Friday. Liquidation sales are expected to begin as soon as this weekend.
But Canadian stores are not affected. A spokeswoman for The Hudson’s Bay Co., which acquired the rights for Topshop and Topman back in 2011, said both Topman and Topshop stores will stay open. “At this is time there is no change to the Topshop locations within Hudson's Bay,” said spokeswoman Tiffany Bourre in a statement.that similar closures will hit 23 Arcadia-owned stores in the United Kingdom. In the past three years, the company has shuttered 200 stores across the U.K.
News of the closures comes after Topshop owner Sir Philip Green was accused of sexual misconduct last year. – which included allegedly groping a female executive and mocking another staff member’s dreadlocks – prompted some shoppers to boycott the company.In this file photo dated Wednesday, June 5, 2013, Philip Green speaks during an interview at his new Topshop store in Hong Kong.
Source: News Formal (newsformal.com)
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