All Topshop articles – Page 2
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NewsAsos rejected a higher bid for Topshop from Shein and ABG
Asos sold its 75% stake in the Topshop and Topman brands to Heartland for £135m despite receiving a higher offer from fast-fashion juggernaut Shein and Authentic Brands Group (ABG).
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AnalysisAsos boss on Topshop’s potential return to the high street and making the brand ‘accessible and exciting’ again
Asos surprised the City this morning with the announcement that it had offloaded a majority stake of the iconic Topshop and Topman brands to Heartland, a holding firm of Danish fashion giant Bestseller.
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NewsAsos has sold a majority stake in Topshop and Topman brands
Online fashion giant Asos has today announced a new joint venture with Heartland, the holding company of Danish fashion retailer Bestseller, to sell a majority stake in the Topshop and Topman brands.
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Retail Navigator AnalysisTopshop (People)
Alejandra Mur joined as director of Topshop, Topman and venture brands in 2023.
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NewsShein revives interest in Topshop
Shein is understood to have rekindled its interest in Asos-owned Topshop alongside ABG, The Times reports.
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NewsShein weighs up Topshop bid
Fast-fashion giant Shein has formally registered its interest in bidding for the Topshop brand.
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NewsEmbattled Asos considers sale of Topshop
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.
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NewsExclusive: Zara takes over empty Topshop for new flagship
Fashion retailer Zara has snapped up the former Topshop premises at the Trinity Leeds shopping centre for its newest flagship, Retail Week can reveal.
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NewsArcadia pensions secured in £850m deal with Aviva
Members of bust fashion giant Arcadia Group pension schemes have had their benefits secured following a deal between trustees and insurance and pensions giant Aviva.
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NewsAsos partners with Secret Sales to clear stock at discount
Asos has announced a new partnership with Secret Sales to sell a range of its products at a discounted price.
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NewsTopshop and Halpern founder Sir Ralph Halpern dies
The creator of Topshop and retail tycoon Sir Ralph Halpern has died at the age of 83, his family has said.
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NewsNRF 2022: Nordstrom exec pledges to make Asos a 'big deal' for the US consumer
Nordstrom president and chief brand officer Peter Nordstrom said that Asos’ concession in the famous American chain could be the silver bullet it needs to be front of mind for US shoppers.
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NewsIkea set to buy former Topshop flagship in £385m deal
Ikea is understood to have entered into an agreement to purchase 214 Oxford Street for £385m.
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AnalysisAnalysis: How Asos and Nordstrom will make Topshop’s American dream a reality
Asos has announced a joint venture with US department store chain Nordstrom, marking its first foray into bricks-and-mortar. Retail Week speaks with boss Nick Beighton about why he thinks Nordstrom is the right partner for its new brands.
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NewsTina Green receives £50m payout from Topshop administrators
Tina Green has been handed £50m by administrators from the remains of her husband’s Arcadia empire.
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DataData: Asos vs Boohoo – the battle of the fashion etail giants
Asos and Boohoo – two fast fashion etail giants who have stormed through the pandemic, picking up struggling competitors as they go. But, in five years’ time, who will be the bigger powerhouse?
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Retail Navigator AnalysisTopshop (Overview)
Young fashion brand Topshop/Topman was acquired by online fashion etailer Asos in February 2021 after parent group Arcadia went into administration in November 2020. Asos also bought fellow Arcadia brands Miss Selfridge and HIIT, in a £330m deal that covered £265m for the brands and £65m for current and future stock, funded by cash reserves. However, in late 2023, Sky News reported that Asos was in talks with Forever 21 and Ted Baker owner Authentic Brands Group to sell Topshop, followed by media reports about Chinese fast-fashion giant Shein formally registering its interest in making an offer for the brand.
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NewsTopshop Oxford Street flagship goes on sale for £420m
The sale of Topshop’s iconic Oxford Street flagship has kicked off, with a portion of the funds from the £420m sale allocated to Arcadia’s pension scheme.
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NewsAsos targets Black Friday Topshop splash after ‘great early momentum’
Asos aims to wow customers by unveiling its first in-house-designed Topshop lines for this year’s Black Friday extravaganza.
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AnalysisSuper-deduction: what it is and the retailers that could benefit
As part of the Budget last week, chancellor Rishi Sunak unveiled a ’super-deduction’ allowance to provide relief for certain businesses – but what does it mean for retail?