Only 300 staff will be brought over as part of deal with Arcadia, resulting in thousands of job losses
Online fast fashion retailer Asos is the new owner of Topshop and other leading brands from Sir Philip Green’s Arcadia empire after agreeing a deal worth £295m.
The sale also includes Topman, Miss Selfridge and HIIT, which were put up for sale after Arcadia collapsed into administration last year.
