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- Arcadia Group, the parent company of Topshop, a clothing chain in Britain, said it needed bankruptcy protection because lockdowns have had a “material impact” on its business.
www.nytimes.com/2020/11/30/business/british-retailer-arcadia-group-owner-of-topshop-files-for-bankruptcy.htmlBritish retailer Arcadia Group, owner of Topshop, files for ...
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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
Arcadia Group, the parent company of Topshop, a clothing chain in Britain, said it needed bankruptcy protection because lockdowns have had a “material impact” on its business....
Jul 16, 2021 · As part of Arcadia Group’s liquidation proceedings, rich pickings for private individuals might be thin on the ground due to the debt owed to HMRC, but other similar retail collapses could offer unique opportunities to scoop up IP, assets and floorspace for fresher opportunities.
Nov 30, 2020 · Meanwhile on the high street, Arcadia’s brands were undercut on price by the likes of Primark and faced an onslaught of competition as H&M and Zara expanded in the UK. His own attempts to open ...
- Jonathan Eley
Feb 13, 2021 · The group warned it could collapse if landlords did not back a rescue plan involving closing 50 stores and rent cuts. The plan was approved after landlords were promised a 20% stake in any sale of ...
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...
Nov 30, 2020 · On Sunday, a senior source at Arcadia Group told the BBC's business editor Simon Jack: "We tried to save it a year ago when £200m was put into the business and the pension fund, but it's...
