Shein mulls Topshop bid

Shein has formally registered its interest in making an offer for Topshop.
It comes on the back of Shein’s acquisition of Missguided and intellectual property rights from Frasers Group last week for an undisclosed sum.
Asos snapped up Topshop for £330m back in 2021 from Sir Philip Green’s collapsed Arcadia retail empire.
It emerged late last month that Asos was considering selling Topshop as it looks to shore up its balance sheet after it posted a near-£300m los