Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

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

Join Sourcing Journal on March 13th HKT for Sourcing Summit Hong Kong for discussions on mending relationships between supply chain partners, remaking factories for smaller MOQs and faster turns, and creating resilience to survive the next inevitable crisis.

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…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!