Myer becomes department store partner in Australia for TOPSHOP TOPMAN

Melbourne, Australia, 2015-9-10 — /EPR Retail News/ — Myer CEO and Managing Director Richard Umbers today announced Myer has formed an exclusive partnership with TOPSHOP TOPMAN to become the brand’s department store partner in Australia.

“On the day we unveil our New Myer strategy, I am delighted to announce Myer has entered into an agreement which will bring this iconic British fashion brand to Myer’s customers,” Mr Umbers said.

“Today’s announcement is a powerful validation of Myer’s commitment to delivering inspiring brands and wonderful experiences as we set out to bring the love of shopping to life.”

In forming this partnership, Myer will make a 25% investment in the Australian TOPSHOP TOPMAN franchisee (Austradia Pty Ltd) with its seven existing TOPSHOP TOPMAN Australian stores, and will roll out concessions in more than 20 Myer stores, commencing from November 2015. This investment will enable Myer to share in the success of the future growth of TOPSHOP TOPMAN in Australia

“TOPSHOP TOPMAN is a wanted brand globally and fully aligned with our strategic objective to provide a sharper, more focused offer to our customers. The brand brings to Myer outstanding fashion and cutting-edge design for customers who appreciate up-to-the minute and affordable fashion,” Mr Umbers said.

TOPSHOP and TOPMAN in-store concession spaces will play a key role in giving Myer’s customers a unique shopping experience in Myer stores, similar to that which is already enjoyed by other leading department stores around the world, including Nordstrom and Selfridges.

Hilton Seskin, Chairman of TOPSHOP TOPMAN Australia said, “TOPSHOP and TOPMAN will offer the Myer customer a different experience, delivering fresh new product into store twice a week. TOPSHOP is the only high street fashion brand to show on the official schedule of London Fashion Week, which validates and continually asserts our position as the global fashion authority.

“This is a very exciting time for our company to take this great proposition to Myer’s customers. The Myer partnership brings scale to the business within the Australian market. The international design team from TOPSHOP TOPMAN UK ensures seasonally relevant, constantly updated product that reflects the local market’s demand for global trends direct from the runway.

About Austradia Pty Ltd
Austradia is the exclusive franchisee of TOPSHOP TOPMAN in Australia, founded by successful retailer and Rebel Sport founder, Hilton Seskin. Austradia currently operates seven standalone stores in Australia, three in Melbourne, two in Sydney and one in each of Brisbane and Perth, which have driven 35% per annum growth over the past two years.

About Arcadia Group Limited
Arcadia Group is a leading British retailing company which owns a number of globally recognised fashion brands including TOPSHOP TOPMAN, Dorothy Perkins, Miss Selfridge, Outfit and Wallis and is owned by Sir Philip Green and associates.

Flagstaff Partners and King & Wood Mallesons acted as financial and legal advisers to Myer.

For further information please contact:
Rhys Ryan, Interim General Manager Corporate Affairs and Media, +61 (0) 427 227 719
Mel Ward, Corporate Affairs Manager, +61 (3) 8667 7596 or +61 (0) 438 101 078
Adriana Glass, EVHPR for TOPSHOP TOPMAN, +61 2 9358 0600 or + 61 (0) 404 642 927

New Antony Price Spring / Summer Collection By Topman

Topman, the U.K’s leading men’s clothing retailer has announced that following the success of his first Autumn/Winter collection for Topman, Antony Price has designed his second exclusive ‘Priceless’ range for Spring/Summer 2009.

This season the new Antony Price collection is split into two clear themes: the first has a colour palette of pastel shades and contains references to Antony’s renowned work with Duran Duran in their ‘Rio’ period whilst the second comprises much darker and sinister tones and draws comparison to the Roxy Music period of elegance and sharp tailoring.

Harking back to the outfits Antony designed for the likes of David Bowie, Steve Strange and Duran Duran, the new collection contains a range of crinkled three piece ‘Smoothie’ suits which are available in pale cherry, ice grey and peach. These have been perfectly twinned with tonal pleated short sleeve shirts and silk ties to complete this crisp energetic summer style. Separate lightweight chintz cotton suits with triple tape highlights further add to the vibrant pastel shadings exhibited through the collection and help evoke Antony’s love of the tropics.

In direct contrast to this, a darker element to the collection is seen through the introduction of a black, high gloss coated swimming suit mimicking Bryan Ferry’s style in the early 80’s. This feel is further augmented by two slim fit suits in both electric green and vivid purple. These both retain the hallmark Antony Price glam lounge lizard look through the use of yarn-dyed taffeta to create a sharp classic almost shiny effect on the surface.

