News

Bestseller acquires majority stake in Topshop

09/09/2024

Online fashion seller ASOS has announced that it has sold a 75% stake in Topshop to Danish fashion group Bestseller, owned by Heartland, the investment arm of the Holch Povlsen family. The transaction will lead to a joint venture company between the two groups, and the acquisition sum of £135 million values Topshop at £180 million, according to...

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