The brands Topshop, Topman, Miss Selfridge and the activewear label. In the first quarter, digital sales increased 23% year over year and 28% from the 2019 fiscal year. Nordstrom said Sunday it has acquired a minority stake in four apparel brands owned by the online U.K. The move comes as Nordstrom continues to accelerate its online growth. To start, customers will also be able to pick up orders at Nordstrom and Nordstrom Rack stores beginning fall. They are in discussions to create a multi-channel showcase for a handful of other Asos brands. The companies said the investment also opens the door for a bigger alliance between Asos and Nordstrom. consumer insight and unparalleled reach right across North America, Nordstrom is the right partner to help ASOS accelerate the growth of our Topshop and Asos brands in this key market,” said Nick Beighton, CEO of Asos.īeighton noted that the partnership will help fuel the company’s growth in North America through “ engaging, friction-free multi-touch experiences.” Our Nordstrom partnership is particularly exciting, she said, adding that she made a recent visit to Los Angeles to lay out the new branding and strategy for the North American teams.
“With its long-established connection to Topshop, extensive U.S. Topshop and Topman sell through 100 Nordstrom stores in North America, and Tattersall said business in the region is booming. The retailer will also become the only brick and mortar presence for the brands globally. Nordstrom and ASOS announced that Nordstrom has acquired a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands.
ASOS today announces that it has formed a joint-venture with US-based multi-channel retailer, Nordstrom, which will invest for a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands. distributor of Topshop and Topman, to have the exclusive multi-channel rights for the brands across North America, including Canada. Retailers exploring wider strategic partnership. The joint venture will allow Nordstrom, which has been the exclusive U.S. What Will Be the Women’s Shoe of Fall 2023? Execs from Saks, Nordstrom & Bloomingdale’s Weigh in on Trends
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