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Topshop owner Arcadia falls into administration, putting more than 13,000 jobs at risk. It's the UK's biggest corporate casualty of the COVID-19 crisis so far.
Philip Green's Arcadia has not announced any redundancies. Administrators Deloitte is seeking buyer…
Grace Dean,Reuters
Arcadia, the owner of British brands Topshop and Miss Selfridge, is on the brink of collapse, risking 13,000 jobs
The fashion empire, which owns British brands including Topshop, Miss Selfridge, and Dorothy Perkin…
Grace Dean
Online fashion giant ASOS has bought Topshop as part of a $364 million deal, but the retailer's physical stores will still close
Online-only ASOS has bought Topshop, Topman, Miss Selfridge, and HIIT, which generated a combined £…
Grace Dean
Insider Retail: Black Friday is not dead after all, the McRib makes a triumphant return, and Arcadia Group becomes latest pandemic victim
Top news this week includes record-breaking online shopping sales on Black Friday through Cyber Mon…
Bethany Biron
A group of senior citizens hit Rihanna's 'Rude Boy' moves to recreate her Super Bowl halftime performance in a viral TikTok
The video shared by @Arcadiasrlivingbg on Thursday shows residents dressed like the singer and her …
Clay Walker
SVB's collapse could make it harder for climate startups to get the funding they need
Silicon Valley Bank worked with more than 1,550 clients in climate tech. It was "in many ways a cli…
Catherine Boudreau
Senior citizens said they finally received a response from Rihanna after 'anxiously waiting' for her reaction to their TikTok recreating her Super Bowl show
Residents at Arcadia Senior Living in Kentucky recreated Rihanna's Super Bowl halftime performance …
Charissa Cheong,Clay Walker
Topshop might be acquired by online fashion retailer ASOS: report
ASOS is seeking to buy the Topshop brand for more than £250 million ($342 million), Sky News report…
Victoria Cavaliere
British department store chain Debenhams will close all of its 124 stores as it enters liquidation, with 12,000 jobs at risk
In the short-term, Debenhams will continue to trade through its 124 UK stores and online to clear i…
Grace Dean,Reuters
I'm 25 and have 2 master's degrees and $131,000 in student debt. I lived in Paris and am heading to India with only $200.
A woman with $131,000 in student debt tells how she could afford to live in Paris for two years. No…
Alexandra York,Josée Rose
Next, Debenhams, Primark and other 'non-essential' retailers are set to reopen in the UK on June 15
The UK government had instructed non-essential retailers to shut shop on March 22. On reopening, th…
Shalini Nagarajan
The UK retail magnate behind stores like Topshop has been charged with misdemeanor assault in the US
In May, apparently unrelated to the charges against Green, Arcadia announced that it would shutter …
Ashley Rodriguez
Topshop is planning a huge retreat from the US, closing all 11 of its stores
The company has seen sales slide in recent years as it faces increased competition from buzzy onlin…
Mary Hanbury
Fast-fashion giant Boohoo has bought department store chain Debenhams for $75 million - but the deal won't save the chain's 118 stores
Boohoo has only bought Debenhams' brand and website, meaning its 118 stores will close. Up to 12,00…
Grace Dean
Angry shoppers are threatening to boycott Topshop after its billionaire owner is accused of sexual harassment
"While many of the allegations are only claims and have not yet been legally proven, Philip Green's…
Mary Hanbury
Cut-price apparel retailer Primark predicts that store closures during COVID-19 will cost it $1.4 billion
More than 75% of Primark's stores are currently closed, including all its sites in the UK, Ireland,…
Grace Dean
'Thriving not just surviving': How the UK's fast-fashion giant is powering ahead of competitors during the coronavirus pandemic
British fast-fashion retailer Boohoo posted a 44% jump in revenue proving its resilience in a tough…
Shalini Nagarajan
Topshop billionaire Sir Philip Green says Labour MP Frank Field is 'goading' him to sue
The letter is the latest attempt by Sir Philip to salvage his reputation and protect his knighthood…
Oscar Williams-Grut
Goldman Sachs' evidence on BHS shows why you want them in your corner
Neither did the board that sold BHS. Lord Grabiner, the chair of Arcadia's controlling company Tave…
Oscar Williams-Grut
Sir Philip Green calls MPs 'a complete bunch of old w*****s' - and denies any responsibility for BHS collapse
The Arcadia owner admitted that selling BHS to businessman Dominic Chappell for just £1 was the wor…