Tag : Arcadia
Arcadia CVA pushed throughSubscription
Arcadia creditors have approved all seven of the group’s company voluntary arrangement (CVA) proposals.
Intu to vote against Arcadia CVA Subscription
Landlord Intu Properties has said it will oppose Arcadia Group’s company voluntary arrangement (CVA) at the postponed creditors’ meeting tomorrow.
Arcadia suppliers fear big lossesSubscription
Arcadia Group suppliers fear they will not be paid the millions of pounds owed to them if the retailer’s company voluntary arrangement (CVA) proposals are not voted through next week, Drapers has learned.
CVAs leave 850 empty shopsSubscription
More than 850 stores totalling 6 million sq ft of retail space has become vacant as a result of company voluntary arrangements (CVAs) in the past 18 months, new data from commercial property agency Colliers International has found.
Inside Arcadia's 'farcical' CVA meeting Subscription
Arcadia Group’s company voluntary arrangement (CVA) has been branded a “farce” by landlords after the process was suspended at yesterday’s creditors’ meeting, Drapers has learned.
Landlord pushback delays Arcadia CVA voteSubscription
Arcadia Group has adjourned today’s creditors’ meeting until next week in order to “conduct further dialogue with a few landlords” with a view to securing a final decision in favour of its company voluntary arrangement (CVA) proposals.
Sir Philip Green and his family will give Arcadia Group’s pension scheme an additional £25m cash injection, helping to clear the way for a restructuring of the struggling retail empire.
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.
Topshop to launch on AsosSubscription
Arcadia boss Sir Philip Green is preparing to invest £135m in a makeover of its brands, which include Topshop, Topman, Dorothy Perkins and Miss Selfridge, as he battles to save the high street empire.
Sir Philip Green has offered a further £185m from property assets to help reduce Arcadia Group’s pension deficit, in an effort to win approval for its company voluntary arrangement (CVA).