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Topshop; Company type: Subsidiary: Industry: Retail Fashion: Predecessor: Peter Robinson's Top Shop Top Shop: Founded: 1964; 60 years ago () Fate: Chapter 15 bankruptcy (United States stores liquidated) Acquired by ASOS on 1 February 2021, but converted to online-only store: Headquarters: London, England, 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 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.
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 13, 2021 · Sir Philip Green’s fashion empire Arcadia is no more, with its famous brands, including Topshop, carved up by online retailers leaving behind a ghost chain of 500 shops. The sale to...
Nov 30, 2020 · 30 November 2020. Getty Images. Sir Philip Green and Jane Shepherdson, former director of Topshop, pictured in 2006. Sir Philip Green's failure to invest in his retail empire...
Nov 22, 2020 · 21 November 2020. By Vivienne Nunis,Business reporter, BBC News. Getty Images. Topshop's owner Arcadia Group is reportedly in talks to secure millions of pounds in emergency funding. The retail...