You probably won’t see Kate Moss gossiping with a Spice Girl or two by the changing rooms, but for anyone nostalgic for the 1990s, there will be at least one treat to look forward to. Topshop is back. There is just one catch. Sure, it might be able to carve out a niche for itself. But in the face of a blizzard of tax rises, it can’t save the high street.

It is not exactly a return to the glory days, when its stores dominated every high street and suburban mall, but from this weekend you will be able to buy Topshop- and Topman-labelled clothes from a concession at the West End department store Liberty. A full-scale return to bricks-and-mortar stores is being hinted at by the chain, now owned by the online retailer Asos, and the Danish retailer Heartland. It is not completely alone. Uniqlo

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