High Street
Arcadia collapsed owing creditors £750m
Topshop’s outstanding gross liabilities stand in excess of over £550m
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2021/01/Topshop_and_Topman-e1519033942777-780x470-1-780x470.jpg?lossy=1&strip=1&webp=1)
Philip Green’s retail empire, Arcadia, reportedly fell into administration while owing its creditors £750m.
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