Where is Arcadia based?
London, England
Does Arcadia own Debenhams?
Arcadia Group and Debenhams were bought this month in deals that did not include their store portfolios. Asos purchased Arcadia Group’s Topshop, Topman, Miss Selfridge and HIIT brands for £265m on 1 February. Boohoo Group acquired department store Debenhams for £55m in January.
Where is Topshop head office?
London, United Kingdom
How do I complain to Arcadia?
If you’re having problems with a Arcadia Group product or service and want to make a complaint then use CustomerCare.org to take your complaint to a Director for rapid response. Complete our easy form on the homepage to send your complaint straight to a decision-maker at Arcadia Group and get an answer.
Who is in Arcadia group?
Topshop,Topman, Miss Selfridge and HIIT The purchase values the brands at £265 million, and the new owner will also buy £30 million of stock upfront to support initial trading.
Is Arcadia going into administration?
Arcadia Group collapses into administration. The collapse of Sir Philip Green’s retail empire leaves 13,000 jobs hanging on a thread. It becomes just another corporate failure from COVID-19. The retail empire operates from 444 UK sites and 22 overseas.
Why did Arcadia Group fail?
Earlier this week, Arcadia Group fell into after blaming the Covid-19 pandemic for “severely impacting” sales across its stable of brands. Administrators from Deloitte will comb through Arcadia Group’s books to see what value is left in Green’s retail empire.
Is Topshop going bust?
Topshop parent company Arcadia Group fell into administration in November. However, the UK retail industry was left reeling after Green’s Arcadia Group retail empire, of which Topshop is a part, collapsed into administration last year.
Why is Topshop closing down?
At the time, the company admitted the forced closure of stores as a result of the Covid-19 pandemic has had a “material impact on trading.” Asos said its acquisition of the four brands will “resonate” with its core customer base of “20-somethings” in the UK.
Is Topshop closing down 2020?
Topshop’s flagship store is officially on the market. It’s the end of an era… 2020 may be over but unfortunately, the bad news just keeps rolling in. It has just been announced that Topshop’s iconic flagship store on Oxford Street is being sold off.
Who owns Topshop now?
Arcadia Group
Which Topshop stores are closing?
The stores that are closing:
- Aberdeen (Dorothy Perkins/Burton Menswear)
- Ashton Under Lyne (Topshop Topman)
- Bedford (Topshop Topman)
- Cheshunt (Outfit)
- Bluewater (Miss Selfridge)
- Fareham (Topshop Topman)
- Glasgow – Buchanan Street (Burton Menswear/Topman)
- Luton (Topshop Topman)
Why is Debenhams closing?
Debenhams went into liquidation late last year after a rescue deal for the iconic department store chain fell through. The company had been struggling for years to keep up with online competitors, and the Covid-19 pandemic and consequent store closures delivered the final blow.
Is ASOS closing down?
Topshop, Miss Selfridge and Topman websites have all been closed down and redirected to new owners, Asos. The British online fashion retailer has purchased Topshop, Topman, Miss Selfridge and HIIT for £265m and the stores and websites of those brands are set to close down.
Is Miss Selfridge good quality?
Arcadia Group, who own Miss Selfridge, received an overall score of ‘C+’ in the 2018 Australian Ethical Fashion Report, the same score it received in the previous years’ report. This suggests that in the space of a year, the Arcadia Group has done little to improve its ethical standards when it comes to labour rights.
Why is Topshop now ASOS?
In a letter to investors, ASOS said it bought the brands because they complement its existing portfolio and are established in the US and Germany, with around half of their 2020 sales coming from non-UK markets.
Is ASOS taking over Topshop?
In one of the biggest retail deals we have seen in recent times; Topshop has now officially been acquired by mammoth online retailer ASOS.