Greens on Le Magasin

Philip Green’s Arcadia United kingdom trend group falls into administration

Sat, 26 Dec 2020 15:46:12 +0000

LONDON (Reuters) – British tycoon Philip Green’s Arcadia fashion team has collapsed into administration, placing about 13,000 work opportunities at threat and starting to be the country’s greatest company casualty of the COVID-19 pandemic so significantly.

Deloitte claimed late on Monday it had been appointed Arcadia’s administrator and would seek out buyers for the group’s brands: Topshop, Topman, Dorothy Perkins, Wallis, Skip Selfridge, Evans, Burton and Outfit.

The group trades from 444 leased sites in the United Kingdom and 22 overseas.

Philip Green’s Arcadia British isles style group falls into administration

Fri, 11 Dec 2020 14:27:47 +0000

LONDON (Reuters) – British tycoon Philip Green’s Arcadia style group has collapsed into administration, putting over 13,000 careers at chance and becoming the country’s major company casualty of the COVID-19 pandemic so considerably.

Deloitte stated late on Monday it experienced been appointed Arcadia’s administrator and would seek potential buyers for the group’s manufacturers: Topshop, Topman, Dorothy Perkins, Wallis, Skip Selfridge, Evans, Burton and Outfit.

The team trades from 444 leased internet sites in the United Kingdom and 22 overseas.