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Tag : Arcadia

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  • topshop ted baker

    Ted Baker hires global creative directorSubscription

    News20 May 2020

    Ted Baker has poached Arcadia Group’s Anthony Cuthbertson for the new role of global creative director. 

  • furlough index

    The fallout from furloughSubscription

    Features30 April 2020

    More than 6 million workers have been have been put into the Coronavirus Job Retention Scheme. What are the prospects for those in fashion retail to return to work?

  • Factory delivery shutterstock 171247949

    Comment: Retailers and brands must #PayUpSubscription

    Comment9 April 2020

    One supplier has called for retailers and brands to pay up for cancelled goods. The author has asked to remain anonymous. 

  • topshop westfield stratford city

    Coronavirus: Arcadia seeks £50m funding Subscription

    News9 April 2020

    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.

  • topshop topman

    Suppliers warn of coronavirus cancellation ‘armageddon’Subscription

    News1 April 2020

    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. 

  • Philip green 2008

    Coronavirus: Arcadia to defer pension paymentsSubscription

    News30 March 2020

    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. 

  • high street shoppers regent street

    Coronavirus rent concessions: who's asked for whatSubscription

    News25 March 2020

    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. 

  • Topshop topman york march 2018 shutterstock 1052904074

    More Arcadia stores to close Subscription

    News17 January 2020

    Arcadia Group is to close 10 further stores across the UK in the coming three months. 

  • Ms westfield 041108

    M&S poaches another Arcadia directorSubscription

    News16 January 2020

    Topshop trading director Helen Wilson is to join Marks & Spencer as head of merchandising for womenswear following her departure from the Arcadia Group. 

  • Topshop store

    Arcadia at a Christmas crossroads Subscription

    News11 December 2019

    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 

  • 3084529 topshop

    Paul Price resigns as Topshop CEOSubscription

    News10 December 2019

    Topshop and Topman chief executive Paul Price has resigned after just over two years in the role. 

  • Andrew Coppel Arcadia Chairman

    Accountant chair 'gives clue to Arcadia direction' Subscription

    News22 November 2019

    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.

  • Topshop bracknell

    Updated: Arcadia names new chairmanSubscription

    News21 November 2019

    Sir Philip Green’s Arcadia Group has appointed Andrew Coppel as its new chairman, following a turbulent year for the embattled retail empire.

  • topshop

    Christmas deadline looms for Topshop loanSubscription

    News4 November 2019

    Sir Philip Green is said to be in a race to raise more than £300m, as a Christmas deadline to repay a loan secured against Topshop’s flagship store on London’s Oxford Street fast approaches. 

  • 3084529 topshop

    Depth of Arcadia losses revealed Subscription

    News6 September 2019

    Embattled Arcadia Group has reported an operating loss of £138m for the 53 weeks to 1 September 2018, admitting it could require additional financing to deliver its turnaround.  

  • topshop

    Arcadia interim chairman steps downSubscription

    News4 September 2019

    Arcadia Group interim chairman Jamie Drummond-Smith has stepped down from his role at the business.

  • topshop

    Arcadia brand split ‘would give focus’Subscription

    News2 September 2019

    Industry sources have backed the rumoured separation of Arcadia’s brands, and say the proposition would allow the group to remain competitive.

  • Topshop topman york march 2018 shutterstock 1052904074

    Arcadia COO David Shepherd exitsSubscription

    News2 September 2019

    Arcadia Group’s chief operating officer David Shepherd has stepped down from his role, after more than 25 years at the company. 

  • topshop

    Arcadia close to deal with US landlordsSubscription

    News19 August 2019

    Sir Philip Green is reported to be close to a resolution of the legal challenges brought against his Arcadia Group’s company voluntary arrangement by two US landlords.  

  • topshop

    Arcadia Group CVAs challenged Subscription

    News16 July 2019

    Arcadia Group has received applications from US property group, Vornado, to challenge two of its company voluntary arrangements (CVAs). 

  • topshop datedash

    Topshop launches digital dating programme Subscription

    News9 July 2019

    Topshop has launched a digital dating programme called “Date Dash”, as part of its new creative campaign. 

  • 4

    Topshop Beauty shifts focus Subscription

    News28 June 2019

    Topshop has had a change in direction for its beauty range, as it moves away from retail and begins to wholesale its products with etailers Very and Zalando, Drapers understands.

  • topshop

    American landlords question Arcadia debtSubscription

    News24 June 2019

    American landlords have questioned why Arcadia Group’s debts to certain suppliers fluctuated at the time of the second vote on the group’s company voluntary arrangement, potentially lessening landlords’ power to block it. 

