and we have to get it exactly right.”