Arcadia Group

Apparel and textile industry company news

Latest Articles

Topshop & Topman blamed for Arcadia's fall from grace Hannah Abdulla | 9 Oct 19

UK high street fashion chains Topshop and Topman are largely to blame for the fall from grace of parent Arcadia Group, say industry watchers, urging the company to prioritise a revamp of the "two-star players" in order to return to profitability.

Arcadia Group reveals extent of last year's losses Beth Wright | 6 Sep 19

Arcadia Group, owner of the Topshop and Miss Selfridge brands, swung to a massive loss last year, blaming the challenging global retail market for a slide in sales.

Arcadia Group shuts down brand-breakup rumour Hannah Abdulla | 3 Sep 19

Topshop-owner Arcadia Group has denied speculation it is looking at separating the brands ahead of a sale of them.

Arcadia Group avoids collapse as CVA gets green light Beth Wright | 13 Jun 19

Arcadia Group has avoided falling into administration after its creditors approved all seven of its Company Voluntary Arrangements (CVAs) – in a move that puts its 1,800 workers and extensive supplier base "on a much firmer footing."

Arcadia lowers rent reduction request ahead of CVA vote Beth Wright | 11 Jun 19

Retailer Arcadia Group has revised its rent reductions to a range of between 25%-50% as opposed to previous proposals of 30%-70% ahead of this week's creditors meeting.

Arcadia postpones CVA vote Beth Wright | 6 Jun 19

Retailer Arcadia Group has pushed back meetings with its creditors which will determine the fate of its company voluntary arrangement (CVA) proposals.

Arcadia Group CVA to close 23 stores – but is it enough? Beth Wright | 23 May 19

Retailer Arcadia Group, owner of the Topshop, Topman, Miss Selfridge, Burton and Dorothy Perkins chains, has today (23 May) announced plans for a company voluntary arrangement (CVA) that will see the company shutter 23 of its stores in the UK and Ireland.

Arcadia Group mulls options to boost business efficiency Hannah Abdulla | 1 Apr 19

Arcadia Group, owner of the Topshop and Miss Selfridge fashion brands, has confirmed it is mulling options for the business to "operate in a more efficient manner" – but says all payments are continuing to be made to suppliers as normal.

Arcadia Group in FY profit slip Michelle Russell | 24 May 18

Arcadia Group, owner of the Topshop and Miss Selfridge brands, saw earnings slide last year as the retail giant struggled in what has been a challenging period for the high street.

Arcadia, Gap, H&M and Inditex all ban mohair Michelle Russell | 2 May 18

Fashion retail giants Arcadia Group, Inditex, Gap Inc and Hennes & Mauritz (H&M) have all committed to ensuring their products are mohair-free following an investigation into the industry in South Africa by animal rights group PETA.

Arcadia latest to announce store management shake-up Beth Wright | 29 Jan 18

British retail group Arcadia has become the latest retailer to announce a leadership shake-up at its stores, confirming to just-style it is working to "restructure" its retail management across Topshop and Topman.

Arcadia squeezes suppliers with 2% discount Michelle Russell | 18 Jan 18

British retail group Arcadia has told its clothing suppliers it is imposing a discount on all current and existing orders from next month, blaming changes in the retail market.

Arcadia's new finance system to aid international growth Michelle Russell | 21 Nov 17

British retail group Arcadia has selected a new cloud-based financial software solution to help support international growth of its Topshop and Topman brands.

Topshop/Topman to relaunch in Australia Michelle Russell | 29 Aug 17

Fashion retailer Arcadia Group is to relaunch four Topshop/Topman stores in Australia just months after its franchise business fell into administration.

David Hagglund new Topshop/Topman creative chief Beth Wright | 21 Aug 17

Arcadia Group has appointed David Hagglund to the newly-created position of creative director for both Topshop and Topman.

Arcadia Group to launch first childrenswear brand Hannah Abdulla | 26 Jul 17

The Arcadia Group, owner of brands including Topshop and Miss Selfridge, has announced the launch of its first childrenswear brand, Outfit Kids, a move it says is in direct response to consumer demand for "stylish" and "good quality" fashion for children.

Karren Brady to chair Sir Philip Green's Taveta Investments Michelle Russell | 18 Jul 17

Baroness Karren Brady, one the UK's most high-profile business women, is understood to be taking up the role of chairman of Taveta Investments – a holding company for retail chains such as Topshop, Dorothy Perkins and Burton.

Topshop Australia closing five stores to save business Michelle Russell | 11 Jul 17

The administrators of fashion retailer Topshop Australia are closing five stores in a bid to try and save the business in the region.

Arcadia earnings slump on falling high street sales Michelle Russell | 8 Jun 17

Retail giant Arcadia saw its profits slump last year on the back of falling sales at its high street stores and the collapse of the BHS chain, which cost Sir Philip Green's retail empire GBP26.4m.

Topshop Australia placed into administration Michelle Russell | 25 May 17

Fashion retailer Topshop Australia has been placed into voluntary administration, putting its nine standalone stores, 17 Mya concessions and online business under review.

Arcadia faces supply chain disruption amid fresh strikes Michelle Russell | 15 Feb 17

Arcadia's Topshop, Miss Selfridge and Burton Menswear stores could face stock disruption later this month as logistics workers prepare for fresh industrial action with a two-day strike over wages.

Topshop supply chain workers strike over pay Michelle Russell | 8 Dec 16

Topshop owner Sir Philip Green may be in for a turbulent Christmas after the chain's supply chain workers in the UK voted for fresh industrial action.

Apparel brands "ignoring" refugee abuse in Turkey factories Michelle Russell | 25 Oct 16

The majority of large apparel brands are ignoring the "endemic" abuse of Syrian refugees in Turkish clothing factories supplying European retailers, a new report has found.

Sir Philip Green blamed for the collapse of BHS Michelle Russell | 25 Jul 16

"What kind of man is it who can count his fortune in billions but does not know what decent behaviour is?" The words of Rt Hon Frank Field MP, chair of the Work and Pensions Committee, will be stark reading for retail tycoon Sir Philip Green after British MPs today (25 July) published a damning report into the collapse of the BHS retail chain.

Arcadia joins UK sourcing event advisory board Katie Smith | 4 Dec 15

Sourcing and supply chain executives from Arcadia and Oasis have been appointed to join the advisory board of UK sourcing event Meet the Manufacturer to shape its future.

Arcadia focuses on supply chain as FY earnings climb Michelle Russell | 30 Nov 15

UK retail giant Arcadia Group said ensuring it has a well-audited supply chain will remain a priority as it revealed an increase in earnings for the full year, but a decline in like-for-like sales.

Concerns over Pakistan's garment sector safety Katie Smith | 16 Sep 15

Concerns have been raised over health and safety standards in Pakistan's garment sector, after the roof of a garment factory collapsed killing four workers and injuring 16 others.

FOCUS: Topshop suffers a setback in Japan Magdalena Kondej | 31 Mar 15

Topshop's bid to be a global player has suffered a setback in Japan, where the retailer shuttered its five stores earlier this year. Here Magdalena Kondej, head of apparel and footwear research at Euromonitor International, looks at the possible reasons why, and asks what happens next?

Arcadia sells BHS in "sensible strategic" move Katie Smith | 12 Mar 15

UK retailer Arcadia Group has sold its troubled department store chain BHS to Retail Acquisitions in a deal described by one analyst as a "sensible strategic" move.

Arcadia to explore BHS takeover offers Katie Smith | 26 Jan 15