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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
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 ...
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.
Sep 3, 2021 · While nearly all of Arcadia’s $255 million (£185 million) in secured pension debt has been repaid, around $452 million (£327.6 million) is not secured and will be repaid as part of Arcadia’s ...
Feb 13, 2021 · Green bought Arcadia Group for £850m in 2002 and banked a £1.2bn dividend three years later, which remains one of the biggest pay cheques in corporate history, leaving the company with less to ...
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. After the group’s administration on Monday night ...
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Is Philip Green's Arcadia bankruptcy nearing its end?
What happens to Arcadia's pensions after the collapse?
How much of Arcadia's debt will be repaid?
How did Arcadia Group recover £250 million?
Jul 14, 2021 · Arcadia Group head office assets up for sale The HMRC is likely to be main the main beneficiary, although it will not receive the full £44 million it is owed. Mazars’ liquidation process could ...
