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Topshop has long been a game changer, allowing anyone and everyone to mix high-street and high-end fashion.
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The retail sector also witnessed losses after high street and online fashion retailer Next's trading update disappointed.
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The impact of all these on fashion trickled down to British High Street and Savile Row clothing alike in the '70s.
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Klein attended a public art high school on 57th Street in New York and then graduated from the Fashion Institute of Technology.
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Steggman tells us over a Margarita pizza and water that a few well-known High Street retailers representing about 120 stores, as well as an Australian fashion retailer with 1, 000 stores are penciled in to join up this year.
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The past month has seen several failures of High Street brands, including furniture chain Habitat, department store TJ Hughes, fashion chain Jane Norman and Moben-owner Homeform.
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Primark has proved one of the UK High Street's unquestioned success stories in recent years, its mixture of low prices and accessible fashion proving a hit with varying age groups.
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