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Ikea in talks to take over Topshop's iconic Oxford Street store as part of new plan to open shops in city centres

GREAT IKEA?
Ikea in talks to take over Topshop’s iconic Oxford Street store as part of new plan to open shops in city centres
Updated: 10 May 2021, 15:04
IKEA is in talks to take over Topshop’s old flagship Oxford Street store as part of its plan to open up shops in city centres, according to reports.
The Swedish retailer has been looking to open up smaller outlets along Britain’s high streets since 2018.
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The former Topshop store along Oxford Street has been left vacant for monthsCredit: Alamy Live News
It is now eyeing up the former Topshop store on Oxford Street, which went up for sale in January after parent company Arcadia fell into administration in December last year. ....

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Topshop's 80% off sale before website closes this week after ASOS takeover

1 Feb 2021, 12:51
Updated: 1 Feb 2021, 14:51
TOPSHOP and Topman are running 80% off sales before their websites close this week.
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Arcadia brands including Topshop and Topman have been purchased by ASOS
But the takeover doesn’t include stores, meaning 70 shops are expected to shut forever, putting 2,500 retail jobs at risk.
The deal also means Topshop, Topman and Miss Selfridge websites will redirect to the ASOS website once the takeover is complete.
ASOS told The Sun this will happen from Thursday, February 4, or Friday, February 5, with ASOS set to be the permanent home for these brands.
For now, all three websites remain open for orders and are each running up to 80% off sales. ....

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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
Invalid Date,
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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Boohoo buys Debenhams name and website but all stores and 12,000 jobs lost

Boohoo buys Debenhams name and website but all stores and 12,000 jobs lost
thesun.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesun.co.uk Daily Mail and Mail on Sunday newspapers.

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