Asos strikes deal with Nordstrom to sell Topshop in US stores
by Kalyeena Makortoff from on (#5M3FF)
US department store chain will put fashion brand's clothing back in brick and mortar shops
The online fashion retailer Asos has struck a deal with the US department store chain Nordstrom that will put Topshop clothing back in brick and mortar stores.
Nordstrom is taking a minority stake in the Topshop, Topman, Miss Selfridge and activewear HIIT brands - which Asos bought in March after the collapse of Sir Philip Green's Arcadia empire - for an undisclosed sum, as part of a joint venture announced on Monday.
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