Tag : Arcadia
Coronavirus: Arcadia seeks £50m funding Subscription
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.
Tensions mounted in the industry this week, as the number of retailers cancelling orders and delaying supplier payments escalated, and suppliers warned that the coronavirus pandemic could have a massive financial impact.
Coronavirus: Arcadia to defer pension paymentsSubscription
Sir Philip Green’s Arcadia Group is planning to defer a series of contributions into its pension scheme in a bid to conserve cash through the coronavirus crisis.
As retailers today face the quarter-year rent deadline, Drapers provides a rundown of the rent concessions requests already put to landlords as a result of the coronavirus crisis.
More Arcadia stores to close Subscription
Arcadia Group is to close 10 further stores across the UK in the coming three months.
M&S poaches another Arcadia directorSubscription
Topshop trading director Helen Wilson is to join Marks & Spencer as head of merchandising for womenswear following her departure from the Arcadia Group.
Arcadia at a Christmas crossroads Subscription
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
Paul Price resigns as Topshop CEOSubscription
Topshop and Topman chief executive Paul Price has resigned after just over two years in the role.
Accountant chair 'gives clue to Arcadia direction' Subscription
Industry experts have hailed the appointment of Andrew Coppel as Arcadia’s new chairman as an “excellent” decision, as he brings a “totally fresh pair eyes” to the struggling group.
Updated: Arcadia names new chairmanSubscription
Sir Philip Green’s Arcadia Group has appointed Andrew Coppel as its new chairman, following a turbulent year for the embattled retail empire.