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UK: Asos Acquires Arcadia's Topshop, Topman, Miss Selfridge for $363 Million
February 2nd, 2021 - 09:00 GMT

UK: Asos Acquires Arcadia's Topshop, Topman, Miss Selfridge for $363 Million

Online fashion seller Asos says it has bought Topshop , which once boasted designs by Kate Moss and Beyonce, along with three other brands for 265 million pounds ($363 million) as rivals scoop up bargains after the collapse of Britain’s Arcadia retail group , the Associated Press (AP) reported. The deal, announced Monday, puts thousands of jobs at risk because Asos acquired the Topshop, Topman, Miss Selfridge’s and HIIT brands ...
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