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Philip Green reportedly preparing to break up Arcadia

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On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

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Arcadia boss Philip Green is preparing to break up the retail group prepare for a potential sale of the brands, according to a report from The Sunday Times.

The reports states that Green has begun “laying the groundwork to split and sell parts” of the company over a “period of time”.

According to the report, Arcadia has already started to “untangle shared functions” such as IT and HR for the break up, with the work being handled by CEO Ian Grabiner.

The retail group approved a company voluntary arrangement (CVA) in June, allowing it to restructure and close over 23 stores, and putting up to 1,000 jobs at risk.

Arcadia is also in talks with US property firms Vornado and Caruso, after it persuaded the firms to drop their legal challenge against the CVA, which will see all 11 Topman and Topshop stores in the US close.

Retail Sector has reached out to Arcadia for comment.

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