Tag : Arcadia Group
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.
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.
Arcadia ends fixed-term contracts earlySubscription
Arcadia Group has written to employees on fixed-term contracts to inform them that it will be ending their agreements early.
Arcadia furloughs head office staff Subscription
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.
Arcadia makes senior digital hiresSubscription
Arcadia has made three senior appointments to its digital team, as the group seeks to accelerate its digital growth strategy.
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 sale speculation sparks debateSubscription
Sir Philip Green’s Arcadia Group has found itself under further scrutiny this week after speculation about a possible sale – which Green dismissed as “totally false”.
Arcadia 'sales slump'Subscription
Sales at Arcadia Group have reportedly fallen by 16.6% year on year in the three months to 18 November.
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.
Arcadia targets wholesale growth in GermanySubscription
Arcadia Group is turning to German-speaking countries for a boost in sales, as evidenced by a prominent presence at Berlin trade show Panorama last week.