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Topshop losses revealed ahead of High Street return
The Journal
|October 09, 2025
AHEAD of Topshop and Topman’s anticipated return to UK high streets next year, losses at the joint venture behind the brands have been disclosed.
The brands were sold by online fashion retailer Asos to a joint venture in partnership with Danish retail magnate Anders Holch Povisen’s Heartland in September 2024.
Asos had previously purchased Topshop and Topman, along with Miss Selfridge and HIIT, from Philip Green's defunct Arcadia group for £265m in 2021.
Last month it was announced that Topshop would make a comeback to the high street five years after shuttering all its UK locations.
Dit verhaal komt uit de October 09, 2025-editie van The Journal.
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