Online fashion retailer ASOS (LON:ASC) has thrown its hat in the ring for the purchase of brands owned by Arcadia. It does not want the high street shops, though.
ASOS is keen on the TopShop and associated TopMan brands. Miss Selfridge could also be included in the package. There are rival bidders and there is no certainty it will acquire the brands. AIM-quoted rival boohoo (LON: BOO) is also interested, along with other bidders. boohoo has a track record of buying other brands, whereas ASOS has always concentrated on its core brand.
There could be a decision by the end of this month or...
