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Asos and Boohoo: barbarians at the gate

E-commerce’s takeover of the UK retail sector is nigh, with its leading soldiers set to acquire assets from two former giants of the high street
Asos and Boohoo: barbarians at the gate

This story has been updated to reflect the fact that Asos has now confirmed its acquisition of Topshop and Miss Selfridge.

In the spring of 2002, Philip Green threw a party befitting the last days of Rome: toga-clad models, popstars and other celebrities were flown to Cyprus for a three-day bacchanal in honour of his 50th birthday. Dressed as Nero, the retail tycoon who made his fortune buying up the UK high street received a solid-gold Monopoly set from his wife to mark the occasion.

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