New reports have stated that Arcadia Group’s pension trustees are close to securing a deal to ensure its retirement scheme payments are pushed through two years after the company collapsed. According to Sky News, pension trustees of the former Topshop owner are in detailed discussions with insurance company Pension Insurance Corporation (PIC)...
Aug 9, 2022
Authentic Brands, the parent company that bought Barneys and Forever 21 when they collapsed into bankruptcy, is eyeing British fashion giants Arcadia Group and Debenhams. A report by the Telegraph said the American retail giant is in discussions with both administrators, which sees the UK businesses continue to trade despite the risk of 25,000...
Dec 14, 2020
Frasers Group, the owners of Flannels, Sports Direct, and Jack Wills, has said they are eyeing Arcadia Group, the owner of Topshop. Frasers Group is owned by billionaire Mike Ashley. While Topshop was once their rival, they have offered their competitor an emergency loan of 50 million pounds. It has been reported that Arcadia Group could enter...
Nov 30, 2020
Once the king of the high street, Topshop parent company Arcadia would be the biggest corporate collapse during the time of the pandemic if it goes into administration. With its 500 store portfolio its closure would create giant craters in the high street leaving unfillable gaps. Questions about what will happen to Arcadia’s 350 million pound...
Arcadia has reportedly separated the logistics operations for Topshop and Topman from the rest of the group’s fashion brands. The Philip Green-owned group has opened a new automated warehouse dedicated to processing orders for Topshop and Topman in Daventry, Northamptonshire, according to The Times. Topman orders are reportedly already being...
Oct 28, 2019
Shop Direct has added Arcadia Group-owned Topshop and Topman to its portfolio of more than 500 fashion brands. The company, which owns Very.co.uk and Littlewoods.com, is offering around 500 product lines, spanning clothing, footwear, accessories, maternity, petite and tall - this will expand to around 2,000 during AW19. It will also become the...
Aug 26, 2019
James Linsell has left his role as head of merchandising for the Arcadia Group's Miss Selfridges to join Boohoo in the same role. Linsell had spent seven years with the Arcadia Group, first as a senior merchandiser before being promoted to head of merchandising in 2018. Linsell's departure from the Arcadia Group occurs amidst a time of struggle...
Jun 24, 2019
Fashion Network has reported that Vornado, a U.S. landlord, has raised questions over Phillip Green and his Arcadia Empire over the manipulation of a CVA vote by increasing its debt owed to suppliers. Arcadia Group just narrowly escaped collapse last week when its unsecured creditors voted to approve a company voluntary agreement. Arcadia Group...
Can Sir Philip Green save his retail empire? A vote that would see the Arcadia Group secure a deal to close 48 stores resulting in 1000 job losses, has been postponed until next week. The landlords of Arcadia's various retail portfolio rejected the initial plan and will “conduct further dialogue” said the BBC. Ian Grabiner, chief executive of...
Jun 6, 2019
American popstar Beyoncé has joined forces with German sportswear label Adidas. She will be a creative partner for the brand, helping them to design new products in the footwear and apparel categories. She will also re-launch her athleisure label Ivy Park with Adidas, after parting ways with former partner Arcadia Group in November, following...
Apr 4, 2019
Retail mogul Sir Philip Green is reportedly considering offering landlords shares of up to 20 percent in Arcadia Group to win support for his ongoing restructuring plans. According to The Sunday Times, Green’s advisers are considering offering the shares in his retail empire, which owns brands Topman, Topshop, Miss Selfridge, Dorothy Perkins,...
Apr 1, 2019
