×
62 422
Fashion Jobs
ESTÉE LAUDER
Executive Director - Global Safety Compliance
Permanent · Melville
ESTÉE LAUDER
Director, Security Architecture - Global Information Security
Permanent · New York
ESTÉE LAUDER
Coordinator, Estee Lauder, Bumble And Bumble, Origins Human Resources
Permanent · New York
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Arvada
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Racine
KOHLS
Full-Time Loss Prevention Officer
Permanent · Laguna Niguel
KOHLS
Full-Time Loss Prevention Officer
Permanent · Woodbridge
ATHLETA
General Manager - Butler Plaza (New Store)
Permanent · Gainesville
ATHLETA
General Manager - Hudson Yards
Permanent · New York
ATHLETA
General Manager - Morristown, 30 w. Park Place
Permanent · Morristown
ATHLETA
General Manager - Georgetown
Permanent · Washington
ATHLETA
General Manager - Westfield
Permanent · Westfield
ATHLETA
General Manager - Galleria @ Roseville
Permanent · Roseville
ATHLETA
General Manager - Natick
Permanent · Natick
ATHLETA
General Manager - Newport- Long Wharf
Permanent · Newport
NEIMAN MARCUS
Loss Prevention Investigator- Boston
Permanent · Boston
NEIMAN MARCUS
Sales Manager, Handbags - Orlando
Permanent · Orlando
NEIMAN MARCUS
Product Manager, Checkout
Permanent · Irving
NEIMAN MARCUS
Loss Prevention Investigator
Permanent · Dallas
NEIMAN MARCUS
Sales Manager, Designer Sportswear Selling - Short Hills
Permanent · Millburn
OLD NAVY
Assistant General Manager, Merchandising - Oakridge
Permanent · San Jose
OLD NAVY
Unassigned - General Manager - Mall of The Americas
Permanent · Miami
Published
Jan 31, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

ASOS deal for Topshop, Miss Selfridge and co is imminent

Published
Jan 31, 2021

ASOS is expected to announce the acquisition of Topshop and other Arcadia brands as soon as Monday with reports that the purchase price is almost £300 million.


Miss Selfridge



It comes as the online pureplay moves to protect a valuable income stream with Topshop, Topman and co being key partner brands for the e-tailer that targets the 20-something market. 

Sky News reported that a deal with Arcadia’s administrator could be signed late Sunday allowing the firm to make a stock exchange announcement of the purchase first thing on Monday morning.

The buy will also include Miss Selfridges and the smaller HIIT label with the price for all four to include £250 million to buy the brands themselves and around £40 million for the stock.

While the purchase would protect the future of the brands and place them in the hands of a company well able to rebuild them and recapture some of their former glory, it would also mark a sad day for the labels’ staff.

Before its administration filing, Arcadia employed around 13,000 people across its brands and — despite rumours that ASOS might try to continue to run the Topshop Oxford Circus flagship — all the other stores are likely to shut.

We may hear more of ASOS’s plans around the soon-to-be-fully-owned labels on Monday.

Copyright © 2021 FashionNetwork.com All rights reserved.