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Topshop On The Block: Meet The Runners And Riders… - City A.M.

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Oct 30, 2023 · Asos bought Topshop and a number of its sister brands such as Topman and Miss Selfridges for £265m back in 2021 after Arcadia plunged into administration.

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Will Topshop change hands again?

Once the crown jewel of Britain’s high street, Topshop is poised to change hands again… Asos is set to sell Topshop less than three years after it acquired the brand from Phillip Green’s collapsed Arcadia empire, in the latest scramble from the ailing online fashion retailer to shore up extra funds. ...

Could Topshop be sold?

Online fashion specialist Asos is examining the possible sale of the Topshop brand, which it bought three years ago, as boss José Antonio Ramos Calamonte seeks to turn around the core business. Fashion retailer Zara has snapped up the former Topshop premises at the Trinity Leeds shopping centre for its newest flagship, Retail Week can reveal. ...

Did ASOS buy Topshop?

City A.M. has contacted all mentioned parties for comment. Asos bought Topshop and a number of its sister brands such as Topman and Miss Selfridges for £265m back in 2021 after Arcadia plunged into administration. ...

Who are Topshop's potential suitors?

Over the last week, a number of high-profile brands have been named as possible suitors for Topshop, the most obvious being Mike Ashley’s Frasers Group due to its reputation for snapping up distressed businesses. The Sports Direct owner has been topping up its stake in Asos over the past few months, with it now sitting at over 10 per cent. ...

Will Shein buy Topshop?

Fast-fashion giant Shein has formally registered its interest in bidding for the Topshop brand. Online fashion specialist Asos is examining the possible sale of the Topshop brand, which it bought three years ago, as boss José Antonio Ramos Calamonte seeks to turn around the core business. ...

Who owns the Sun newspaper?

The owner of the Sun newspaper, News Group Newspapers (NGN), has given a "full and unequivocal apology" to the Duke of Sussex for "serious intrusion" into his private life and agreed to pay substantial damages. It has settled the long-running legal battle between the publisher and Prince Harry, just before it was due to reach the High Court. ...