Topshop - Fashion Company Profile
Topshop is the London high-street fashion brand begun in 1964 - Arcadia's flagship in its empire years, an ASOS brand after the 2021 administration sale, and since 2024 a Heartland (Bestseller) joint venture that has put it back on the high street.
Company Snapshot
- Status
- Operating - relaunched as a standalone brand: topshop.com returned in 2025 and Topshop re-entered physical stores in February 2026 inside 32 John Lewis stores in the U.K.
- Type
- Private - a joint venture owned by Heartland (Bestseller group) 75 percent and ASOS 25 percent since September 2024; ASOS acquired the brand from Arcadia in 2021
- Headquarters
- London, England, United Kingdom
- Founded
- 1964, as Peter Robinson's Topshop in Sheffield; a standalone chain by the 1970s; Oxford Circus flagship opened 1994
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Company Profile
The Topshop a shopper meets now is the relaunched one: a standalone website again since 2025, physical corners inside John Lewis stores since February 2026, and the Jamie and Joni jeans still in the range - with Topshop product also carried by the marketplaces in the shop box above. The 300-store Arcadia estate in the record below belongs to the brand's history; the snapshot above describes its current, smaller footprint.
The record keeps the brand's fashion-system credentials in detail: the 2002 partnership with NEWGEN, fostering new design talent on a global platform; Topshop Unique showing on schedule at London Fashion Week - the only high street brand to do so - and its charity and sponsorship work. It also records the deal that began the brand's long transition: in December 2012, Philip Green's Arcadia sold a 25 percent stake in Topshop and Topman to the U.S. private equity group Leonard Green & Partners for US$805 million, with Arcadia retaining the Oxford Street flagship, to speed expansion particularly within the U.S.
Arcadia, ASOS and the Bestseller Relaunch: 2019-2026
Arcadia collapsed into administration in November 2020, and in February 2021 ASOS acquired the Topshop, Topman, Miss Selfridge and HIIT brands for £265 million - brands only, no stores; the Oxford Street flagship closed, and Topshop lived on inside ASOS.com. In September 2024 ASOS sold a 75 percent stake in Topshop and Topman to Heartland, the holding company of Denmark's Bestseller group, for £135 million, keeping 25 percent and design and distribution rights.
The joint venture has brought the brand back into the physical world: a relaunched standalone Topshop.com in 2025, and in February 2026 a return to the high street inside 32 John Lewis stores across the U.K. The Jamie and Joni jeans survived every ownership change; the profile above, with its 300-store Arcadia estate, is kept as the record of the empire phase - the snapshot at the top of this page describes the smaller, relaunched brand of today.
Common Questions
Who owns Topshop now?
A joint venture between Heartland, the Bestseller group's holding company (75 percent, acquired September 2024 for £135 million), and ASOS (25 percent). ASOS had bought the brand out of the Arcadia administration in 2021 for £265 million.
When did Topshop begin?
In 1964, as Peter Robinson's Topshop inside the Sheffield branch of Peter Robinson. It became a standalone chain in the 1970s and opened its famous Oxford Circus flagship at 214 Oxford Street in 1994.
Can you still shop at Topshop in a store?
Again, yes in the U.K.: after the Arcadia collapse closed all its stores in 2021, Topshop returned to physical retail in February 2026 inside 32 John Lewis stores, alongside its relaunched standalone website.
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