Arcadia Group may permanently shut down stores amid Covid-19 crisis

Philip Green’s fashion group serves notice on landlords but move may signal negotiations rather than closures Coronavirus – latest updates See all our coronavirus coverage Sir Philip Green’s Arcadia Group – whose brands include Topshop, Dorothy Perkins and Miss Selfridge – could permanently shut down some of its shops as the coronavirus pandemic takes a toll on high street retailers. The fashion group has served notice on its landlords to walk away from stores whose leases have rolling breaks or are due to expire. Continue reading...