Sir Philip Green's Topshop empire Arcadia Group faces collapse within days
Sky, 28 Nov 2020
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.
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
For more content go to http://news.sky.com and download our apps:
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog