Topshop Plans Comeback on Iconic Oxford Street After Administration
Fashion giant that plunged into administration set for comeback on iconic UK street

Image: Express
Topshop, a well-known fashion brand that entered administration in 2020, is set to reopen a standalone store on Oxford Street in London. The retailer, now owned by Asos, aims to establish its presence on the high street again, with plans for additional locations across the UK within the next year.
- 01Topshop's flagship store on Oxford Street closed in January 2021 after the brand went into administration.
- 02The brand is currently available at 32 John Lewis department stores, offering over 130 popular items.
- 03Managing director Michelle Wilson confirmed plans for standalone stores, emphasizing the need to re-establish physical locations.
- 04Topshop previously had 300 stores across the UK, with its flagship store opening in 1994.
- 05The new Oxford Street store could open within the next 12 months.
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Topshop, the iconic British fashion retailer, is planning a significant return to the high street after falling into administration in 2020. The brand, which was acquired by Asos following the collapse of its parent company, Arcadia Group, is targeting a new standalone store on Oxford Street in London. This location is particularly significant as it was home to Topshop's flagship store, which closed in January 2021. Reports indicate that the company is actively seeking the right site for its comeback, with the potential for the store to open within the next 12 months. Currently, Topshop items are available at 32 John Lewis department stores across the UK, featuring a selection of over 130 popular products, including footwear and signature denim. Michelle Wilson, the managing director, has expressed a strong desire to reintroduce standalone stores, stating that this is a priority for the brand's future. Topshop once boasted around 300 locations in the UK, highlighting the scale of its previous operations and the significance of its planned revival.
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The reopening of Topshop on Oxford Street could revitalize the local retail environment, attracting shoppers and boosting foot traffic.
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