×
75 831
Fashion Jobs
JCPENNEY
Asset Protection Associate - Sunrise Mall
Permanent · Citrus Heights
JCPENNEY
Asset Protection Associate - Lansing Mall
Permanent · Lansing
JCPENNEY
Asset Protection Associate - South Park Mall
Permanent · San Antonio
JCPENNEY
Sales Floor Supervisor - Crossroads Ctr
Permanent · St. Cloud
JCPENNEY
Asset Protection Associate - Chula Vista s/c
Permanent · Chula Vista
JCPENNEY
Asset Protection Associate - Augusta Mall
Permanent · Augusta
JCPENNEY
Asset Protection Associate - Aventura Mall
Permanent · Aventura
JCPENNEY
Asset Protection Associate - Aurora Mall
Permanent · Aurora
JCPENNEY
Sales Floor Supervisor - Eastgate Mall
Permanent · Cincinnati
JCPENNEY
Asset Protection Associate - Mall Saint Matthews
Permanent · Louisville
JCPENNEY
Asset Protection Associate - West Ridge Mall
Permanent · Topeka
JCPENNEY
Asset Protection Associate - Clackamas Town Ctr
Permanent · Happy Valley
JCPENNEY
Sales Floor Supervisor - Tyrone sq
Permanent · St. Petersburg
JCPENNEY
Asset Protection Associate - Towne West Square
Permanent · Wichita
JCPENNEY
Asset Protection Associate - Pembroke Lakes Mall
Permanent · Pembroke Pines
JCPENNEY
Asset Protection Associate - Washington sq
Permanent · Portland
JCPENNEY
Sales Floor Supervisor - Woodland Shopg Cntr
Permanent · Grand Rapids
JCPENNEY
Asset Protection Associate - Montclair Plaza
Permanent · Montclair
JCPENNEY
Asset Protection Associate - Gateway Mall
Permanent · Lincoln
JCPENNEY
Asset Protection Associate - Solano Mall
Permanent · Fairfield
JCPENNEY
Asset Protection Associate - Rockaway Town Square
Permanent · Rockaway
JCPENNEY
Asset Protection Associate - Oakland Mall
Permanent · Troy
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 © 2023 FashionNetwork.com All rights reserved.