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    FASHION

    Asos Buys Topshop for €300 Million Euros

    by OVERSTANDARD February 2, 2021
    written by OVERSTANDARD

    British online fashion and cosmetic retailer Asos, recently confirmed the acquisition of Topshop, Topman, Miss Selfridge and HIIT for a combined price of € 300 million euros. The brands mentioned above are the main brands of the Arcadia Group, which has been in bankruptcy since November 30.

    From this moment on, all the brands that have been acquired by Asos will take a new course by changing their commercial strategy and will be more present than ever on social networks, promoting the e-commerce sales format, seeking growth in the face of sales.

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  • Reference Festival Unlocks its Radical ‘Freie Kunst’ Edition to Disrupt Art Basel Paris
  • The Louvre Barricaded: Student Protests and Civil Unrest Shadow Paris Ahead of Art Basel
  • Saint Laurent and Anthony Vaccarello Unearth Martin Parr’s Subversive Self-Portraits for a Parisian Exhibition
  • MM6 Maison Margiela and Salomon Return with eight Radical FW26 Styles, Headlined by the Hybrid Crossderby
  • Clint RTW Previews the Corteiz x Nike Shox R4 and a Massive Technical Apparel Drop

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