Tag : Arcadia
Green to close Miss Selfridge flagshipSubscription
Sir Philip Green will close Miss Selfridge’s flagship on London’s Oxford Street this July, as Arcadia shifts the brand’s focus to a wholesale, concession and online model.
Lord Hain lists Sir Philip Green abuse allegations Subscription
Lord Hain detailed alleged abuse claims about Arcadia Group owner Sir Philip Green under parliamentary privilege at the House of Lords today.
Arcadia was once the most powerful player on the high street.
Landlords clash with Arcadia over restructuringSubscription
Landlords are dragging their heels over Arcadia Group’s restructuring and are calling for a “formal and transparent” company voluntary arrangement (CVA) proposal, industry sources have told Drapers.
Arcadia restructuring details revealedSubscription
Arcadia Group’s restructuring could be announced as early as this week, and could potentially include the sale of its international businesses and the closure of nearly 60 Arcadia stores.
Sir Philip Green’s fortune halves in a yearSubscription
Sir Philip Green’s fortune has dropped by £1.05bn to £950m in a year, as high street turbulence takes its toll on the Arcadia retail empire.
Arcadia restructuring: who holds the power?Subscription
As the business world awaits Arcadia Group’s imminent restructuring, Drapers spoke to industry experts to find out who is calling the shots in the negotiations.
Landlords are likely to set a precedent with a hardball approach to Arcadia’s expected company voluntary arrangement (CVA), as they grow increasingly frustrated with retail restructurings, property sources have told Drapers.
Landlords join forces over Arcadia CVASubscription
A group of landlords including British Land and Hammerson is reported to be hiring advisers to negotiate better terms from the impending Arcadia Group company voluntary arrangement (CVA).
Sir Philip Green has pledged to invest £100m in Arcadia Group, in a final attempt to secure landlord and creditor support for its imminent restructuring, it has been reported.