Asos 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.
Asos announced today that it had offloaded 75% of the Topshop and Topman brands to Danish fashion giant Bestseller.
Bestseller, which owns more than 20 brands including Jack & Jones and Vero Moda, is Asos’ largest current investor and has around 2,800 retail stores in more than 30 countries internationally.
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