Financial difficulties prompt fashion group to look at number of options for business

Sir Philip Green’s Arcadia fashion group is in talks with potential lenders over a loan worth tens of millions of pounds as it seeks to recover from the blow of England’s second coronavirus lockdown.

Arcadia, the parent company of brands including Topshop, Burton and Dorothy Perkins, could look to borrow as much as £30m to help it plug the gap from lost sales.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘It’s a massive moment’: how Ncuti Gatwa will shake up Doctor Who

What does it really mean to have the first black Time Lord?…

The Guardian view on armed police: there should be no culture of impunity | Editorial

By throwing doubt on the CPS’s decision to charge an officer, ministers…

Canada and UK among countries with most vaccine doses ordered per person

UK has more than five doses per person on order, in sharp…

Crooked House owner linked to landfill that also went up in flames

Huge fire in 2018 hit site owned by company run by husband…