Retail in Asia

In Trends

Topshop and Miss Selfridge to push into China

Sir Philip Green’s Topshop and Miss Selfridge brands are to push into China with an agreement to launch on the ShangPin.com fashion retail website next month. Sir Philip has long held the ambition of taking Topshop into China and already has two stores in Hong Kong.

The retail billionaire said: "As we continue to grow our global expansion, this will be a step forward using the power of China’s online reach and therefore selling into one of the world’s most exciting consumer markets."

The deal with local Chinese online retailer ShangPin.com is Sir Philip’s second foray into new areas of online retail this year.
 

(Source: CNBC)