Topshop, ShangPin Terminate China Partnership by Mutual Agreement
10 days ago - By WWD
THE DEAL IS OFF: Topshop has parted ways with its Chinese franchise partner ShangPin, the Beijing-based fashion and luxury retailer, and said it's looking for new opportunities to grow in the “hugely significant” Asian market.
Topshop, Topman said Thursday the ShangPin partnership was terminated early by mutual agreement. ShangPin was Topshop's first Chinese partner, taking the brand into the country in 2014 via ShangPin.com.
“Topshop, Topman and ShangPin have enjoyed a successful working relationship since September 2014,” a Topshop spokesman said. He added that customers can still shop...
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Topshop halts Chinese franchise partnership
10 days ago - By Drapers
Topshop/Topman has terminated its Chinese franchise partnership with Shangpin.
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