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UK online fashion retailer ASOS buys Topshop, Topman, Miss Selfridge with retail collapse – NEWS.com.au

UK online fashion retailer ASOS buys Topshop, Topman, Miss Selfridge with retail collapse

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Popular British online fashion retailer ASOS has made a £295 million ($A529 million) move with the purchase of Topshop and its sister brands including Topman and Miss Selfridge.The deal announced on Monday includes £265 million ($A475 million) for the sale of the brands and £30 million ($A54 million) for back-ordered stock.
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The retailer is buying the Topshop, Topman, Miss Selfridge and HIIT brands but not the retail stores, meaning thousands of…

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