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Asos has bought Topshop
retailgazette.co.uk
- Affordable online retailer Asos has bought Topshop in a deal thought to be worth about £295 million. The website has acquired the stock and brands of Topshop, Topman and Miss Selfridge, but it will not be taking on the stores.
www.harpersbazaar.com/uk/fashion/fashion-news/a35378727/asos-topshop-buy/
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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. Asos is also not...
- Jonathan Eley
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.
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.
Feb 1, 2021 · The shareholders behind fashion retailer as it buys Topshop - including Anders Holch Povlsen. The company's biggest shareholder, Danish billionaire Holch Povlsen, owns land in Scotland. By Jenna...
- Jenna Macfarlane
In February 2021, ASOS acquired the TOPSHOP and TOPMAN brands, beginning a journey that saw TOPSHOP and TOPMAN evolve into digital-first businesses and align with ASOS' ethos and values. TOPSHOP and TOPMAN will now also retail in 106 Nordstrom stores in North America and become a central part of ASOS’ international growth strategy.
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 · Fashion News. Asos has bought Topshop. The online retailer now owns Topshop, Topman and Miss Selfridge after the high-street store went into administration. By Amy de Klerk Published: 01 February...
