Cape Town - Edcon, together with House of Busby has been granted the South African franchise rights for Topshop and Topman, the UK-based retail chain, businesslive
reported on Monday.
Topshop and Topman, part of the Arcadia Group and wholly owned by multi-billionaire businessman Sir Philip Green, operate in over 750 stores worldwide.
Rollout in South Africa will initially be through stand-alone stores, with the first Topshop and Topman being launched through a 950m² flagship store in Sandton City by the end of November.
A second store has also been confirmed to open in the Gateway shopping centre in KZN before the end of the year, according to the report.
Future store rollouts will see additional stand-alone stores in major retailing centres across the country, complemented by shop-in-shops exclusively within key Edgars stores.
“We are very pleased to be able to bring the iconic Topshop and Topman brands to the South African consumer. The agreement leverages the strengths of our two organisations and is an exciting development in fashion retail,”
Jürgen Schreiber, Edcon CEO and Veronique Shera, MD Busby Retail said.
Sir Philip said the move represents another step in "our continued international growth, and I am confident that the South African customers will enjoy the retail experience and fantastic product offer that both our brands will deliver for them".