Topshop Hits Fifth Avenue

Topshop is opening a store on one of the world's most famous retail streets, Fifth Avenue - but it still won't beat London's Oxford Street megalith for sheer square footage.

The 40,000 sq-foot Manhattan space - the brand's second biggest flagship, despite being less than have the size of the 90,000 sq-foot central London hub - is situated adjacent to the famous Rockefeller Centre, and will carry both the Topshop and Topman brands.

Topshop Goes NYC

"In addition to our flagship stores expansion, we are continually developing our topshop.com and topman.com $ sites, and our on-going partnership with Nordstrom continues to develop," Sir Phillip Green said. "I am very excited about Fifth Avenue, having looked for a location there for many years, and I believe this corner is both hugely prominent and perfectly located for our brands. I am also delighted to be entering new markets for the first time in the other great cities."

The new Manhattan flagship joins another Topshop standalone in the Big Apple, situated in downtown NY, on Broadway. Arcadia opened 80 key sites for the two brands during the past 12 months, and will open 15 more stores in eight countries - including Russia, Turkey and Vietnam - over the next year.