Rachel Johnson 7pm - 10pm
Arcadia group collapse: Will Topshop, Dorothy Perkins and Burton close?
30 November 2020, 12:30 | Updated: 30 November 2020, 20:43
Sir Philip Green’s Arcadia Group has collapsed into administration but what shops does that include? Will Topshop, Dorothy Perkins and Miss Selfridge close?
Putting 13,000 jobs at risk, the Arcadia group includes a number of the country’s favourite high street shops including Topshop and Dorothy Perkins.
So what high street shops are in the Arcadia group? Will stores like Topshop close? Here are the details so far:
What shops are in the Arcadia group?
Arcadia are owners of some of the most popular brands on the British high street.
Shops include, Topshop, Topman, Dorothy Perkins, Miss Selfridge, Burtons, Wallis and Evans.
They also own the out of town chain, Outfit.
Will there be store closures? Will Topshop close?
Administrators will give the business protection from creditors while the company will try and get back on an even keel, or while some parts are sold off.
It’s also likely that some of Arcadia’s brands will continue in some form due to their popularity.