The new range is completed with the introduction of leisurewear available in Antony’s original ‘capped sleeve’ fit. His ‘butch lace’ design in purple and grey perfectly captures the party feel to the collection whilst his illustration of a woman smoking a cigarette harks back to his first Camden Palace shows.

About Topman:
Topman offers the latest in mens fashion, encompassing a range of styles to suit every shopper. Topman’s extensive collection embraces everything from the latest fashion trends to classic pieces, and extends to mens shoes, accessories and formal wear. Topman also provide the simplest way to search for and buy mens clothes, placing it among the leading fashion retailers in the UK market today.

Via EPR Network
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Topman Has Been Announced Amongst The Shortlist For E-Retailer Of The Year 2009

With the internet presenting the fastest growing route to market for retailers and brands, the competition to be the best is extremely strong. This makes being nominated on the shortlist for E-Retailer of the Year at the 2009 World Retail Awards, an immensely sought after accolade.

Topman’s Head of Ecommerce, Gracia Amico, said the nomination was testament to a lot of hard work in the last twelve months: “It’s been a great year for Topman, from launching our new website last year, opening our online store for US customers and achieving record sales over Christmas, this award nomination is great recognition to all the team.”

These awards recognise the retailer who can best show how they have succeeded in changing their business to perform on a multi-channel platform and who has managed to deliver increasing levels of profitable business transactions online.

The internet poses huge challenges to retailers who have previously only operated from physical stores or a catalogue, requiring them to adapt and embrace multiple new channels. This has lead to a revolution of the retail industry in terms of pricing, internationalisation, logistics, operations, marketing and branding.

For this year’s award, Topman is competing against some very strong nominations, which includes Tesco, the winner of the award in 2008, and two other British retailers – New Look and mydeco.com. Completing the shortlist are Italy’s Yoox Group and Zappos.com from the US.

The winner will be announced on 7th May, at a prestigious gala awards ceremony to be held during the World Retail Congress in Barcelona.

The shortlist for the awards were all reviewed by panels of specialist, expert judges who were chosen for their knowledge and understanding of the types of retail related to each award category. The shortlisted finalists will now go forward to the final judging process overseen by the Grand Jury who will meet in Barcelona immediately before the opening of the World Retail Congress.

About Topman:
Topman offers the latest in mens fashion, encompassing mens shorts, mens t-shirts and a range of styles to suit every shopper. Topman’s extensive collection embraces everything from the latest fashion trends to classic pieces, and extends to mens shoes, accessories, mens underwear and formal wear. Topman also provide the simplest way to search for and buy mens clothing, placing it among the leading fashion retailers in the UK market today.

Via EPR Network
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Burton announce VAT price reductions will be passed on to all customers from the 1st December

Following The Chancellor of the Exchequer Alistair Darling’s decision to cut Value Added Tax (VAT) from 17.5 per cent to 15 per cent, Sir Philip Green’s Arcadia Group has released a statement on behalf of a group of the high street’s most powerful retailers, confirming they will pass the full VAT cut onto their customers.

The change in the VAT rate will mean huge changes for all the shops in the Arcadia group, as all shelving and register prices will need to be updated. However, Burton, Arcadia, Mosaic Fashions, Bhs, Marks & Spencer, New Look and Next all confirmed in the statement they planned to pass the 2.5% VAT cut on to customers on Monday, or soon afterwards.

The group of retailers covers some of the biggest names on the high street, including; Topshop, Topman, Wallis, Dorothy Perkins, Miss Selfridge, Evans, Burton, Bhs, Oasis, Coast, Karen Millen, Warehouse, Principles, Shoe Studio Group, Jane Norman, New Look and Next fascias.

The statement by Sir Philip said: “Following the recent announcement reducing VAT from 17.5% to 15%, equating to a price reduction of 2.13%, we are pleased to confirm that it is our intention to pass the benefit of this reduction onto our customers.”

The price reduction will be given on standard rated product and will be applied on, or as soon after Monday December 1 as possible.

The statement added that this would, “allow for the complexities of implementing the changes required.”

It is unclear how the price cuts will be implemented, however many retailers are expected to take off the discount at the till point rather than by re-ticketing stock.

For Burton, all mens clothing, mens suits and mens accessories will be adjusted at point of purchase as of 1st December 2008.

About Burton
Burton has a long history in men’s clothing and fashion, having been founded in 1903 by Montague Burton in Chesterfield. Burton now has over 400 outlets all over the UK and Ireland making it one of the country’s largest sellers of casual and formal menswear, including mens shirts, jeans, jackets, knitwear, shorts, shoes, underwear and accessories.

Customers can also shop online from the Burton.co.uk website which offers free returns in-store or by post and fast delivery to their home.

Via EPR Network
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