Which shops are in the Arcadia Group?
The Arcadia Group is a British multinational retail company headquartered in London. Founded in 2002, it consists of fashion retailers including Topshop, Topman, Dorothy Perkins, Wallis, Burton, Miss Selfridge and Evans.
Is Arcadia Group still trading?
Arcadia Group Ltd (formerly Arcadia Group plc and, until 1998, Burton Group plc) was a British multinational retailing company headquartered in London, England….Arcadia Group.
| Trade name | Arcadia Group Ltd |
|---|---|
| Industry | Retail |
| Founded | 1929 (as Burton Group plc) 1998 (as Arcadia Group plc) |
| Defunct | 2021 |
| Fate | Administration |
What Arcadia shops are closing?
When Arcadia fell into administration, it placed hundreds of stores and up to 13,000 jobs at risk. With Evans sold off and Outfit now permanently closing all its stores, Arcadia’s remaining fascias include Dorothy Perkins, Wallis, Burton, Miss Selfridge and the flagship Topshop.
What brands do Arcadia own?
Deloitte, which is handling the administration, said the latest transaction completes the sale of the Arcadia brands and follows the sale of Topshop,Topman, Miss Selfridge, HIIT and Evans.
Is Topshop a failure?
However, Topshop, and Arcadia’s other retailers, have fallen out of fashion in recent years, as it failed to respond to increasing competition from younger firms such as Asos and Boohoo. Last year it secured a company voluntary arrangement in order to shrink its store estate amid falling sales.
Is Burton closing down?
All of Dorothy Perkins, Wallis and Burton’s stores are set to permanently close with a loss of around 2,500 jobs after online clothing giant Boohoo agreed a £25.2 million buy out deal. It means all of controversial business tycoon Sir Philip Green’s Arcadia group’s brands have now been taken out of administration.
Why did Arcadia Group fail?
Earlier this week, Arcadia Group fell into after blaming the Covid-19 pandemic for “severely impacting” sales across its stable of brands. Administrators from Deloitte will comb through Arcadia Group’s books to see what value is left in Green’s retail empire.
Why is Topshop closing down?
At the time, the company admitted the forced closure of stores as a result of the Covid-19 pandemic has had a “material impact on trading.” Asos said its acquisition of the four brands will “resonate” with its core customer base of “20-somethings” in the UK.
Is River island owned by Arcadia?
River Island is a London-headquartered high street fashion brand, which operates in a number of worldwide markets. Set up in 1948, by Bernard Lewis and his brothers in London. River Island is a private company owned by the Lewis family.
Is Topshop going bust?
Sir Philip Green’s fashion empire Arcadia is no more, with its famous brands, including Topshop, carved up by online retailers leaving behind a ghost chain of 500 shops. The sale to Boohoo of its last three high street names – Dorothy Perkins, Wallis and Burton – was confirmed this week.
Do Burton shops still exist?
Sir Philip Green acquired the Arcadia Group in 2002, and it became the sole owner of Burton….Burton (retailer)
| Trade name | Burton |
|---|---|
| Number of locations | All stores closed (2021) |
| Key people | Siobhan Forey (Chief executive officer) |
| Owner | Boohoo.com |
| Website | www.burton.co.uk |
