Arcadia
This coverage examines the rise and collapse of the Arcadia Group and its impact on the UK retail landscape. Reporting focuses on the company’s store portfolio, brand management (including Topshop, Burton, Dorothy Perkins, Miss Selfridge and more), pivotal business decisions, administration process, and asset sales. Insight is tailored for retail executives, managers, and advisers seeking lessons in legacy brand management, crisis response, and evolving high‑street dynamics.
-
Nov- 2018 -15 NovemberClothing & Shoes
Beyonce cuts ties with Topshop following Philip Green allegations
Beyonce has bought Philip Green out of the athleisure clothing line Ivy Park which was co-founded by Topshop, meaning the brand will no longer be sold in the store. The announcement of the collaboration was first announced in 2014 and in 2016, the range was launched in Topshop stores worldwide.…
Read More » -
13 NovemberGovernment
EU rules could ‘thwart’ Hammond’s business rates promise
Hammond’s plan to help high streets through a near £1bn, two year business rates cut, is set to be thwarted by European Union state aid rules, real estate agents Altus Group have claimed. The chancellor will slash business rates next April by discounting bills by a third for those retail…
Read More » -
9 NovemberClothing & Shoes
Fast fashion brands called before Parliament
A number of online only fashion retailers have been asked to give evidence as part of the Environmental Audit Committee’s inquiry into the sustainability of the fashion industry. The chair of the committee has written letters to ASOS, Boohoo, PrettyLittleThing, Amazon and Missguided, published today (9 November), to the online…
Read More » -
Oct- 2018 -25 OctoberGovernment
Philip Green named as man facing #MeToo allegations
Retail billionaire and Arcadia Group owner Philip Green has been named in Parliament as the man facing newspaper allegations of sexual harassment. Green was named by Lord Peter Hain who said he felt a “duty” to name Green under the protection of parliamentary privilege after being contacted by someone “intimately…
Read More » -
5 OctoberGovernment
MPs launch inquiry into top fashion retailers
Some 10 of the UK’s leading fashion retailers have been asked to submit evidence on the steps being taken to reduce social and environmental impact. The chair of the Environmental Audit Committee Mary Creagh MP has written to the chief executives of a number of retail chains. This includes Asda,…
Read More » -
2 OctoberDepartment Stores
Debenhams merchandising director leaves amid trouble with insurers
Debenhams merchandising director Adele Calderwood has reportedly stepped down following yesterday’s news that the company’s insurers had pulled out. Calderwood, who joined the company from Arcadia in 2004 and worked for the retailer for 14 years, will now depart according to reports by Drapers. Debenhams told Retail Sector it had…
Read More » -
Aug- 2018 -10 AugustHigh Street
Arcadia terminates contract with Chinese partner Shangpin
Philip Green, owner of the Arcadia retail empire, has scrapped an expansion deal with Chinese franchise partner, Shangpin, that would have seen 80 stores open in the country. A spokesperson for Topshop Topman said the groups “have reached a mutual agreement to an early termination”, and have “enjoyed a successful…
Read More » -
Jul- 2018 -2 JulyDepartment Stores
Philip Green’s company fails to block BHS audit report
The parent company of Philip Green’s Arcadia retail empire, Taveta Investments, has failed to impose an injunction on the publication of BHS’ audit reports. It was seeking an interim injunction before a judicial review of the report, but the High Court ruled in favour of the Financial Reporting Council (FRC)…
Read More » -
Jun- 2018 -21 JuneClothing & Shoes
Sir Philip Green seeks judicial review as PwC court battle kicks off
The former owner of BHS and current Topshop and Arcadia owner, Sir Philip Green, has requested a judicial review of the Financial Reporting Council’s (FRC) report into PwC’s handling of the retailer’s audit shortly after collapsed. As the hearing into the report prepares to be taken to the High Court…
Read More » -
May- 2018 -24 MayClothing & Shoes
Philip Green’s Arcadia records £10.9m loss
Topshop owner Arcadia Group – Philip Green’s retail empire – has recorded a loss of £10.9m in the year up to August 2017, starkly contrasting with last year when it profits were £59.4m. Accounts filed at Companies House showed the group also saw a 6% drop in sales down to…
Read More »
