Search results
Gone into administration
- 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 "severely impacted" sales across the group. No redundancies would be announced immediately, it said in a statement.
www.bbc.com/news/business-55139369
People also ask
What does Arcadia collapse mean for its 13,000 workers?
Who owns Arcadia Group plc?
Will Arcadia Group go bankrupt?
What happened to Arcadia Group?
Nov 30, 2020 · Philip Green’s Arcadia fashion empire has become the highest-profile retail victim of the pandemic, falling into administration and putting more than 13,000 jobs at risk. In a brief statement ...
- Jonathan Eley
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 ...
- Jonathan Eley
Nov 30, 2020 · 30 November 2020. Getty Images. 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...
Sir Philip Green ’s Arcadia Group, which includes household names Topshop, Burton and Dorothy Perkins, has collapsed, putting around 13,000 jobs at risk.
Arcadia retail group collapses into administration. Those who have reached normal pension age will continue to be paid their full pensions and not be affected by the cap. However, annual...
The Arcadia Group entered administration on 30 November 2020. [4] . By 8 February 2021 all of the brands previously owned by Arcadia had been sold off by administrators to online retailers, mainly ASOS and Boohoo, sealing the fate of the remaining bricks-and-mortar sites and thousands of jobs.
Jan 19, 2021 · 19 January 2021. Getty Images. Arcadia, the group behind Topshop, Burton and Dorothy Perkins, is set to close another 31 shops after it fell into administration in November. The stores,...
