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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 · In 2015, it was the fourth-biggest fashion retailer, but this year it has fallen to 10th place, falling by 1.8% to hold just 2.7% of the market, research firm GlobalData reports. Competition on price is another factor in the Arcadia Group’s decline. Topshop and its sister brands sit firmly in fashion’s squeezed middle.
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 ...
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 · 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 ...
Nov 30, 2020 · Philip Green’s Arcadia group on brink of collapse putting thousands of jobs at risk For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign ...
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Dec 1, 2020 · Sky News exclusively revealed on Friday the group was on the brink of going into administration following the failure of talks over a £30m loan to help offset a coronavirus cash bleed.
