ASOS in talks to buy Topshop, Miss Selfridge brands from Arcadia

Reuters | London | Updated: 25-01-2021 13:05 IST | Created: 25-01-2021 12:45 IST
ASOS in talks to buy Topshop, Miss Selfridge brands from Arcadia
Representative image

British online fashion retailer ASOS said on Monday it was in exclusive talks to buy the Topshop, Topman, Miss Selfridge and HIIT brands from the administrators of British tycoon Philip Green's Arcadia Group.

ASOS said a deal, which would be funded from its cash reserves, was a "compelling opportunity to acquire strong brands that resonate well with its customer base".

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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