ASOS-Topshop buyout | What does it mean for staff?

What does it mean for staff?

ASOS has confirmed a deal to buy Topshop as well as Topman and Miss Selfridge from Sir Philip Green’s Arcadia Group, multiple outlets report.

This deal, according to those close to the purchase, is expected to close 70 shops permanently, with 2,500 retail staff at risk of redundancy.

Subscribe for just £9* to continue reading...

myGrapevine+ is packed with exclusive content for a growing community of forward-thinking HR and business leaders. These how-tos, deep dives and video interviews aren’t available anywhere else and you can set up your account in a few minutes.

* Billed via Credit/Debit card at £9 for first month, then £22.99 per month. One time use only.

Welcome Back