Topshop Store card Plevin PPI COMMISSION ClAIm

About Topshop

Topshop is a British multinational fashion retailer, with 500 shops worldwide. It is a part of the Arcadia Group, controlled by Sir Philip Green.

Topshop started as a brand extension of the department store Peter Robinson in the 1960s and originally sold fashion by young British designers, such as Mary Quant and Stirling Cooper. Peter Robinson was a women's fashion chain that had been acquired by Burton in 1946. Topshop was founded in 1964 as Peter Robinson's Top Shop, a youth brand within the Sheffield branch and also had a large department in the Oxford Street shop. This was high fashion for the "young and different generation" as The Times put it in 1965, and the department stocked garments by names such as Mary Quant and Gerald McCann. By 1966, it had a branch in the Peter Robinson store in Norwich.

Topshop Flagship Stores

• • Oxford Circus, London – The flagship Topshop shop in the UK was 90,000 square feet (8,400 m2), covered five floors and attracted an average of 28,000 customers each day.In May 2019, Arcadia Group confirmed it planned to close multiple stores, including Topshop's flagship store on London's Oxford Street.
  • Fifth Avenue, New York City – The Topshop shop, which opened in November 2014, was located opposite Saks Fifth Avenue and comprised 40,000 square feet (3,700 m2) of retail space.
  • Liverpool One, Liverpool – In 2009, Topshop opened its first Manhattan-style concept shop in the UK at Liverpool One. The site provides 60,000 square feet (5,600 m2) of retail area and includes a Topman, hair salon and two shoe shops alongside the Topshop branch.
  • Briggate, Leeds – In 2012, a 31,000 square feet (2,900 m2) shop on Briggate opened, becoming the third-largest Topshop in the UK. It is part of the Trinity Leeds shopping development.
  • Victoria Square, Belfast – In 2008 Topshop Victoria Square, Belfast opened its doors as one of the largest shops in the new shopping centre development at 40,000 square feet (3,700 m2); the largest Topshop in Northern Ireland.

On 1 February 2021, ASOS announced it had acquired the Topshop, Topman, Miss Selfridge and HIIT brands out of administration for £265 million, paying an additional £65 million for current and pre-ordered stock. ASOS will keep 300 employees on as part of the deal but will not keep any of the brand's stores, putting 2,500 jobs at risk. In July 2021, it was announced that Nordstrom had acquired an unspecified minority stake in the Topshop Topman, Miss Selfridge and HIIT businesses from ASOS, with the intention of selling the brands online and instore across North America

Topshop was one of the main operators of store cards and you could be entitled to compensation if you took out one of their cards which had PPI attached to it.

PPI were often added on store cards and with the average commission charged at 67%, you may also have been charged a high level of commission on your PPI premium(s). If this wasn't disclosed you could be entitled to make a claim for compensation under a ruling known as the 'Plevin' ruling as this constitutes an unfair relationship. However before making any claim for commission, it is important to find out the level of commission you were charged on your PPI policy premium(s).

Had PPI with your Topshop Store Card?

A recent ruling means simply being sold payment protection insurance (PPI) means you're potentially a victim of a different category of mis-selling. Although the PPI deadline has now passed you can still claim back PPI commission from Topshop.

Topshop was one of many retailers who operated store cards. If you took out a Topshop store card between 1990's and 2010 you could be owed money from them. Store cards were a type of credit card where you can use them to make purchases in store and pay for them later.

Topshop store cards were sold as a convenient line of credit for customers who could not or did not want to pay in full in one transaction. Generally, retail stores made a profit on shoppers who failed to pay off the balance on the card each month, when outstanding balances would attract interest charges of up to 30%.

Topshop shoppers who signed up to a store card may have also had a payment protection insurance (PPI) policy attached to it.

With the Plevin ruling and subsequent landmark court cases that have come to light, thousands of people who initially thought they were not eligible to claim may now be eligible to make a claim. This is why many Topshop customers are checking their store card accounts to find out if they had PPI and whether they could be eligible to make to commission claim under the Plevin ruling.

If your Topshop store card had a PPI policy and they took a high-level of commission from your store card PPI premiums without disclosing this to you. Then under the Plevin ruling this is deemed to be an unfair relationship and you automatically become eligible to claim back a PPI commission refund.

Our Plevin Claims Process