Arcadia Group
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Global retail staff and salary reductions amid Covid-19 – Update
As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:
The CEO of Arcadia Group's Topman and Topshop brands, Paul Price, has resigned after two years at the helm.
Topshop names Ridley Whittle as new fashion director
UK high street fashion chain Topshop has named former M&S buying director of womenswear, Gillian Ridley Whittle, as its new fashion director.
Topshop & Topman blamed for Arcadia's fall from grace
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
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
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
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
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.
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?
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
"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
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
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
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.
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