Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Asos Deal Strips Stores from Topman, Topshop

Join Sourcing Journal on May 18 at 11 am ET to learn how Cotton USA Solutions helped Tata Textile Mills become more efficient and create a path toward continues improvement.

Asos purchased Topshop and Topman in a deal with bankrupt Arcadia that strips the so-called “crown jewels” of their store presence, further decimating Britain’s high streets and reshaping the future of fashion. Asos will acquire the brands, goodwill and inventory for 265 million pounds ($363.2 million), the fashion e-tailer said on Monday, in a deal…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!