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Online retailer Boohoo buys 3 fashion brands from Arcadia - Vimarsana News

Online retailer Boohoo buys 3 fashion brands from Arcadia

LONDON (AP) — British online fashion retailer Boohoo has bought three clothing brands...

Source: sfgate.com
Wigan's WHSmith to close - and in-house post office is at risk too - Vimarsana News

Wigan's WHSmith to close - and in-house post office is at risk too

Wigan's WHSmith store at the top of Standishgate The operator of the in-house General Post Office within it has also quit, throwing into confusion both the future running and location - if any - of the key business in Wigan too. Smiths has been in the town for decades and occupies about the most prominent retail pitch in the whole of Wigan centre, and yet the stationery, magazine, book and entertainment chain says it cannot “trade viably” from the site and will close its doors before the end of the year. It is another piece of sickening news for Wigan which has already lost Marks and Spen...

intu Merry Hill shines bright as fashion store closures loom - Vimarsana News

intu Merry Hill shines bright as fashion store closures loom

The intu Merry Hill Shopping Centre lit up with new LED lighting. Picture by Shaun Fellows / Shine Pix Ltd BOSSES at intu Merry Hill are trying to remain positive amid the gloom of the coronavirus pandemic and news of a raft of store closures expected as big name chains vanish from the High Street. The shopping centre is shining bright on dark nights having had new energy saving LED lights fitted to the exterior that can display different colours and designs which mall managers hope will help to lift spirits amid news that fashion store favourites Top Shop, Top Man and Miss Selfridges are...

ASOS takes over Topshop, Topman, Miss Selfridge and HIIT - but thousands of jobs at risk - Vimarsana News

ASOS takes over Topshop, Topman, Miss Selfridge and HIIT - but thousands of jobs at risk

SIR PHILIP GREEN'S Arcadia empire has been saved from administration after ASOS confirmed it will be taking over the brand, but thousands of jobs at still at risk.

Asos acquires Arcadia labels for 265 million pounds - Vimarsana News

Asos acquires Arcadia labels for 265 million pounds

Asos acquires Arcadia labels for 265 million pounds Monday, February 01 2021 British online retailer Asos has announced the acquisition of Topshop, Topman, Miss Selfridge and HIIT brands for 265 million pounds. The company said that the transaction is fully cash funded from existing cash reserves. Additionally, Asos will purchase 30 million pounds of stock upfront to support initial trading before these brands are migrated into the normal working capital cycle. Commenting on the development, Nick Beighton, Asos CEO, said in a statement: “ The acquisition of these iconic British brands is...