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Here’s Why Bankrupt Arcadia’s Unsecured Creditors Won’t Get Much on Their Claims

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Sir Philip Green’s Arcadia Group collapsed into administration on Nov. 30 under a mountain of debt. How much? A report in The Telegraph, which said it has seen documentation prepared by the fashion empire’s administrators at Deloitte, said the company had 750 million pounds ($1.03 billion) outstanding. Over half of that amount, or more than…

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