Topshop might be acquired by online fashion retailer ASOS: report - Business Insider

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Topshop might be acquired by online fashion retailer ASOS: report

of the COVID-19 pandemic. Apparel companies worldwide are among the hardest hit by the pandemic due to lockdowns, work-from-home mandates, and the temporary closure of stores and malls.

Arcadia was also struggling before the coronavirus pandemic, failing to invest enough resources in e-commerce and relying too heavily on in-store shopping.The struggling retail group cut around 500 head office roles in July and furloughed its retail staff. ASOS, an all-online fashion giant, would acquire the Topshop brand but is not holding any talks about buying Topshop stores, Sky reported.

ASOS is competing to buy Topshop against several rivals, including China's Shein fashion group and the American retailer Authentic Brands Group, Sky reported. LoadingBy clicking ‘Sign up’, you agree to receive marketing emails from Business Insider as well as other partner offers and accept our

 

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why use a picture of an idiot walking in front of the store?

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ASOS buys Topshop, Miss Selfridge as part of a $364 million deal - Business InsiderOnline fashion giant ASOS has bought Topshop as part of a $364 million deal, but the retailer's physical stores will still close Fund raising for Afgh people . The government of Afghanistan doesn't have enough funds to support the population with food, health care and medical equipment to fight the battle against Covid-19. It's our responsibility to help our fellow humans in need.donate small amount. Fashion ... for people with no style? Trends ... for people with no imagination? Labels ... for people who like boxes? Brands ... for people who don't have their own identity? Money ... for people who don't know what's worth valuing?
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