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Covid Collapse: Topshop Owner Enters Administration

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The struggles buffeting the U.K.’s apparel retail sector this year are bringing yet another big-name retailer to its knees, with reports that Arcadia Group Limited, owner of high street chains from Topshop to Dorothy Perkins to Miss Selfridge, collapsed into administration—the U.K.’s version of bankruptcy—Monday, according to local British media reports. Arcadia has not responded…

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