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Topshop

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Photo: Wikimedia Commons/Mtaylor848
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Topshop enjoyed a red carpet welcome when the British fashion chain opened in New York in 2009. Stars such as Jay-Z and supermodel Kate Moss endorsed the chain and helped to drum up business during its formative years.

Sadly, Topshop can no longer stay on top of changing fashion trends and financial demands; it is closing most of its American stores and focusing on its efforts to regroup in the middle of bankruptcy.

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