Hollingworth to leave Arcadia

Fashion group Arcadia will today lose Nick Hollingworth, former managing director of Mainstream, previously one of the company 's three operating divisions.

Hollingworth's departure comes in the wake of Philip Green's takeover of the business and a reorganisation along fascia lines that meant Hollingworth's job no longer existed.

Green said: 'Nick and I discussed a group sourcing role for him. However, because of the brand-specific structure of the group, there is no suitable role.'

The departure is amicable, he added.