Tag : Wallis
Sir Philip Green’s Arcadia Group has written to suppliers to inform them that it will be cancelling all orders and extending payment terms, in a bid to protect the business during the coronavirus outbreak.
Arcadia's future 'up in the air' as Shepherd exits Subscription
Industry sources have questioned the future of Arcadia Group after its “henchman” David Shepherd decided to step down as chief operating officer, marking the end of the position at the business.
Debenhams hires ex-Wallis buying directorSubscription
Debenhams has appointed former Wallis buying director Monica Wahla as buying director for womenswear from 18 June.
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.
Sir Philip Green is drawing up restructuring plans to save his ailing Arcadia Group empire, but industry insiders have told Drapers the business is not sustainable in its current state, and selling the brands that are thought to be underperforming is the only way to revive its fortunes.
Philip Green launches ‘review’ of Arcadia Subscription
Sir Philip Green has reportedly launched a review of Arcadia Group and hired advisers from Deloitte to explore a raft of store closures.
Arcadia sale speculation sparks debateSubscription
Sir Philip Green’s Arcadia Group has found itself under further scrutiny this week after speculation about a possible sale – which Green dismissed as “totally false”.
Manchester’s Arndale are currently work with their retailers on their new concept “The Denim Surgery”.