Where did it all go wrong for Topshop?

Inside Business with Ciaran Hancock

Arcadia Group, the retail empire belonging to British businessman Philip Green, has gone into administration. The news this week, puts over 13,000 jobs at risk and a question mark over the future of the company's fashion brands including Topshop, Topman and Dorothy Perkins.In today’s episode, Laura Slattery is joined by Dubliner Jo Farrelly, former Marketing Director of TopShop, to speak about the history of the iconic clothing store, the famous takeover by the billionaire in 2002 and her eventual departure from the company in 2007, alongside other senior members of management. Farrelly worked closely with Topshop director Jane Shepherdson to develop the strategy and vision of the brand, turning the once nicknamed ‘Flopshop’ into the coolest store on the high street. Also in today’s episode, Laura speaks to personal finance journalist Fiona Reddan about the record surge in mortgage approvals in October. With a 23% increase year on year, what does this mean for the market and is it really a good time to buy?

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