On Air Now Declan Meehan 10:00am - Noon Email
Now Playing East Coast FM Morning Show Download

Reports Say Arcadia Group On the Verge of Collapse

It’s being reported today that a major retail empire in Britain is facing collapse within days, threatening the future of 15,000 jobs and bringing the curtain down on a number of  high street outlets.

Sky News is reporting that Sir Philip Green’s  Arcadia Group - which owns TopShop, Burton and Dorothy Perkins - is preparing to appoint administrators from Deloitte as soon as next week.

It’s understood talks with a number of lenders about an emergency £30m loan, ended without success.

More from East Coast FM Wicklow News

Later...

Co Wicklow Weather

  • Bray

    Light rain

    High: 18°C | Low: 13°C

  • Wicklow

    Light rain

    High: 18°C | Low: 13°C

  • Arklow

    Medium-level cloud

    High: 18°C | Low: 12°C

  • Blessington

    Light rain

    High: 16°C | Low: 11°C

  • Baltinglass

    Light rain

    High: 17°C | Low: 12°C

Listen Live Listen