Asos launches joint venture to sell Topshop clothes in US stores

Asos has announced a joint venture with Nordstrom to sell Topshop clothes in US stores (Asos/PA)

Asos has partnered up with US retailer Nordstrom in a new joint venture that will see Topshop clothes sold in physical stores again for the first time since the brand collapsed last year.

The deal sees Nordstrom, which first struck a deal with the former Arcadia brand nine years ago, buy a minority stake in the Topshop, Topman, Miss Selfridge and HIIT brands that were bought out of administration by Asos earlier this year.