Arcadia

Topshop store on Oxford Street in London

Fashion

Guess owner bids for Topshop

Topshop parent Arcadia has a prospective buyer: G-III Apparel, owner of Tommy Hilfiger and Guess among others, is said to be bidding for the bankrupt British fashion empire.

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Jorg Snoeck, Sofie Geeroms, Els Breugelmans, Natalie Berg

General

Retail experts predict 2021

COVID-19 represented an unprecedented obstacle for the retail sector in 2020. But what is the concrete impact of the crisis? What can we learn from it, and will we remain under the spell of the Covid story in 2021? Four retail experts reflect, and look ahead.

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Topshop store

Fashion

Corona crisis forces Arcadia (Topshop) to its knees

British fashion group Arcadia, mainly known from the brand Topshop, is bankrupt. The corona crisis turned out to be the final blow for the retailer. The bankruptcy could also have far-reaching consequences for Debenhams.

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Fashion

Topshop loses half a billion pounds

The British fashion chains Topshop and Topman ended their previous financial year with a loss of 505 million pounds (567,50 million euros) before tax. The group is now planning a major restructure, which will put thousands of jobs at risk.

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