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Filed for bankruptcy
- 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 challenges facing much of the broader retail industry.
www.wsj.com/articles/arcadia-group-files-for-bankruptcy-in-the-u-s-11558631493Topshop Operator Arcadia Group Files for Bankruptcy in the U.S.
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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. 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 · LONDON — Topshop ‘s troubled parent Arcadia Group, owner of eight retail brands, has filed for bankruptcy in the U.K., marking the end of an era for its colorful, and controversial, owner Sir...
- Samantha Conti
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 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.
Dec 1, 2020 · 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...
Feb 19, 2021 · Philip Green ’s retail empire Arcadia Group collapsed owing about 800 million pounds ($1.1 billion) to creditors and with a bigger-than-expected pension deficit. A statement of financial...
