ASOS, the online fashion retailer, has emerged as the surprise frontrunner to buy TopShop from the administrators to Sir Philip Green’s former high street empire.Sky News has learnt that ASOS has moved into pole position to buy the brand for more than £250m, days after a consortium led by Next withdrew from the race.
If successful, it may renew fears for the future of most of TopShop’s workforce, given ASOS’s status as a pure-play digital retailer.ASOS is not holding any talks about buying TopShop stores, according to insiders, although it is also keen to acquire Arcadia’s Miss …
