About: http://data.cimple.eu/news-article/b272c19eaffe5ce2ea70cad3c16714bb349c264950218dede82f4348

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/b272c19eaffe5ce2ea70cad3c16714bb349c264950218dede82f4348 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	British online fashion group ASOS has agreed to buy four key brands including Topshop from collapsed retail group Arcadia for £330 million ($452 million, 372 million euros), administrators said Monday. "The joint administrators to the Arcadia Group Ltd and various subsidiaries announce the sale of Topshop, Topman, Miss Selfridge and HIIT brands to ASOS Plc. The sale will generate total proceeds of £330 million," administrators Deloitte said in a statement. "Under the terms of the transaction, ASOS will acquire the brands, intellectual property and inventory. In addition, approximately 300 employees across design, buying and retail partnerships will transfer to ASOS." The transaction, excludes the retail store network of of Topshop, Topman and Miss Selfridge, and has sparked concern over potential job cuts. A source close to the matter told AFP that the store closures would put 2,500 jobs at risk. The deal is expected to complete on Thursday. The announcement comes after ASOS-rival Boohoo announced on Friday that it was in talks with Arcadia administrators to buy three of its brands comprising Dorothy Perkins, Wallis and Burton. Boohoo also agreed last week to purchase the intellectual property assets of failed department store chain Debenhams. Both Arcadia and Debenhams collapsed in December -- together risking the loss of 25,000 jobs -- having struggled to transition from a bricks-and-mortar business long before the coronavirus pandemic forced shoppers online. rfj/bmm
schema:headline	UK fashion firm ASOS buys key Arcadia brands for £330 mn
schema:mentions	2009 flu pandemic Intellectual property Department store Agence France-Presse United Kingdom Severe acute respiratory syndrome coronavirus 2 Arcadia Group Miss Selfridge Burton upon Trent Dorothy Perkins Topman ASOS.com Boohoo.com Topshop Debenhams Arcadia Deloitte Mark Roebuck
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-01 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	79 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software