Next quits frenzied bidding war for Topshop admitting it cannot match rival bids By Daily Mail City & Finance Reporter Published: 21:51 GMT, 21 January 2021 | Updated: 21:51 GMT, 21 January 2021 Next has pulled out of the race for Topshop following a frenzied bidding war for the jewel in Sir Philip Green’s Arcadia … Read more
Fashion giant Next tipped as ‘frontrunner’ in race to buy Sir Philip Green’s Topshop empire, ahead of reported deadline for bids By Daily Mail City & Finance Reporter Published: 21:50 GMT, 17 January 2021 | Updated: 21:56 GMT, 17 January 2021 Fashion giant Next has been tipped as the ‘frontrunner’ in the race to buy … Read more
A black teenager has won £16,000 after a tribunal ruled Topshop bosses were racist for calling her ‘thick’ and she was ‘earning a lot of money for someone like her’. Shaniqua McKenzie, who was 16 at the time, was asked by her bosses at a Topshop in Wimbledon, London, how her grandma could afford to … Read more
Next plots dramatic Topshop rescue: Fashion in talks with US investor over deal to rescue Sir Philip Green’s Arcadia empire By Mark Shapland For The Daily Mail Published: 21:51 GMT, 18 December 2020 | Updated: 21:51 GMT, 18 December 2020 Bosses at Next will spend the weekend thrashing out a deal to rescue Sir Philip … Read more
Mike Ashley ready to pounce on Topshop AND Debenhams: Sports Direct billionaire in talks to mount a parallel rescue By Matt Oliver For The Daily Mail Published: 21:50 GMT, 10 December 2020 | Updated: 21:50 GMT, 10 December 2020 Mike Ashley’s Frasers Group has revealed it could still buy Arcadia brands such as Topshop as it … Read more
As the Goliaths of the high street tumble like a flimsy line of dominos, it’s tempting to think they are all suffering from the same affliction, but there’s a great difference between last week’s most high-profile victims – Arcadia’s Topshop and Debenhams. I was interviewed by the BBC as news of the collapse of Philip … Read more
Arcadia, the collapsed retail group behind Topshop and Dorothy Perkins, has a lucrative pension fund that has been paying former executives up to £1million a year, The Mail on Sunday can reveal. The £400million scheme – which was set up in the 1970s and is now falling into the hands of the Pension Protection Fund … Read more
Sir Philip Green’s TopShop empire Arcadia Group ‘faces collapse within days’ putting 15,000 jobs at risk By Faith Ridler For Mailonline Published: 10:38 GMT, 27 November 2020 | Updated: 10:52 GMT, 27 November 2020 Sir Philip Green’s TopShop empire could face collapse within a matter of days, reports claimed today, putting more than 15,000 jobs … Read more
Company behind Topshop and Dorothy Perkins in talks to raise £30m from lenders By Neil Craven, Financial Mail on Sunday Published: 21:51 GMT, 14 November 2020 | Updated: 23:23 GMT, 14 November 2020 The company behind Topshop and Dorothy Perkins is in talks to raise £30million from lenders. The extra cash will help bolster Arcadia … Read more
FTSE CLOSE: NSF shelves hostile bid for Provident; Landlords to vote on Topshop rescue deal; Card Factory bemoans tough High Street conditions Vote on Arcadia by shop landlords delayed until June 12 Non-Standard Finance has called off its £1.3billion bid for rival Provident Card Factory saw sales rise but said conditions on the High Street … Read more