Topshop and Topman have launched a huge sale this week before their websites close – with upto 80% off.
The moves comes after online retailer ASOS confirmed it has bought both brands.
ASOS has also acquired Miss Selfridge and HIIT from Sir Philip Green’s Arcadia Group in a deal worth a staggering £330million.
However, the takeover doesn’t include any of the brand’s stores, meaning 70 shops are expected to shut forever.
This will put approximately 2,500 retail jobs at risk.
The deal also means the Topshop, Topman and Miss Selfridge websites will redirect to the ASOS website once the takeover is complete.
(Image: AFP via Getty Images)
According to reports, the redirect will happen from Thursday, February 4, or Friday, February 5, with ASOS set to be the “permanent home” for the brands.
At the moment, all three websites remain open for orders and are each running up to 80% off sales, which could give customers huge money savings.
The sales were however already running before the ASOS announcement was made today.
Both Topshop and Topman are offering up to 80% off in their sales.
(Image: REUTERS)
Meanwhile, Miss Selfridge is advertising up to 50% off but there are some deals that are 80% off.
Those who have a gift card for one of the brands should note that administrator Deloitte confirmed in December that vouchers can only be used to pay for up to 50% of a purchase.
This means shoppers will have to spend the same amount as the value of the gift card they want to use.
(Image: Topshop)
It’s currently not known whether customers can use their vouchers on the ASOS website.
The physical shops for each brand are currently closed anyway due to lockdown restrictions, so all deals will only be found online.
It’s currently not yet known if Topshop, Topman and Miss Selfridge shops will reopen once lockdown restrictions are lifted for customers to buy the remaining stock in person.
The ASOS takeover comes after Sir Philip Green’s retail empire collapsed into administration on November 30, putting 13,000 jobs at risk.
This came following “severely impacted” sales amid the coronavirus and competition from online brands such as ASOS and Boohoo.