Slaughter and May advised ASOS plc on its joint venture with Nordstrom

Slaughter and May advised ASOS plc on its joint venture with US-based retailer, Nordstrom, which will acquire a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands.

ASOS will retain operational and creative control under the terms of the joint venture, but will work with Nordstrom to leverage its US market expertise and extensive customer reach.

Slaughter and May worked closely with the ASOS in-house team led by Alison Lygo (Director of Treasury & Investor Relations), Anna Suchopar (General Counsel) and Karen Forbes (Head of Legal – Global Operations).