Arcadia Group
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Boohoo buys rest of Arcadia brands in GBP25.2m deal
UK online fast fashion retailer Boohoo Group has acquired the Dorothy Perkins, Burton, and Wallis brands from retail giant Arcadia Group in a GBP25.2m (US$34.5m) deal that completes the transition of Philip Green’s former high street empire solely to the online channel.
Boohoo must revamp Arcadia brands for them to thrive – What the analysts say
As acquisitive Boohoo Group has moved to snap up the Dorothy Perkins, Burton, and Wallis brands from retail giant Arcadia Group in a GBP25.2m (US$34.5m) deal, one industry analyst notes the online fast fashion retailer must give these "tired" Arcadia brands attention for them to thrive
Asos to help Arcadia brands regain fashion authority – What the analysts say
As UK online fast-fashion retailer Asos swoops to acquire the Topshop, Topman, Miss Selfridge, and HIIT brands out of administration from retail giant Arcadia Group, industry analysts note the opportunity to grow the four brands globally and say Asos will give them the revival they need.
Boohoo Group in exclusive talks to buy Arcadia brands
UK online fast fashion retailer Boohoo Group has confirmed it is in talks with the administrators of Arcadia to potentially snap up the Dorothy Perkins, Wallis, and Burton brands, less than a week after inking a deal to acquire the global rights to the Debenhams brands and websites for GBP55m (US$75.2m).
Asos in exclusive talks to buy Arcadia brands
UK online fast fashion retailer Asos is said to be the frontrunner to acquire the Topshop, Topman and Miss Selfridge brands from retail giant Arcadia.
Debenhams to begin wind-down of UK operations
UK department store chain Debenhams is to begin a wind-down of its operations after JD Sports Fashion, Britain's largest sportswear retailer, ended rescue talks this week and administrators failed to find an alternative buyer for the business.
Arcadia Group collapses into administration
British retail tycoon Phillip Green's Arcadia Group has collapsed into administration with 13,000 jobs now at risk.
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.
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