Philip Green’s Arcadia to go bust so who is to blame?

Tom Winnifrith Friday 27 November 2020


Share this

It appears that Arcadia, owner of TopShop, Burtons and Dorothy Perkins is unable to tap an additional £30 million banking lifeline and so is likely to go into administration next week putting 13,000 jobs at risk. The odds are that most stores will be bought from the administrators so the actual jobs cull, though painful, will not be as painful as some fear. Already the blame game has started but who is really to blame?

Read the full article
About Tom Winnifrith
Tom Winnifrith is the editor of When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
[email protected]
Read next

Tom Winnifrith Bearcast: Were Malcolm Stacey and Thirsty Paul Scott right about IQE after all?

I start with the weather. Guess what it is like in Wales today? I end with Joe Biden, what I shall NOT be watching tonight, why and what I fear from the next four years. In between I look at IQE (IQE), Bidstack (BIDS), Xtract Resources (XTR), Eurasia Mining (EUA) and Greatland Gold (GGP). But it is mainly IQE.

On ShareProphets
Wednesday 20 January 2021 Copyright © . All rights reserved.
Created by Everywhen