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