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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
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
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
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
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
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
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
Sir Philip Green's Topshop retail empire is actually owned by his wife Tina, a 'blonde hurricane' who designs interiors for luxury yachts
Lady Green was initially summoned by MPs to appear alongside her husband at two Parliamentary Selec…
Oscar Williams-Grut
The 7 cheap and trendy retailers you've never heard of that are blowing up online
Tobi is savvy at attracting new customers with a promotion for 50% off a first order on clothes tha…
Read the letter that Flipkart CEO wrote to his employees after acquiring Jabong
As reported, Myntra, the e-commerce portal owned by Indian e-commerce giant Flipkart has acquired a…
Sir Philip Green is willing to pay £300 million to make the BHS pension problem go away
Sir Philip Green bought BHS in 2000 for £200 million and his family took over £300 million in divid…
Oscar Williams-Grut
MPs are about to grill a top Goldman Sachs banker over the BHS collapse
BHS was sold by retail billionaire Sir Philip Green last year for £1 to a vehicle headed by Dominic…
Oscar Williams-Grut
Thousands of jobs are at risk at a British retail giant sold for just £1 last year
The announcement of potential store closures and job losses comes after BHS' leadership unanimously…
Will Martin
The return of retail: How shopping in the UK will be dramatically different as stores reopen after lockdown
Despite stores reopening, services prohibited by social distancing, such as tailoring or beauty mak…
Shafi Musaddique
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 could be dragged into the row over BHS' collapse
Is there too much of an incentive in the system for owners to asset-strip, take out vast sums for p…
Oscar Williams-Grut
Billionaire Philip Green will be grilled twice in Parliament over the collapse of BHS - and MPs are angry
As well as Sir Philip, the committees have called his wife Tina, the ultimate owner of Arcadia Grou…
Oscar Williams-Grut
There's ANOTHER inquiry into the collapse of BHS - and this one could actually hurt Sir Philip Green
Ian Wright, the chairman of the House of Commons Business Select Committee, summed up the anger sur…