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ASOS plc (/ ˈ eɪ s ɒ s / AY-soss) [4] is a British online fast-fashion and cosmetic retailer. The company was founded in 2000 in London, primarily aimed at young adults. [5] The website sells over 850 brands as well as its own range of clothing and accessories, and ships to all 196 countries from fulfilment centres in the United Kingdom, the United States, and Europe.
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.
On 1 February 2021, ASOS announced it had acquired the Topshop, Topman, Miss Selfridge and HIIT brands out of administration for £265 million, paying an additional £65 million for current and pre-ordered stock. ASOS will keep 300 employees on as part of the deal but will not keep any of the brand's 70 stores, putting 2,500 jobs at risk.
He is the largest shareholder in the British internet fashion retailer ASOS and second-largest in German internet clothing retailer Zalando. He is also the largest individual private landowner in the UK. [2] As of September 2022, Povlsen was listed as the richest Dane with a net worth estimated at US$11.3 billion. [3]
Nicholas John Robertson (born November 1967) [1] is a British businessman, the co-founder of ASOS.com, an online fashion and beauty retailer, and its CEO from 2000 to 2015. Robertson, along with his brother Nigel Robertson the founder of FreePages, was educated at Canford School , Dorset.
In the UK, Arcadia Group went into administration at 8pm GMT on 30 November 2020. [ 5 ] [ 6 ] On 25 January 2021, ASOS said it was in "exclusive" talks to buy Arcadia's Topshop, Topman, Miss Selfridge and HIIT brands out of administration, though it only wanted the brands, not the shops.
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