Retailer Next said on Thursday it had pulled out of the bidding as it was unable to meet the price expectations of the collapsed fashion chain.
ASOS is not holding any talks about buying Topshop stores, Sky News said, citing unnamed insiders. But it was also keen to acquire Arcadia s Miss Selfridge brand alongside Topshop and Topman, Sky said.
ASOS is competing against rivals including Boohoo Group , US retailer Authentic Brands Group, which is working with JD Sports Fashion, and Chinese fashion group Shein, the report added.
Arcadia went into administration in November, putting more than 13,000 jobs at risk and becoming Britain s biggest corporate casualty of the Covid-19 pandemic.
“We want to showcase how you can transform solid waste to precious pieces of art … and generate employment and income,” said Gustafsson. “We hope to change the people’s perceptions about the garbage and manage it.
The centre is located at an altitude of 3,780 metres at Syangboche on the main trail to Everest base camp, two days walk from Lukla, the gateway to the mountain.
It is due for “soft opening” to locals in the spring as the number of visitors could be limited this year
because of pandemic restrictions, Gustafsson said.
Products and artwork will be displayed to raise environmental awareness, or sold as souvenirs with the proceeds going to conservation of the region, he said.