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Report: UK’s ASOS Exploring Sale of Topshop Brand

by Editor October 30, 2023, 1:13 am 1.5k Views

British online fashion retailer ASOS Plc (ASOS.L) is exploring a sale of its Topshop brand, Sky News reported on Saturday.

ASOS bought the Topshop brand in 2021 from the administrators of Philip Green’s collapsed Arcadia group, along with its Topman, Miss Selfridge and HIIT brands for 265 million pounds ($321 million).

ASOS when approached by Reuters declined to comment.

ASOS on Tuesday said it was postponing the planned publication of…

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