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Nov 30, 2020 · Although the fall of the retail group puts 13,000 jobs at risk, there will be no immediate redundancies. ... Topshop, Burton and Dorothy Perkins owner Arcadia has gone into administration, putting ...
Dec 14, 2022 · After Green purchased the BHS department store chain in 2009, the business was integrated into the Arcadia Group before being sold for a nominal £1 in 2015 to Retail Acquisitions Ltd. In April 2019, it was reported that the Arcadia Group had recorded a £300m deficit in its pension fund, while the Green family had cashed out £1.2bn in dividends from Arcadia in 2005.
Dec 1, 2020 · The Arcadia Group, owned by Sir Philip Green, has collapsed into administration. The retail group runs 444 stores in the UK and 22 overseas. Currently, 9,294 of its employees are on furlough.
Jan 12, 2022 · Arcadia’s defined benefit pension scheme was among the secured creditors and has now received almost all the £185m pledged to it under a funding agreement reached in 2019. But the remainder of ...
Jul 2, 2019 · Arcadia Group was formed in 1997 when the Burton Group disbanded. The group became part of Sir Philip Green’s Taveta Investments in 2002 and has since grown its digital portfolio and expanded its international presence with branches in cities including New York and Los Angeles. Its beginnings go back further; in the early 1900s, at the age of ...
May 23, 2019 · Arcadia Group, a London-based fast-fashion retailer and operator of the Topshop and Topman brands, filed for bankruptcy in the U.S., citing many of the same headwinds facing much of the broader ...
