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Nordstrom acquires minority stake in Topshop brands

Nordstrom, which operates more than 350 physical US stores, has a โ€˜strong historyโ€™ with Topshop, having been the first US retailer to offer the brand to the US market in 2012

ASOS has formed a joint-venture with Nordstrom, which will see the US department store chain invest in a minority interest of the Topshop, Topman, Miss Selfridge and HIIT brands.

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