What the Asos buyout means for Topshop and Miss Selfridge

Thousands of jobs are at risk in the deal by online clothing giant Asos to buy four brands from the collapsed Arcadia Group.
The fast fashion retailer that caters for 20-something shoppers has bought Topshop, Topman, Miss Selfridge and HIIT in a £265million deal.
What happens to the shops?
Asos has confirmed that it does not intend to keep any of the stores open – putting thousands of jobs at…