But then they started doing a lot of sales, and I guess it devalued the brand and looked a little embarrassing. Going into Topshop now, you see the same stuff you saw there a month ago. They just didn't keep up with the times'.
In case you're wondering if Topshop is still trading, the answer is yes - for now. Administrators Deloitte are currently looking for buyers for all the Arcadia brands, including Topshop. If you've got a customer service query for Topshop, you can email them directly from the website here.
Yes, for now. The impact of the pandemic cuts across generations. While mid-career shop workers are worrying about reinventing themselves, young people are struggling to get a first job.
Isabel Scavetta, aged 23 from Maidenhead, in Berkshire, has seen her expectations about jobs turned upside down. But not necessarily for the worst. Isabel is part of Generation Covid, leaving university last summer. Or maybe it would be fairer to say that university left them, because their student days ended with such abruptness.
She has a degree in European social and political studies from University College London, but with so many graduate schemes closed by the pandemic, her direction "radically changed".
She taught herself coding and began volunteering work for an online project called Class of , which provides free training for young graduates trying to get into work. Her new digital skills have got her a paid internship in artificial intelligence at Rolls Royce, working remotely.
But she is keenly aware of how tough it has become in the quicksand of the current jobs market. Even knowing where to start can be overwhelming, she says, so that it becomes a kind of "decision fatigue that's almost paralysing". Deirdre Hughes, careers consultant and former chair of the National Careers Council, says it can feel very confusing for people looking for advice, particularly if they're shell-shocked as a result of a redundancy.
She argues that there needs to be a public information campaign about where to find job advice - and warns the current system in England is too fragmented and "not good enough".
Tamsin from Topshop, is still trying to readjust to what's happened - and the loss of a job she "really loved". I'm still in shock if I'm honest. I never thought there wouldn't be a Topshop on the High Street," says Tamsin.
I feel like I've been robbed, I had so many big plans. I put everything into that job, I really did. Her colleague Milly Vaja, aged 27, says it is "mind boggling" to see such shops closing, and is still staggered by what has happened during the pandemic. High Street brands, as "unsinkable" as the Titanic, are disappearing. Now Tamsin and Milly are facing tough choices. They say their main source of advice has been other people they've worked with.
Redundancy rates are higher now in the pandemic, according to Office for National Statistics figures, than they were in the economic shockwave that followed the financial crash of Do I stick with what I know?
Tamsin might make a complete change of direction and has thought about retraining as a dog groomer. I haven't been to a careers advice person since I was at school," says Tamsin, who worked her way up to be the store's visual manager. Those pressures have come just as rising labour and product costs, partly fuelled by Brexit and the coronavirus, have coincided with economic and political uncertainty that has dampened consumer confidence.
Retailers with a high street presence want the government to change business rates to even up the tax burden with online players and to adapt more quickly to the rapidly changing market.
Retailers also want more investment in town centres to help them adapt to changing trends, as well as a cut to high parking charges, which they say put off shoppers. Many businesses which deal with complex supply chains also want additional help with the new red tape and import charges imposed after Boris Johnson's Brexit deal saddled them with extra costs. The fund will also pay for the creation of a high street taskforce to provide expertise and hands-on support to local areas.
The Covid crisis had a dramatic impact on spending in Older chains with large store estates which had not invested enough in home delivery and online channels have suffered the most from the swift sea change in shopping habits. Green made his fortune by breaking up Sears, the group which once owned the Freemans catalogue and Miss Selfridge, before buying BHS in Her exit came just as Topshop teamed up with Kate Moss.
Shops earmarked for closure include those belonging to popular high street brands Dorothy Perkins, Burton, Topshop , Topman, Wallis and Evans. After a week delay and five hours of discussion, Arcadia's landlords agreed to rent cuts, 23 store closures and job losses. The company is using Company Voluntary Arrangements CVAs in a bid to save the retail empire - but stakeholders will have to agree on plans first.
Arcadia chief executive Ian Grabiner said: "Against a backdrop of challenging retail headwinds, changing consumer habits and ever-increasing online competition.
0コメント