Topshop (originally Top Shop) is a British multinational fashion retailer of clothing, shoes, make-up and accessories. It has around 500 shops worldwide – of which some 300 are in the UK – plus online operations in a number of its markets. Its current CEO is Ian Grabiner, and it is part of the Arcadia Group, which is controlled by Sir Philip Green.
Topshop has around 510 shops including those that are franchised; over 300 shops are located in the UK. It operates across 37 countries and via online operations in a number of markets.
In December 2012, Philip Green sold a 25% stake in Topshop and Topman to the US-based private equity group Leonard Green and Partners for US$805 million. Under the terms of the deal, Arcadia retained Topshop’s flagship Oxford Street shop (said to be worth between £400 and £500 million).
Green said that the deal would enable Topshop to speed up its expansion, particularly within the US.