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Covid Collapse: Topshop Owner Enters Administration

Consumers are shopping and denim is poised to be their go-to. Join Rivet tomorrow at 11 am ET for a roundtable with Diesel, Tenue de Nimes, Isko, NPD and Cotton Incorporated to discuss how denim can position for dominance in the new normal.

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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