United States' leading fashion retailer,
) teamed up with Arcadia Group to feature top British fashion
brands, TOPSHOP and TOPMAN at its stores while expanding the
product assortments to attract customers. These brands will feature
as separate departments at 14 out of 117 of Nordstrom's full-line
stores country-wide as well as on its ecommerce website starting
September 10 this year.
The brands' collection at Nordstrom stores will include the
exclusive designs available at any TOPSHOP and TOPMAN store as well
as some limited-edition pieces, specially designed for Nordstrom.
Additionally, the Nordstrom website will have an extended
merchandise selection featuring the new brands.
Launched in 1964, TOPSHOP is a well known British brand for
women, offering glamorous going out pieces, footwear, accessories
and an extensive range of denim and jewellery. The brand has grown
as a major British style authority due to the development of young
talent including Christopher Kane, Meadham Kirchhoff, Hussein
Chalayan, Richard Nicoll and Mary Kantrantzou. Moreover, the
brand's Boutique collection, which focuses on style over seasonal
trends, has led to its growth.
Presently, TOPSHOP has about 319 stores in the UK and additional
137 international franchises operating in 37 countries. In the
United States, TOPSHOP and TOPMAN already have flagship stores in
New York, Chicago and Las Vegas. Moreover, the company is scheduled
to open a store in Los Angeles in spring 2013. Other plans of the
brands' flagship stores in the pipeline include opening a second
store in New York and a new store in Miami.
On the other hand, TOPMAN, which is Arcadia Group's brand for
men, produces truly exciting high-street men's fashion since 1978.
The brand offers exclusive and affordable menswear in about 230
stores operating across the UK. Additionally, the brand's website
TOPMAN.COM ships to over 100 countries worldwide.
Based in Seattle, Washington, Nordstrom Inc. offers high quality
apparel, shoes, cosmetics and accessories for men, women and kids.
The company offers both branded and private label merchandise, as
well as a private label card, two Nordstrom VISA credit cards and
debit cards for Nordstrom purchases. As of June 30, 2012, Nordstrom
operated 117 Nordstrom full-line stores, 110 Nordstrom Rack, 2
Jeffrey boutiques, 1 treasure&bond store and 1 clearance store,
thus bringing the total store count to 231.
Nordstrom competes with other upscale specialty retailers such
). The company maintains a Zacks #3 Rank, which translates into a
short-term Hold rating. Our long-term recommendation on the stock
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