Lane Crawford Lane Crawford subsidiary LAB Concept and Topshop announced today that they will open their first store in Hong Kong next May. The store is located in the Asia Standard Tower, Queenâ€™s Road Central. It covers a total area of â€‹â€‹12,000 square feet on two floors and 1,115 square meters.
The news from the Arcadia Group, a group owned by the Topshop brand, sold a 25% stake for 350 million pounds to Leonard Green & Partners, a private equity fund, for only one week.
Philip Green said that LAB Concept's retail experience in the Chinese market is very important, which is an exciting step for Topshop's global growth.
Andrew Keith, president of Lane Crawford Lane Crawford, said: "We are very minded to be able to bring Topshop to the Hong Kong market with the complete retail concept together with Sir Philip Green and his extraordinary team as the Greater China fashion market thrives."
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