
Arcadia is now operating in administration with speculation that Boohoo, Frasers, Next and M&S would be interested in buying parts of it. There are also fears over the knock-on effect on its suppliers.
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Arcadia is now operating in administration with speculation that Boohoo, Frasers, Next and M&S would be interested in buying parts of it. There are also fears over the knock-on effect on its suppliers.
Frasers Group has confirmed that it would be interested in buying some or all of Arcadia's brands if the struggling business enters administration as expected.
Giant fashion group Arcadia is believed to be on the verge of the worst UK corporate collapse of the Covid crisis, with the firm expected to go into administration as early as Monday. This would put 13,000 jobs at risk.
Buy now, pay later (BNPL) specialist Clearpay has added a number of new brands to its service with Arcadia’s Topshop, Topman, Miss Selfridge, Dorothy Perkins and Wallis signing up.
Most people in "white-collar" jobs are working from home, a seismic shift in behaviour that is having profound repercussions across the supply chain for suits and formal wear.
UK fashion retailers have been trying to get ahead of Amazon by discounting heavily as the e-tail giant plans its fashion-focused Biggest Sale in the Sky that kicks off on June 22, new data has shown.
Streetwear fashion brand Hype has launched a mobile shopping app offering special discounts and free gifts, including a free face mask for 10,000 people.
Topshop owner Arcadia could be mulling the permanent closure of many more stores than previously expected on the back of the coronavirus pandemic.
The owner of the Topshop and Dorothy Perkins chains has furloughed the majority of its staff as, like the rest of the retail sector, it continues its fight for survival in the face of the coronavirus crisis.
Fast fashion stores across the UK and Ireland are shutting their doors for who-knows-how-long as footfall drops to a trickle, despite the government not having specifically ordered shops to shut.