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TOPSHOP (originally Top Shop) is a British fast-fashion company, which specialises in women's clothing, shoes and accessories. It was part of the Arcadia Group , controlled by Sir Philip Green , but went into administration in late 2020 before being purchased by ASOS on 1 February 2021.
Nov 30, 2020 · Along with his wife, Sir Philip Green bought the Arcadia group - and all the shops it owned by then - in 2002 for £850 million. His high profile collaborations made the brand more popular,...
Feb 2, 2021 · It reports ASOS owner, Anders Holch Povlsen, has completed the transaction in a deal worth around £330 million. The three leading Arcadia brands will sit nicely in Povlsen’s Bestseller portfolio (which includes ASOS, Jack & Jones and Vera Moda) appealing to their core customer base of 20-somethings in the UK.
Feb 1, 2021 · ASOS is owned by Danish billionaire Anders Holch Povlsen who, according to Forbes, has a staggering net worth of of $12.2billion. Despite being the largest individual private landowner in the UK, he also owns Bestseller which includes ASOS, Jack&Jones and Vera Moda.
Feb 1, 2021 · The Topshop Oxford Street building is owned by an Arcadia subsidiary and has been pledged as security to the group’s pension scheme. It is at present being marketed for sale.
- Jonathan Eley
Feb 1, 2021 · Asos has acquired Topshop and other three Arcadia Group brands for £330 million, in a deal that does not include the brands’ stores and places 2500 jobs at risk. The online fashion retailer has...
Oct 30, 2023 · New found friend of Shein, Ted Baker, owner of Authentic Brands Group, has also been named as a potential buyer of Topshop following a failed attempt to buy the business in 2020.
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