LONDON, January 31 – British on-line vogue retailer ASOS is near a deal to purchase Topshop and Miss Selfridge from the Arcadia group managers of British magnate Philip Inexperienced for nearly £ 300 million (RM1. 6 billion), Sky Information reported.
ASOS may announce a deal as quickly as tomorrow, Sky stated.
Arcadia entered administration in November, placing greater than 13,000 jobs in danger and turning into the most important British enterprise sufferer of the Covid-19 pandemic.
ASOS and Arcadia directors declined to remark.
In the meantime, British on-line vogue retailer Boohoo stated on Friday it has entered into unique talks with managers of Philip Inexperienced’s collapsed Arcadia group about shopping for the Dorothy Perkins, Wallis and Burton manufacturers.
ASOS stated on Monday it was in unique talks to purchase the Topshop, Topman, Miss Selfridge and HIIT manufacturers from the directors of British magnate Philip Inexperienced’s Arcadia group. – Reuters
