Wednesday 1 August 2012

TOPSHOP IN SA


TOPSHOP, the famous and fabulous high street British retail store is opening in SA in November. YaY! 

EDCON together with House of Busby has been granted the South African franchise rights for TOPSHOP and TOPMAM.

So what does this mean for the local fashion industry? The rules of demand and supply should apply. The greater variety and supply in the market will push the prices down. . more retailers will competing for the same market.  
This is of course good news for the consumer but questions must be asked about how this will affect local production.

Unfortunately whilst I can now buy Zara and TOPSHOP locally at somewhat reasonable prices, the local producers of fashion who can't afford to lower their prices and still make a profit may suffer. .
On the bright side; soon we can dress like the Duchess of Cambridge who has been spotted many times rocking TOPSHOP. YAY again!

No comments:

Post a Comment

Thank you for stopping by. All your comments are welcome and appreciated. Leave a link to your blog or website and I'll be sure to visit.
Laters.

Related Posts Plugin for WordPress, Blogger...