The American retailer has taken a minority stake in Topshop and the three other brands Asos acquired out of administration in February. The deal paves the way for a wider strategic partnership.
Brexit and Covid-19 have proved a double blow for the fashion capital. Some creatives are localising production, while others are looking outside the UK for solutions.
This week on the BoF Podcast, retail veteran and former Topshop brand director Jane Shepherdson and BoF senior editorial associate Tamison O’Connor break down Topshop’s rise and fall and what comes next for the British high street.
The e-commerce company also acquired the Topman, Miss Selfridge and HIIT brands from failed retailer Arcadia Group.
In The Week Ahead, we examine Nordstrom’s plans for 2021, the final rounds of bidding for Topshop and other Arcadia brands, plus a new documentary about the artificial world of influencers.