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Nordstrom buys stake in four Asos brands including Topman, Topshop

Asos has formed a joint-venture with US-based multi-channel retailer, Nordstrom, which will invest for a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands. The company said in a release that this joint-venture will help drive the growth of these brands and paves the way for exploration of a new wider strategic partnership...

12 Jul 2021