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Topshop owner Arcadia nearing collapse

Video Credit: PA - Press Association STUDIO - Duration: 01:12s - Published
Topshop owner Arcadia nearing collapse

Topshop owner Arcadia nearing collapse

Sir Philip Green’s retail empire is on the brink of collapse, with around15,000 jobs at risk.

The Arcadia Group, which runs the Topshop, DorothyPerkins and Burton brands, is expected to appoint Deloitte as administratorsin the coming days.

The company said it is “working on a number of contingencyoptions”, after Sky News reported that the group’s future is in doubt.


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Philip Green's Arcadia Group faces administration [Video]

Philip Green's Arcadia Group faces administration

Sir Philip Green’s retail empire is under threat as Arcadia Group faces collapse within days. The company is behind brands such as Topshop, Miss Selfridge and Dorothy Perkins. Around 15,000 jobs..

Credit: ODN     Duration: 01:41Published