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Topshop, Miss Selfridge brands bought by Asos, thousands of jobs at risk

Topshop, Miss Selfridge brands bought by Asos, thousands of jobs at risk

Thousands of jobs are currently in peril after Asos, an online fashion retailer struck a £295m deal to buy four brands from failed retail group Arcadia. Topshop, Topman, Miss Selfridge and HIIT brands are being bought by Asos, but the shops are not being bought. Sir Philip Green’s Arcadia group fell into administration, casting doubt over the future of its brands and 13,000 jobs.

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