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Tag : Sir Philip Green

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  • topshop westfield stratford city

    Coronavirus: Arcadia seeks £50m funding Subscription

    News9 April 2020

    Topshop owner Arcadia is seeking to borrow up to £50m against its distribution centre, in an effort to support the business through the current coronavirus crisis.

  • topshop

    Arcadia furloughs head office staff Subscription

    News2 April 2020

    Arcadia Group has furloughed nearly all head office employees across the group, and the board and senior leadership team will take a salary reduction of between 25%-50% amid the coronavirus crisis. 

  • topman

    Arcadia cancels orders and extends supplier paymentsSubscription

    News29 March 2020

    Sir Philip Green’s Arcadia Group has written to suppliers to inform them that it will be cancelling all orders and extending payment terms, in a bid to protect the business during the coronavirus outbreak.

  • Topshop store

    Arcadia at a Christmas crossroads Subscription

    News11 December 2019

    As Topshop CEO Paul Price resigns, and ahead of a slew of lease breaks and the Christmas deadline for the £310m loan repayment on its Topshop London flagship, the future of Arcadia Group looks as uncertain as ever 

  • Topshop bracknell

    Updated: Arcadia names new chairmanSubscription

    News21 November 2019

    Sir Philip Green’s Arcadia Group has appointed Andrew Coppel as its new chairman, following a turbulent year for the embattled retail empire.

  • topman

    Arcadia losses "worse than expected", say suppliersSubscription

    News6 September 2019

    Arcadia Group suppliers are concerned that the company’s operating losses for the 53 weeks to 1 September 2018 were “much worse” than anticipated. 

  • topman

    Arcadia's future 'up in the air' as Shepherd exits Subscription

    News3 September 2019

    Industry sources have questioned the future of Arcadia Group after its “henchman” David Shepherd decided to step down as chief operating officer, marking the end of the position at the business. 

  • 3084529 topshop

    Arcadia to 'separate' brands amid future sale rumoursSubscription

    News2 September 2019

    Sir Philip Green is reportedly splitting up Arcadia Group into separate brands in the hope of selling them “over time”.

  • topshop

    US landlords withdraw Arcadia CVA legal challengeSubscription

    News27 August 2019

    Two US landlords, Vornado and Caruso, have withdrawn their legal challenges against Arcadia Group’s company voluntary arrangements. 

  • topshop

    US landlords file legal challenge against Arcadia Subscription

    News17 June 2019

    A group of US landlords have reportedly filed a legal challenge against Topshop’s liquidation in America, in a bid to recoup some of their losses, which they claim to be in excess of £100m. 

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