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Nordstrom’s Asos Joint Venture: What to Know and Why it Matters

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Nordstrom Inc. is taking its connection with the Topshop and Topman brands to a deeper—and global—level. The department store has taken a minority stake in Asos Holdings, which owns the two labels, along with Miss Selfridge and HIIT. Asos acquired the millennial and Gen Z-loved brands in February. The Nordstrom-Asos joint venture also gives the…

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