Find in the news:
BY COUNTRY

Asos became the owner of Topshop and Miss Selfridge brands



Asos will not retain the retail chains of the acquired brands, which will be liquidated.
Topshop - Toppman sign - Topshop

Major international fashion brands continue to lose ground under the crisis's pressure. They are being taken over by online retailers, whose positions were strengthened during the pandemic. 

Today it became known another major deal: British online clothing and cosmetics retailer Asos completed the purchase of several brands, including Topshop, from one of Britain's largest retailers, Arcadia Group. 

The transaction amounted to 265 million pounds sterling. Under the agreement, Asos will pay for the acquired assets in cash without attracting credit. 

The deal included the world-famous brands Topshop, Topman, Miss Selfridge, and HIIT. As expected, Asos will not retain the acquired brands' retail chains, which will eventually be liquidated. 

In December 2020, Arcadia Group, owned by billionaire Philip Green, initiated bankruptcy proceedings. The company was placed under external management by Deloitte. Arcadia said that the pandemic caused the pandemic's financial problems. The following restrictions made it almost impossible to maintain the retail business. 

Photo credit: depositphotos.com.

More about shopping malls in the United Kingdom



YESTERDAY, USA:
The company is also preparing to open seven new stores in China.
YESTERDAY, USA:
The brand alleges "counterfeiting, trademark infringement, unfair competition, dilution, and copyright infringement,"
YESTERDAY, USA:
Ikea integrates SCExpert platform into fulfillment centers and stores in more than 31 countries.
DAY BEFORE YESTERDAY, USA:
The 2,600-square-foot outlet is located in East Hampton, N.Y.
DAY BEFORE YESTERDAY, United Kingdom:
The tenth store in the new experimental concept opened in Henfield, West Sussex.
May 31, 2023, USA:
Sales of major brands continue to grow, despite the difficult economic situation.
Friend
and Follow
K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
Ontario Mills GLA:1 473 000 SF
ADDRESS: 1 Mills Cir, Ontario, CA 91764-5207
USA . Ontario
Ontario Mills


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us