Arcadia Group

[Rustie Trombone]

On the verge of collapse

Sir Philip Green’s Arcadia group could collapse within days putting thousands of jobs at risk

Owner of Topshop, Burton and Dorothy Perkins on brink of administration

www.independent.co.uk

I wonder at what point our parliament will say that the cure is worse than the disease?

 

[becs]

Aww that's sad news. I love Dorothy Perkins!

 

[luvulongtime]

one things for certain that slimy weasel Green won't be out of pocket

 

[Prefab]

one things for certain that slimy weasel Green won't be out of pocket

He's already milked it's pension fund dry, alright for some. Should have been stripped of his knighthood.

 

[James]

They were going down the pan long before this.

 

[Old Timer]

The group were in trouble for a long time before COVID. They need £30m to keep going while Green is sitting on his £100m yacht. He is a billionaire who has found a way to off load loss making businesses which made him rich on the backs of his workers, at a time when he can blame others for his failure and at the same time hide his greed.

 

[box2box]

Mike Ashley has been quiet for a while ....

 

[FootballFan]

He's already milked it's pension fund dry, alright for some. Should have been stripped of his knighthood.

How he has a Knighthood is beyond belief.

 

[Cotia]

Really can't imagine them being missed. Seem to belong to a different era

Top Shop, DP, Burton. Probs 20 yrs since I ventured in any of em

Disclaimer: I didn't really used to shop in Dorothy Perkins

 

[Botchie]

No doubt COVID has accelerated this and will be blamed. However Green is a shithouse that has form for sitting back and watching his businesses collapse before pocketing what's left.

 

[tunstallhill]

How he has a Knighthood is beyond belief.

Well he can afford one, so nowt stopping him

 

[wisemensaysteve]

the bloke is a crook, he should be stripped of his knighthood

 

[Wearside Wanderer II]

Get yer vouchers spent

 

[STUMPY]

one things for certain that slimy weasel Green won't be out of pocket

Im sure im not the only one, but the bloke just has the look of a wrongun to me. Reminds me of harvey Weinstein a bit.

 

[Ghandi Floss]

The group were in trouble for a long time before COVID. They need £30m to keep going while Green is sitting on his £100m yacht. He is a billionaire who has found a way to off load loss making businesses which made him rich on the backs of his workers, at a time when he can blame others for his failure and at the same time hide his greed.

Hopefully he falls off it, the vile little varnished warthog.

 

[Deleted member 22162]

Nobody should take any pleasure from this. 15000 people potentially out of work, whereas that slimeball went into the pandemic a billionaire and he’ll walk out of it a billionaire. No skin off his nose, ultimately.

 

[Zimba]

Wrong forum here like this is nothing to do with Covid and more to the fact it isn't in trend anymore and ignored the move to online. This would've happened Covid or not. Topshop being the biggest problem.

Four reasons Topshop is not the brand it once was - Good article here about it.

 

[Deleted member 32773]

Why do people seem to get pleasure out of Arcadia going tits up? Yeh Green is a twa t but seen today loads of flippancy about it with loads of "they were in trouble before covid" as if that makes it ok, a lot of retail was but being forced to close for 5 months or so doesnt help. Look at the effect on businesses which were doing well before Covid and some of the losses they've made.

 

[macum1920]

Never use Topman myself but Mrs and daughters love Topshop, shame for the high street and anyone losing their job that they may go.

 

[Biffo The Bear]

He's already milked it's pension fund dry, alright for some. Should have been stripped of his knighthood.

Let him keep the poxy knighthood. Finding a way to strip him of his ill gotten gains would be a better outcome.