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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 · 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
“For the past few years, Arcadia and its brands have failed to be relevant to the demographics targeted by the respective brands, and Topshop in particular has lost much of its appeal to the ...
Nov 30, 2020 · Although the fall of the retail group puts 13,000 jobs at risk, there will be no immediate redundancies. ... Topshop, Burton and Dorothy Perkins owner Arcadia has gone into administration, putting ...
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Who bought Arcadia Group?
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 · Breaking: Deloitte appointed as administrators to Arcadia; No job losses today, but 13,000 at risk; Full story: Green’s career ends in failure ... If Arcadia Group does go into administration ...
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 ...
