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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.
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.
LONDON — Can Topshop and its sister brands ever return to their trendsetting glory days with Asos now at the helm? Asos won the bidding race for Topshop, Topman, Miss Selfridge and HIIT, the ...
On the 5 September 2024, ASOS announced that it sold a 75% stake of Topshop & Topman to the Danish company Bestseller. It was announced that the Topshop & Topman websites would relaunch within 6 months of the deal with Bestseller, as well it was hinted that the brands could return to the high street with stores, the chief executive of ASOS ...
On 1 February 2021, ASOS announced it had acquired the Topshop, Topman and Miss Selfridge brands out of administration for £265 million, paying an additional £65 million for current and pre-ordered stock. ASOS kept 300 employees on as part of the deal but didn't keep any of the brand's 70 stores, putting 2,500 jobs at risk. [51] [52]
After high street sales fell in 2020 due to the COVID-19 pandemic, Arcadia entered administration and ASOS acquired the Topshop, Topman and Miss Selfridge brands in 2021. [4] Green was made a Knight Bachelor in the 2006 Birthday Honours. He has been called the "King of the High Street" but has been involved in a number of controversies during ...
The deal with Nordstrom is the first time Topshop fashion will be available in a physical store since it went bust last year. Asos launches joint venture to sell Topshop clothes in US stores Skip ...
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]
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