Fashion

Arcadia teeters on brink of collapse, 13,000 jobs at risk

By 2020-11-27T11:23:00

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Sir Philip Green’s Arcadia empire could collapse into administration as soon as next week.

It is understood the business stands on the brink of administartion after talks were unsuccessful to secure a £30m loan to keep it afloat after being battered by the impact of pandemic and store closures.

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