Nordstrom takes stake in 4 Asos manner brand names to get more youthful purchasers

Mon, 15 Aug 2022 00:04:18 +0000

A girl is viewed procuring on ASOS the online manner retail outlet on a laptop computer.

Dinendra Haria | SOPA Pictures | LightRocket | Getty Photographs

Nordstrom explained Sunday it has obtained a minority stake in four clothing models owned by the on the internet U.K. trend property Asos.

The manufacturers — Topshop, Topman, Miss Selfridge and the activewear label HIIT — concentrate on younger customers in their 20s. Money conditions of the deal weren’t disclosed.

Nordstrom buys minority passions in four British isles trend makes | Life-style

Wed, 10 Aug 2022 23:03:33 +0000

ANNE D’INNOCENZIO AP Retail Lighter

New York (AP) —Nordstrom claims it has obtained minority pursuits in four trend makes owned by a British business named Assos as the division retailer chain aims to bring in additional buyers in their twenties. Stated.

The Topshop, Topman, Pass up Selfridge and HIIT manufacturers have been bought by Asos in February immediately after previous owner and British style empire Arcadia Team filed for individual bankruptcy in late 2020. The fiscal terms have not been disclosed.

Nordstrom on Le Magasin

Nordstrom takes stake in 4 Asos manner brand names to get more youthful purchasers

Nordstrom buys minority passions in four British isles trend makes | Life-style