Tag : Arcadia Group
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.
Sir Philip Green sells former BHS HQ Subscription
Sir Philip Green has sold the former BHS headquarters in London as his retail empire struggles with tumbling sales and rising property costs, it has been reported.
Karren Brady exits Arcadia ownerSubscription
Karren Brady, non-executive chairman of Taveta, parent company of Arcadia Group, and Sharon Brown, non-executive director, have resigned from the board.
Arcadia’s credit insurance 'to be cut' again Subscription
Credit insurers are reportedly planning to cut cover for Arcadia Group for the second time, amid continued tough trading conditions on the high street.
Arcadia 'sales slump'Subscription
Sales at Arcadia Group have reportedly fallen by 16.6% year on year in the three months to 18 November.