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ASOS buys Topshop, Topman and Miss Selfridge closing 70 shops forever


ASOS buys Topshop, Topman and Miss Selfridge closing 70 shops forever with 2,500 jobs at risk
1 Feb 2021, 7:27
Updated: 1 Feb 2021, 14:09
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ASOS has bought Topshop, Topman and Miss Selfridge from Sir Philip Green s Arcadia Group in a deal that is expected to close 70 shops forever.
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ASOS has confirmed a takeover of Arcadia brandsCredit: Alamy
ASOS is paying £330million for the brands plus leftover and future stock, with the takeover also including leisurewear range HIIT.
But the deal doesn t include the physical shops, which means 2,500 retail staff are at risk of redundancy.
ASOS has agreed to take on 300 people within the Arcadia Group business, including buyers and designers. ....

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Bet365 boss remains UK's biggest taxpayer | Peeblesshire News


Bet365 founder Denise Coates was the country’s largest taxpayer for the second year running, new figures show.
The betting website’s joint chief executive and her family, who are worth £7.166 billion, had a tax liability of £573 million last year, according to the annual Sunday Times Tax List.
Fred and Peter Done, the brothers behind bookmakers Betfred, came in third with a tax bill of £191.3 million, while inventor Sir James Dyson sat in sixth place having paid £115 million.
Ed Sheeran is a new entry to the UK top 50 taxpayer list (Ian West/PA)
Vacuum cleaner mogul Sir James, who topped the 2020 rich list with his £16.2 billion fortune, contributed £12 million more in tax than the year before. ....

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Bet365 boss remains UK's biggest taxpayer | South Wales Guardian


Bet365 founder Denise Coates was the country’s largest taxpayer for the second year running, new figures show.
The betting website’s joint chief executive and her family, who are worth £7.166 billion, had a tax liability of £573 million last year, according to the annual Sunday Times Tax List.
Fred and Peter Done, the brothers behind bookmakers Betfred, came in third with a tax bill of £191.3 million, while inventor Sir James Dyson sat in sixth place having paid £115 million.
Ed Sheeran is a new entry to the UK top 50 taxpayer list (Ian West/PA)
Vacuum cleaner mogul Sir James, who topped the 2020 rich list with his £16.2 billion fortune, contributed £12 million more in tax than the year before. ....

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Bet365 boss remains UK's biggest taxpayer | Andover Advertiser


Bet365 founder Denise Coates was the country’s largest taxpayer for the second year running, new figures show.
The betting website’s joint chief executive and her family, who are worth £7.166 billion, had a tax liability of £573 million last year, according to the annual Sunday Times Tax List.
Fred and Peter Done, the brothers behind bookmakers Betfred, came in third with a tax bill of £191.3 million, while inventor Sir James Dyson sat in sixth place having paid £115 million.
Ed Sheeran is a new entry to the UK top 50 taxpayer list (Ian West/PA)
Vacuum cleaner mogul Sir James, who topped the 2020 rich list with his £16.2 billion fortune, contributed £12 million more in tax than the year before. ....

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