Topshop Financial Statistics 2014-2017

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From 2014 to 2017 Topshop saw a huge decline in revenue and profit suggesting that Topshop has been a poor performing brand for a number of years. 

In 2014 the brands revenue started off at £999.3m, but by 2017 it had decreased to £933.6m suggesting that the brand is struggling to sell the same number of products they had previously been selling. This linked with the fact that the amount Topshop is spending on products has increased from £781.3m in 2014 to £821.1m in 2017 which could be a contributing factor to why the amount of revenue they have made in recent years has declined. 

The gross profit margin has declined by 10% in 3 years due to a number of different factors. Some of these factors include the rise in online retailers who make cheaper and more affordable versions of the same products, the growth in knowledge of fast fashion making consumers become more conscious of what they buy and how it can have an impact on the environment as well as the recent bad publicity the brand has been getting in the form of CEO Sir Phillip Green and the sexual and racial harassment claims. 


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