Topshop site to relaunch as ASOS sells majority stake for £135m

The web portal of Topshop and Topman, once considered among the UK’s leading clothing retail brands, is to be relaunched after owner ASOS sold a majority stake in the brands for £135 million. The deal will see Danish clothing group Heartland, parent company of Bestseller, hold 75% of the joint venture, with ASOS plc holding … Continue reading Topshop site to relaunch as ASOS sells majority stake for £135m