10/19/2008 05:12 am ET | Updated May 25, 2011

Topshop Delays American Opening, Owner Calls It A "Nightmare"

Topshop is now going to love New York in the springtime.

The British fast-fashion retailer, which originally planned to open a 40,000-square-foot flagship in SoHo this fall, has postponed its entrance into the U.S. market until March because of construction delays at the store, located at 478 Broadway.

"This has been a logistical nightmare," Sir Philip Green, Topshop's owner, said bluntly. "America is a new territory for us and we have to get it exactly right. This store can't be a nine out of 10 when it opens; it has to be a 10 out of 10. So we're delaying the opening until around mid-March.

Kepp reading the password-protected story.