Dorothy Perkins Fashion 2020 exclusive and Dorothy Perkins

ASOS buys high street brand Topshop for £295million as they close all stores and axe 2,500 jobs

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It was announced at the end of 2020 that a large group of brands were at risk of administration as part of the Arcadia Group.This includes renowned brands such as Topshop, Dorothy Perkins and menswear favourite Burton.They joined a list of well known fashion names like House of Fraser and Debenhams as the future of the company became uncertain.

A few businessmen have been rumoured to have had their sights set on the fashion empire, and we have been eagerly waiting to hear if Topshop would be saved from completely disappearing from our high streets.

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