By  on March 21, 2014

Britain's Arcadia Group Ltd., owner of chains such as Topshop, Miss Selfridge and Dorothy Perkins, will spend 50 million pounds, or more than $83 million at current exchange, on new technology through 2017 to support its accelerating international and omnichannel expansion.

The tech program, expected to be disclosed today, is in large part to develop global inventory and warehouse systems, boost speed-to-market capabilities, merchandise and meet consumer demand better and localize assortments with enhanced product information, WWD has learned.

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