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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.
The online giant has bought the inventory and intellection property of Topshop, Topman, HIIT Brands and Miss Selfridge — but not the physical stores. Asos Seals 330 Million Pound Topshop Deal ...
Arcadia Group Ltd (formerly Arcadia Group plc and, until 1998, [1] Burton Group plc) was a British multinational retailing company headquartered in London, England.It was best known for being the previous parent company of British Home Stores (BHS), Burton, Dorothy Perkins, Debenhams, Evans, Miss Selfridge, Topman, Topshop, Wallis and Warehouse.
ASOS will keep 300 employees on as part of the deal but will not keep any of the brands' 70 stores, putting 2,500 jobs at risk. [ 8 ] [ 9 ] They plan to relaunch in May 2021. On the 5 September 2024, ASOS announced that it sold a 75% stake of Topshop & Topman to the Danish company Bestseller.
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.
Anders Holch Povlsen (born 4 November 1972) [1] is a Danish billionaire, CEO and sole owner of the international retail clothing chain Bestseller (which includes Vero Moda and Jack & Jones), a company founded by his parents.
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 ...