UK: Topshop to expand South American presence
UK clothing retailer Topshop is to open stores in Brazil and Chile as part of its expansion into the South American retail market.
The retail chain, part of Sir Philip Green's Arcadia Group empire, is to launch standalone shops through agreements with franchise partners in both countries.
Two initial Topshop stores will be opened in Brazil by September 2011. The retailer also wants to extend its department stores tie-up with Chilean partner Cencosud into standalone stores.
A Topshop spokesperson told just-style: "We have got nine stores in department stores at the moment [in Chile], and are looking at stores to develop further next year."
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