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Nov 30, 2020 · Frasers Group, the company led by British retail billionaire Mike Ashley that owns brands such as Sports Direct and Slazenger, said Monday that Arcadia had declined a “lifeline loan” of up to ...
Nov 30, 2020 · 88-year-old retailer BHS goes bust, affecting 11,000 jobs across 164 stores. Sir Philip agrees to pay £363m to make good BHS pension fund. Buys back Topshop stake for $1 from US investor Leonard ...
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 ...
Philip Green. Sir Philip Nigel Ross Green (born 15 March 1952) is a British businessman who was the chairman of the retail company Arcadia Group. He owned the high street clothing retailers Topshop, Topman, and Miss Selfridge from 2002 to 2020. In May 2023, his net worth was estimated by the Sunday Times Rich List to be £910 million.
Nov 30, 2020 · The group narrowly avoided bankruptcy last year, embarking on a major restructuring, but the pandemic blew apart its turnaround plans. Arcadia’s value has plummeted 40 percent this year, according to estimates from Euromonitor International — more than double the estimated 18 percent decline of the overall UK apparel and footwear market.
Nov 30, 2020 · Topshop, Burton and Dorothy Perkins owner Arcadia has gone into administration, putting 13,000 jobs at risk. The High Street giant has hired administrators from Deloitte after the pandemic ...
Jan 19, 2021 · A representative of the trade union Usdaw said that both Arcadia and the administrators had 'refused to engage' in negotiations with the union. Updated, 9/2/2021: The administrators of the Arcadia Group have announced that the online retailer Boohoo had acquired the Burton, Dorothy Perkins and Wallis brands without acquiring the physical stores ...
