Tag : Arcadia Group
Miss Selfridge reports £17.5m loss Subscription
Arcadia Group’s Miss Selfridge reported a £17.5m loss before tax for the year to 1 September 2018, compared with a loss of £4.2m in 2017.
Topshop/Topman £505m in the red Subscription
Sir Philip Green’s Topshop and Topman chains slumped to a pre-tax loss of £505m last year, as the chains were hit by one-off costs and falling sales.
Arcadia's future 'up in the air' as Shepherd exits Subscription
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.
Sir Philip Green is reportedly splitting up Arcadia Group into separate brands in the hope of selling them “over time”.
Arcadia to axe 170 head office jobsSubscription
Arcadia is to cut 170 head office roles as Sir Philip Green battles to turn around its fortunes.
Arcadia caves in to landlords on rents Subscription
Arcadia Group has revised the rent reductions set out in its company voluntary arrangement (CVA) proposals, in a bid to win landlord support.
Can the Arcadia empire strike back?Subscription
Once the darling of the high street, Sir Philip Green’s Arcadia Group has been battling dwindling sales, profits and footfall as shoppers move on to fast fashion, digital-native rivals.
Pension issues could derail Arcadia CVASubscription
The Pension Protection Fund could vote against Arcadia’s restructuring plans at a meeting due to be held later this week.
Arcadia reveals stores to close under CVASubscription
Arcadia Group has proposed seven company voluntary arrangements (CVAs) across its companies, which if approved would result in 23 UK store closures and the closure of all eleven Topshop Topman stores in the US.
Arcadia set for crunch CVA meeting Subscription
Directors from Arcadia will reportedly meet today to discuss plans for a Company Voluntary Arrangement (CVA), as Sir Philip Green seeks a rescue plan for his high street empire.