Sir Philip Green’s TopShop empire Arcadia Group ‘faces collapse within days’

Sir Philip Green’s TopShop empire Arcadia Group ‘faces collapse within days’ putting 15,000 jobs at risk By Faith Ridler For Mailonline Published: 10:38 GMT, 27 November 2020 | Updated: 10:52 GMT, 27 November 2020 Sir Philip Green’s TopShop empire could face collapse within a matter of days, reports claimed today, putting more than 15,000 jobs … Read more

Topshop empire in talks to raise £30m from lenders

Company behind Topshop and Dorothy Perkins in talks to raise £30m from lenders By Neil Craven, Financial Mail on Sunday Published: 21:51 GMT, 14 November 2020 | Updated: 23:23 GMT, 14 November 2020 The company behind Topshop and Dorothy Perkins is in talks to raise £30million from lenders.  The extra cash will help bolster Arcadia … Read more

Shops like Currys, H&M and Topshop have stacks of stock to flog so now is the time to bag a bargain

No one knows what Britain’s High Street will end up looking like once the coronavirus pandemic subsides. Oasis and Warehouse look set to fall into the hands of administrators imminently, putting 2,300 jobs on the line, while the likes of Debenhams and Cath Kidson remain on the brink. Many of Britain’s retailers, and particularly those … Read more

Topshop and Dorothy Perkins owner Arcadia is ‘preparing to close a huge number’ of its 550 stores

Topshop and Dorothy Perkins owner Arcadia is ‘preparing to close a huge number’ of its 550 stores as coronavirus lockdown decimates Britain’s high streets – as Debenhams faces administration Arcadia has reportedly called in accountants  from Deloitte due to the shutdown It has already furloughed 14,500 of its 16,000 staff members during the crisis Debenhams … Read more

Topshop and Next scrap minimum spends and offer FREE home deliveries

Fashion brands are facing criticism today after offering customers free delivery, potentially putting delivery drivers at risk of contracting coronavirus.  High street giants Topshop, Currys PC World and Next are assuring customers their online businesses remain open, with all home deliveries and returns now free.  Chains including John Lewis, H&M, Debenhams and Boux Avenue are … Read more

Topshop closes its stores as furious employees claim they have been laid off

Topshop employees say they have been laid off after the Arcadia Group closed its 300 UK stores an hour before the government announced its coronavirus job retention plan. The group owned by billionaire Sir Philip Green said in an emailed statement: ‘In line with many other retailers, the Group has made the difficult decision to … Read more

Death of boy, 10, killed by barrier at Topshop ruled as accident

Death of boy, 10, who was killed by falling barrier at Topshop store was an accident, jury rules Kaden Reddick was with his mother and siblings at a Reading shopping centre He was swinging on a queue barrier in Topshop when the structure collapsed  A post-mortem found he suffered ‘complete fracture of his skull and facial … Read more

FTSE LIVE: NSF shelves hostile Provident bid; Landlords to vote on Topshop CVA

FTSE CLOSE: NSF shelves hostile bid for Provident; Landlords to vote on Topshop rescue deal; Card Factory bemoans tough High Street conditions Vote on Arcadia by shop landlords delayed until June 12 Non-Standard Finance has called off its £1.3billion bid for rival Provident  Card Factory saw sales rise but said conditions on the High Street … Read more