US giant circles Arcadia and Debenhams for ‘double takeover’

Authentic Brands is interested in buying Debenhams

The owner of US department store Barneys has emerged as a potential buyer of both Arcadia and Debenhams.

Authentic Brands Group, which also controls retailers Brooks Brothers and Forever 21, is talking to the administrators of Sir Philip Green’s Topshop-to-Dorothy Perkins empire and the troubled department store business.

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