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Nordstrom acquires minority interest in fashion retail brands

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Nordstrom Inc. purchased a minority stake in brands owned by online fashion retailer ASOS PLC.

The Topshop, Topman, Miss Selfridge and HIIT brands are part of the deal.

Since 2014, Nordstrom has been the exclusive distributor of Topshop and Topman in the United States.

Read more from Dow Jones Newswires.

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