The news that LA-based private equity firm Leonard Green & Partners may take a 25% stake in Topshop and Topman has the high street all aflutter, largely because of the billion plus valuations it puts on the brands. However, it makes sense for a lot of reasons, and provides some fun fodder for sepculation. Let’s plunge in! Read more
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Vanessa has been the FT’s fashion editor since 2003, and is based in New York, though she lived in London for 12 years.