Future bleak for Lincoln Topshop and Topman after Asos takeover
Future bleak for Lincoln Topshop and Topman after Asos takeover Another High Street casualty The new joint Topshop Topman opened in Lincoln Waterside Shopping Centre on July 19, 2018. | Photo: Steve Smailes for The Lincolnite Online fashion retailer Asos has bought the Topshop and Topman brands from Arcadia, but they won’t take on physical stores. The £295 million deal comes after Sir Philip Green’s Arcadia Group went into administration in November. Administrators have now confirmed that the deal has been completed, but three days earlier than expected. Asos will acquire the stock and ...