  • Miss selfridge

    Miss Selfridge head of merchandising departs for BoohooSubscription

    News21 June 2019

    Miss Selfridge’s head of merchandising, James Linsell, has left Arcadia Group to join Boohoo in the same role. 

  • topshop

    US landlords file legal challenge against Arcadia Subscription

    News17 June 2019

    A group of US landlords have reportedly filed a legal challenge against Topshop’s liquidation in America, in a bid to recoup some of their losses, which they claim to be in excess of £100m. 

  • Monsoon

    Landlords seek 30% equity in Monsoon Subscription

    News14 June 2019

    Landlords are seeking up to a 30% equity stake in Monsoon in return for backing any company voluntary arrangement (CVA) proposals, Drapers has learned.

  • Topshop aw19

    Arcadia to axe 170 head office jobsSubscription

    News14 June 2019

    Arcadia is to cut 170 head office roles as Sir Philip Green battles to turn around its fortunes.

  • Topshop topman york march 2018 shutterstock 1052904074

    Landlord face-off 'saved Arcadia jobs and pensions'Subscription

    News13 June 2019

    The tough stance taken by some Arcadia Group landlords forced owner Sir Philip Green to invest more in the business to ensure the controversial company voluntary arrangement (CVA) passed, industry experts have claimed.

  • topshopstrand

    Suppliers split on Arcadia strategySubscription

    News13 June 2019

    Although Arcadia Group suppliers agree that yesterday’s approval of its company voluntary arrangement (CVA) was a “fantastic” result, they are divided over whether product or property is the cause of the retailer’s woes.

  • Miss selfridge

    Landlords ‘feared alternatives’ to Arcadia CVASubscription

    News12 June 2019

    Several Arcadia landlords felt forced into accepting the group’s controversial company voluntary arrangement (CVA), to stave off the threat of its collapse into administration.

  • Dp2

    Arcadia CVA pushed throughSubscription

    News12 June 2019

    Arcadia creditors have approved all seven of the group’s company voluntary arrangement (CVA) proposals.

  • Topman feb 2018

    Intu to vote against Arcadia CVA Subscription

    News11 June 2019

    Landlord Intu Properties has said it will oppose Arcadia Group’s company voluntary arrangement (CVA) at the postponed creditors’ meeting tomorrow.

  • dorothy perkins

    Arcadia suppliers fear big lossesSubscription

    News7 June 2019

    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.

  • Shop closing

    CVAs leave 850 empty shopsSubscription

    News6 June 2019

    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.

  • County hall shutterstock 573791767

    Inside Arcadia's 'farcical' CVA meeting Subscription

    News6 June 2019

    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.

  • topshop trafford center

    Landlord pushback delays Arcadia CVA voteSubscription

    News5 June 2019

    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. 

  • Philip Green

    Sir Philip Green agrees deal with Pensions RegulatorSubscription

    News5 June 2019

    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.

  • topman topshop

    Can the Arcadia empire strike back?Subscription

    News4 June 2019

    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 fw18 wsw 02

    Topshop to launch on AsosSubscription

    News31 May 2019

    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.

  • philip green cropped for web

    Green offers £185m to reduce Arcadia pension debtSubscription

    News29 May 2019

    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). 

  • Sir Philip Green

    Green to close Miss Selfridge flagshipSubscription

    News28 May 2019

    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.

  • parliament

    Lord Hain lists Sir Philip Green abuse allegations Subscription

    News23 May 2019

    Lord Hain detailed alleged abuse claims about Arcadia Group owner Sir Philip Green under parliamentary privilege at the House of Lords today. 

  • Keely cropped for web

    Editor's Comment: Hard lessons for the once-mighty ArcadiaSubscription

    Comment23 May 2019

    Arcadia was once the most powerful player on the high street. 

  • Evan in glasgow may 2019 from eric

    Landlords clash with Arcadia over restructuringSubscription

    News22 May 2019

    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.

  • 3056110 topman topshop

    Arcadia restructuring details revealedSubscription

    News20 May 2019

    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. 

  • Philip Green

    Sir Philip Green’s fortune halves in a yearSubscription

    News13 May 2019

    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.

  • topshop trafford center

    Arcadia restructuring: who holds the power?Subscription

    News7 May 2019

    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. 

  • 3056110 topman topshop

    Landlords gear up to challenge expected Arcadia CVASubscription

    News3 May 2019

    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.

  • Topshop slide

    Landlords join forces over Arcadia CVASubscription

    News3 May 2019

    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).

  • Arcadia's Sir Philip Green

    Sir Philip Green promises £100m investment for ArcadiaSubscription

    News2 May 2019

    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.

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