ASOS Bought Topshop. What This Means For The Fashion Brand.

On Monday, fashion retailer ASOS confirmed rumours that it would, in fact, be purchasing Arcadia Group’s brand lineup, including millennial fashion favourite Topshop, as well as Topman, Miss Selfridge, and HIIT. “Topshop & Topman are now part of the ASOS family,” the UK-based fast-fashion brand wrote in a tweet early on Monday morning. “We can’t wait to bring these iconic British brands into a new era.” 



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According to a release obtained by Refinery29, the acquisition cost ASOS £265 million with an additional £30 million paid for Arcadia Group’s stocks. Not included in the deal are

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Best offers on clothing from Nike, Asos, H&M and more

From Nike to Whistles, these are the high street discounts you need to know about: The Independent
From Nike to Whistles, these are the high street discounts you need to know about: The Independent

The coronavirus pandemic has meant all non-essential businesses were closed when lockdown was announced on 23 March.

It’s had a detrimental impact on fashion shops across the UK. B2B magazine, Drapers reported in-store sales have dropped 84 per cent compared to 2019, and – despite online grocery sales surging – for the rest of the retail landscape things also look bleak.

Debenhams is closing five more stores across the UK, while Oasis and Warehouse have both permenantly closed after administraitors failed to

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