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Arcadia and Asos deal 'will change high street forever'

Buyout of bricks and mortar fashion brands to reshape the world of retail

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Sold: The Topshop fashion brand has been bought over by online retailer Asos

Sold: The Topshop fashion brand has been bought over by online retailer Asos

Sold: The Topshop fashion brand has been bought over by online retailer Asos

The sale of three Arcadia Group brands to online fashion giant Asos will change the make-up of NI's high streets forever, a commercial property expert said.

Administrators for Arcadia announced Asos has purchased Topshop, Topman and Miss Selfridge for £265m, plus £65m for current and pre-ordered stock.

Paul Wilson, director at commercial property agents Savills, said he is hopeful that the bigger units leased out by Arcadia will attract attention, but says their large scale makeup will demand some "repurposing" to accommodate a mix of tenants.


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