UK: Green Pays Back £808m Arcadia Loan
High-street entrepreneur Philip Green has paid back the £808 million he borrowed two years ago to buy retail group Arcadia.
The payback will allow Green, who bought Arcadia for £850m, to take millions of pounds worth of dividends from the group - which includes chain stores such as Dorothy Perkins, Topshop and Burton - to strengthen his market position.
Green, who made several unsuccessful takeover bids for high-street giant Marks & Spencer earlier this year, last week pocketed a £40 million dividend from his Bhs retail group.
Help test our new apparel sourcing tool.
What is fast fashion and is it really any different to supply chain management or quick response? This article is an edited version of an interview given by retail consultant Malcolm Newbery to Dr Liz...
After a couple of months' intensive lobbying and mind-changing in Beijing, Washington and Brussels, we're pretty close to seeing what the regulatory background is going to be for global apparel tradin...
The term 'wearable electronics' refers to the reliable, robust implementation of microelectronic circuits into innovative textiles or garments ('smart clothes') in a way that is suitable for everyday ...
Speakers at this year's ASBCI conference defined the changing landscape of global sourcing and spelt out sourcing options in new world of open trading. They agreed that branding, product differentiati...
The UK middle market in clothing could soon cease to exist according to new research. The traditional mass market is being squeezed by value-led retailers on the one hand and smaller fashion multiples...
Finding attractive clothing in larger sizes is still problematic for consumers a new market report has found. But with the UK market for plus-size fashion expected to grow by 6 per cent during 2005 ca...
Kangol Ltd is to sell its women's wear through retailer Topshop in the UK, appointing designer Markus Lupfer to design the new collection....
Retail group Arcadia said it will upgrade its e-commerce platform with a five-year IBM contract....
- Hard hit Turkish industry is not knocked out
- China leads US apparel sources with falling prices
- "Power of the many" drives change at Otto Group
- Vietnam grows share of US apparel imports in 2016
- US apparel sector braces for potential cost hikes
- US Q4 in brief – Foot Locker, Nordstrom, Carter's
- Bangladesh crackdown has cost garment sector $100m
- Inditex and H&M boycott Dhaka Apparel Summit
- Macy's will "do the right thing", says Lundgren
- JC Penney to close 140 stores amid lower sales
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022