What could be better than reviving Boohoo? Bring back Topshop instead!
The IndependentThe best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy After months of turbulence, chest-puffing, talks of ludicrous £1m bonuses and closed-door meetings, Mike Ashley, the billionaire retail tycoon everyone loves to hate, has put himself forward to take over as CEO of the floundering fast-fashion retailer Boohoo. I understand that, for many, the appeal of shopping at Boohoo is the price tag – but there’s a clear reason for it being so cheap. It seems to me that this business model also preys on vulnerable people – especially since the introduction of “buy now, pay later” finance schemes, such as Klarna. Rather than Mike Ashley injecting his considerable cash, time and energy into brands like Boohoo, could he not bring back a high-street brand once beloved and cherished by us Brits – Topshop?
History of this topic
Could Topshop return to the high street?
Daily Mail
Frasers Group increases stake in Boohoo to 9.1%
The Independent
BooHoo has reasons to be cheerful – but Asos is on track for the top prize
The Independent
UK retailing shifts further online as Boohoo buys Debenhams
The Independent
Boohoo purchases Oasis and Warehouse for £5.25m
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