Arcadia Group
Use attributes for filter ! | |
Headquarters | London |
---|---|
United Kingdom | |
Ceo | Ian Grabiner |
Number of employees | 22,000 |
Founded | 1903 |
Subsidiaries | Topshop |
Dorothy Perkins | |
Wallis | |
Topman | |
Evans | |
Type of business | Private company limited by shares |
Date of Reg. | |
Date of Upd. | |
ID | 990596 |
About Arcadia Group
Arcadia Group Ltd. is a British multinational retailing company headquartered in London, United Kingdom. It owns the high street clothing retailers Burton, Dorothy Perkins, Evans, Miss Selfridge, Topman, Topshop, Wallis and the out of town chain Outfit, which sells lines from the other group chains.
Kaden Reddick: Topshop and Arcadia guilty of safety breaches
... Following a two-month trial, Arcadia Group and Topshop/Topman were convicted of failing to discharge a health and safety duty...
Green's retail empire of over 100 stores could close
...Sir Philip Green, the Arcadia Group is the grace period, the landlord is out of the way more than 100 branches by the end of summer to go...
Steve Coogan: We ignore the imbalance between the rich and the poor
... Green, the Monaco-based Arcadia Group Chairman, was and was, Arcadia, which owns Topshop, has denied, with sweatshops, and if it is found a supplier violated was clearly our strict code of conduct (code of conduct ...
US assault charges against Sir Philip Green falls
... On Monday, his Arcadia Group, said the case was now dismissed...
Sir Philip Green's Topshop reports £500m loss
... There is increasing speculation that the Arcadia Group could be broken up, in the hope new owners can resuscitate its brands...
Philip Green's Topshop empire plunges to loss
... Challenging year The results are for Taveta Investments, the holding company of the Arcadia Group of businesses owned by Sir Philip s wife Tina...
Karren Brady quits Philip Green's empire amid controversy
... Taveta, the holding company for Sir Philip s Arcadia Group, said she had stepped down as its non-executive chairman, but gave no reason...
Sir Philip Green's Topshop reports £500m loss
Sir Philip Green 's Topshop and Topman fashion chains suffered an almost £500m net loss last year, amid tumbling sales and a raft of one-off charges.
showed a £498. 5m loss for 2018, a sharp rise on the £15. 6m loss in 2017.
The results also showed that sales fell 9% to £846. 7m.
The figures lay bare the extent of the problems at parent company Arcadia, which recently had to strike a rescue deal to keep its retail empire afloat.
Arcadia, which also owns other High Street names including Miss Selfridge and Burton, is shutting 48 stores and cutting rents at other outlets.
Last week, Arcadia reported a smaller loss of £169. 2m for 2018, suggesting some parts of Sir Philip's empire are offsetting the poor performance of others.
However, despite The Group 's restructuring, Arcadia warned last week that it may need fresh funding to support its business.
Topshop was long the jewel In Arcadia 's crown. It became a trendsetter and attracted celebrity endorsements during The 2000S .
Kate Moss has twice worked with Sir Philip on Topshop lines, while Cara Delevingne , the model-turned-actress, became The Face of the brand in 2014.
But like other traditional retailers, it has struggled with The Rise of more nimble fast fashion players.
In terms of sales, most of the damage last year occurred in Topshop's dominant UK business, where revenue fell by £83m.
However, it blamed most of its heavy losses on one-off charges, such as onerous shop leases on loss-making stores and writedowns on the value of assets. It also revealed a sharp Fall In staff numbers, down 12% to 3,853.
There is increasing speculation that the Arcadia Group could be broken up, in The Hope new owners can resuscitate its brands.
Before agreeing The Most recent shop closures, Arcadia had closed 200 of its UK stores over the preceding three years.
retailing, sir philip green, companies, arcadia group
Source of news: bbc.com