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- 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.
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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.
- Jonathan Eley
Arcadia Group went into administration at 8pm GMT on 30 November 2020, placing 13,000 jobs at risk. On 25 January 2021, ASOS said it was in "exclusive" talks to buy Arcadia's Topshop, Topman, Miss Selfridge and HIIT brands out of administration, though it only wanted the brands, not the shops.
Retail commentators say there was little in the way of investment in Arcadia’s main brands of Topshop, Burton and Wallis, whose market share has declined precipitously since their heyday in the ...
Sir Philip Green’s Arcadia Group, which includes household names Topshop, Burton and Dorothy Perkins, has collapsed, putting around 13,000 jobs at risk.
Dec 2, 2020 · Arcadia Group’s decline comes just as department store chain Debenhams begins it liquidation – with both administrations placing 25,000 jobs on the line in total.
Dec 1, 2020 · Thousands of former and current staff of Arcadia face cuts to their expected pensions following the collapse of fashion retail group Arcadia.
Feb 13, 2021 · Sir Philip Green’s fashion empire Arcadia is no more, with its famous brands, including Topshop, carved up by online retailers leaving behind a ghost chain of 500 shops.