Sky News published this video item, entitled “Sir Philip Green’s Topshop empire Arcadia Group faces collapse within days” – below is their description.
Sky News has learnt that Arcadia Group – which owns Topshop, Burton and Dorothy Perkins – is preparing to appoint administrators from Deloitte as soon as next week. One retail industry figure said Arcadia’s collapse had become inevitable after talks with a number of lenders about an emergency £30m loan ended without success.
Sky News YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.