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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
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“Whatever happens to the group, the Green family must make good the deficit in the Arcadia pension fund,” he said. For now, Arcadia’s stores are expected to continue trading through the ...
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 ...
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 ...
Nov 30, 2020 · The Company can confirm that it has made an offer and provided draft terms to the Arcadia Group for a loan of up to £50 million and is now awaiting a substantive response.
