Why Nordstrom invests in Asos

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Publication

21 July 2021 à 19h12

Updated on 23 July 2021 à 10h43

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2 minutes

Publication: 21 July 2021 à 19h12, Updated on 23 July 2021 à 10h43

Reading time: 2 minutes

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Listing exclusive brands, using stores for online returns and reliance on an expanding retailer... Mind Retail decodes this new partnership.
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Publication

21 July 2021 à 19h12

Updated on 23 July 2021 à 10h43

Reading time

2 minutes

Publication: 21 July 2021 à 19h12, Updated on 23 July 2021 à 10h43

Reading time: 2 minutes

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On July 11, 2021, the Seattle-based department store chain Nordstrom took a minority stake in the British and profitable pure-player Asos, who also owns the brands Topshop, Topman, Miss Selfridge and HIIT. The details of the financial transaction (amount invested, percentage of ownership) were not public. 

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