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What We Learned From Arcadia’s Demise

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The tale of Topshop owner Arcadia Group’s downfall is one of a high street in decline. On Monday, digital “cheap and chic” seller Boohoo Group plc plucked the bankrupt empire’s three remaining brands out of Sir Philip Green’s grasp, trading 25.2 million pounds ($35.5 million) for Dorothy Perkins, Burton and Wallis’ good bits (brand, inventory…

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