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.
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Jan- 2021 -4 JanuaryHigh Street
Arcadia to offload flagship Topshop store
Arcadia Group has announced that Eastdil and Savills have been hired to oversee the sale of retail chain Topshop’s flagship store in central London. According to Sky News, Eastdil will reportedly handle the sale strategy for the building, whilst Savills will advise on future leasing options. It comes after the…
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Dec- 2020 -21 DecemberClothing & Shoes
City Chic Collective acquires Arcadia’s Evans for £23m
City Chic Collective has announced it has entered into a binding asset purchase agreement to acquire the Evans retail brand for £23.1m which will be completed on 23 December 2020. The group said it will also receive the benefit of a transitional services arrangement in connection with the Evans e-commerce…
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14 DecemberClothing & Shoes
US group eyes Arcadia and Debenhams takeover
Authentic Brands, the US owner of New York department store brand Barneys, is reportedly eyeing a double takeover of Debenhams and Arcadia Group, according to the Telegraph. The retail group has reportedly entered discussions with the administrators of both businesses, placing chairman Jamie Salter in “direct competition” with Mike Ashley,…
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11 DecemberClothing & Shoes
Administrators place £200m price tag on Topshop
Administrators for Arcadia are reportedly seeking a price tag of £200m for the firm’s Topshop brand and are looking to agree a deal before Christmas. According to The Guardian, administrators Deloitte are expecting to receive initial bids for the brand by the end of next week (18 December). Online retailer…
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7 DecemberDepartment Stores
Frasers Group in Debenhams takeover talks
Mike Ashley’s Frasers Group has entered discussions involving a possible takeover of Debenhams, the group confirmed today. It comes as Debenhams collapsed into administration last week, placing 12,000 jobs at risk, after talks with JD Sports over a potential rescue deal failed. The department store chain will continue to trade…
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3 DecemberClothing & Shoes
Arcadia brings forward pension fund payment
The owner of Arcadia, Lady Christina Green, is set to bring forward a payment of £50m that will go into the collapsed group’s pension scheme. The £50m installment was originally scheduled to be paid in September of next year, but has been brought forward in light of the retailer’s collapse…
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2 DecemberHigh Street
Bonmarche calls in administrators, 1,500 jobs at risk
Bonmarche has collapsed into administration for the second time this year, placing 1,500 jobs at risk. Damian Webb and Gordon Thomson of RSM have been appointed as joint administrators of the store, with the “intention to continue to trade” while options for the company were explored. In a statement the…
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1 DecemberClothing & Shoes
Debenhams to be wound down, 12,000 jobs at risk
Embattled department store chain Debenhams is to be wound down, placing 12,000 jobs at risk, after talks with JD Sports over a potential rescue deal failed. The business will continue to trade through its 124 UK stores, as well as online. If it does not receive any alternative offers from…
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1 DecemberDepartment Stores
Debenhams fears collapse as JD exits rescue talks
JD Sports has confirmed it has pulled out of rescue deal talks for Debenhams earlier today (1 December). The sports retailer is said to have been closing in on a deal up until the end of last week and was the firm’s last remaining bidder, which is in administration. Retail…
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Nov- 2020 -30 NovemberComment
Arcadia Collapse: What went wrong?
Once a titan of UK retail, the collapse of Arcadia 10 years ago would have come as a shock to everyone on the high street, whereas in 2020, the road to its demise has been mapped for some time and has now finally reached its end – with its rivals…
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