Tina Green has been handed £50m by administrators from the remains of her husband’s Arcadia empire.
Lady Green was a secured creditor of the fashion group after providing its Daventry warehouse with an interest-free loan in 2019 during its first restructuring.
The funds were given to the Green family’s Aldsworth Equity – their investment vehicle, located in the British Virgin Islands, which is controlled by Lady Green – after the sale of the warehouse.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.