Fashion entrepreneur Sir Philip Green is to launch Topshop and Topman concessions within US department store Nordstrom, it has been announced today.
An unprecedented move, the partnership will see Nordstrom become the only large US retailer offering a wide range of the Arcadia brands‘ products both in store and online.
Offering limited-edition merchandise including an exclusive selection on Nordstrom‘s website, the departments will feature mannequins, visual merchandising and fixtures from the UK to ensure that the brand‘s identity is maintained.
Nordstrom operates 231 stores across the US and also has a strong online presence and Pete Nordstrom, President of Merchandising for Nordstrom, Inc, believes that the businesses are well-suited for a strong partnership.
“Topshop and Topman are internationally renowned leaders in fashion and we are thrilled to start a relationship with them that we hope will grow and prosper over the years,” he said.
The departments aim to further Arcadia‘s reach within the US youth fashion market as Topshop has focused strongly on international expansion in recent years, with state-side flagship stores in New York, Chicago and Las Vegas, with an LA store scheduled to open in spring 2013.
However, late last year the group announced plans to close 260 Arcadia stores over the next three years due to the tough trading environment, with Arcadia owner Sir Philip Green noting at the time the “very challenging conditions both in the UK and around the world.”
Commenting on the latest deal, Green said: “‘I believe Topshop and Topman offer the Nordstrom customer something very different and unique with our signature British fashion authority.
“With new pieces being delivered from our design team on pretty much a weekly basis – the ability to buy fresh, must-have looks every time a customer visits is key to our brands‘ point of difference.
“I admire what Pete and his team do at Nordstrom and I look forward to working with them to create an exciting and dynamic retail partnership.”