Online Fashion Retailer Asos Unveils Strategic Partnership, Offloads Topshop and Topman Majority Stake- Quick Synopsis
Online Fashion Retailer Asos Unveils Strategic Partnership, Offloads Topshop and Topman Majority Stake- Quick Synopsis
- Asos Sells Majority Stake: Asos sold most of Topshop and Topman.
- Heartland Takes Over: Heartland, a big retailer, now owns 75% of these brands.
- Asos Focuses Online: Asos will focus on online selling.
- Asos Still Involved: Asos will still help design and sell the brands.
- Positive Future: The partnership with Heartland is good for both companies.
