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Topshop Topman end franchise agreement with China's Shangpin

Sir Philip Green’s Arcadia, the parent company of Topshop and Topman has terminated its franchise agreement with its Chinese partner Shangpin. A spokesperson at Topshop Topman said in a statement: “The British fashion brands and Chinese franchise partner, Shangpin, have reached a mutual agreement to an early termination. Topshop Topman and...

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