Nordstrom Makes a Play for Young Consumers

The retailer has acquired minority stake in Topshop, Topman, Miss Selfridge and HIIT

Consumers want to get back to browsing in stores again, and Nordstrom is expanding its options to attract younger shoppers. The retail giant signed a deal with online fashion company ASOS, which it hopes will drive excitement and bolster sales after the pandemic. 

Top line

The resulting shared ownership model means ASOS will retain operational and creative control of its brands, while Nordstrom gains exclusive multi-channel retail rights in North America. The retailer first brought Topshop

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