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. The group has more than 2,500 outlets in the UK, concessions in UK department stores such as Debenhams and Selfridges, as well as several hundred franchises in other countries. The company is majority owned by Taveta Investments, itself owned by Tina Green, the wife of Sir Philip Green, who is the chair of the Arcadia Group. Philip Green has been involved in a number of controversies during his career, including sexual harassment allegations, which he denies. The Green family was also heavily criticised for its management of the UK British department store BHS. The Greens bought BHS for £200m in 2000, before selling it in 2015 for £1 to serial-bankrupt businessman Dominic Chappell. In 2019, Arcadia began to shut stores in a CVA, with rumours the group would be split up into its separate parts.
2020-01-02T17:05:00+00:00By Leanne Carr
Topshop in the Westfield Stratford City shopping centre is set to shut after its lease runs out.
2019-12-18T07:00:00+00:00By George MacDonald
In a few days, the tumult of Christmas trading will be over. The short time before the January Sales kick off – in-store at least – brings a chance to reflect on the retail year gone by.